GEICO sued over misrepresentation in accident forgiveness program

[ad_1] “We designed IB+ Data Hub to be more than just a repository of information—it’s a strategic resource for professionals who need to stay ahead of the curve,” said Claire Preen, director of intelligence at Insurance Business. “Whether you’re in underwriting, legal, compliance, or executive strategy, this is about enabling action based on real insight.”…

[ad_1] “We also brought our partnership ethos to the incumbent agents, striving to achieve a smooth, seamless process, to focus our efforts on policies we believe can be underwritten on an actuarially sound basis within 20% of Citizens rates and to limit our reweighting predominantly to reflect our commitment to statewide diversification and exposure management,”…

[ad_1] Type-A Numbers: Those associated with calls coded as “prerecorded” and appearing on internal do-not-call lists. Type-B Numbers: Those that received a prerecorded call after a call coded as “disconnected.” Using this data, Verkhovskaya proposed a multi-step notification plan, including reverse lookups, cross-referencing subscriber information with carrier data, and issuing subpoenas to…

[ad_1] The reinsurance segment, comprising 34% of the company’s gross written premiums, reported a 43.7% increase in gross written premiums to US$70.0 million, from US$48.7 million a year earlier. Net premiums earned increased to US$24.9 million from US$16.8 million. Underwriting income rose to US$10.4 million, compared to US$6.8 million in the first quarter of 2024….

[ad_1] Comparatively, Bowhead reported that its Q4 2024 gross written premiums rose 26.3% to $184.8 million, driven by renewals, new business, and platform expansion across all divisions.  Return on equity stood at 14.8%, while the company’s book value per share stood at $11.34. [ad_2] Source link

[ad_1] Turmoil, shadow fleets, and mis-declared cargo affect marine risk priorities [ad_2] Source link