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Slide Insurance files for IPO
Slide was established in 2021 by Bruce and Shannon Lucas, a husband-and-wife team with extensive experience in the insurance sector. Bruce Lucas, who previously founded and led Heritage Insurance Holdings Inc., serves as Slide’s chief executive. Shannon Lucas, formerly CEO of risk consulting firm Securus Risk Management LLC, holds the roles of chief operating officer…

US lawmakers push to end auto insurance bias with reintroduced PAID Act
House Resolution 336 would extend prohibitions beyond credit scores and occupations to include education level, employment status, gender, ZIP code, census tract, homeownership status, previous insurer, and prior insurance purchases. The bill’s language specifies that these factors would no longer be permitted when insurers calculate premiums. Source link

Progressive Insurance to hire thousands of employees this year
Furthermore, the company’s customer care department is expanding with a range of call center positions, including Spanish bilingual representatives and licensed insurance agents. The in-house legal team is also hiring defense attorneys in Sherman Oaks, California; Atlanta, Georgia; Long Island, New York, and multiple cities in Florida and Texas. Other openings include positions for territory…

ALKEME introduces sector-focused auto sub-brand ALKEME Automotive
ALKEME Automotive will operate as a dedicated platform serving franchise and used car dealerships, auto repair and body shops, towing companies, rental businesses, parts manufacturers, and service centers. The sub-brand brings together agency leaders with experience in delivering specialized coverage and services within the automotive market. Source link