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FM introduces credit scheme with adjusted eligibility requirements
Under the revised structure, policyholders will receive a 5% credit for fewer than five consecutive years of membership, 10% for at least five but fewer than 10 years, 12.5% for at least 10 but fewer than 15 years, and 15% for at least 15 consecutive years. Source link

Proposed Florida bill could increase insurance litigation costs
He cautioned that if the bill becomes law, insurers will have to reassess risk pricing in Florida, and reinsurers are likely to follow suit. He added that these changes would ultimately impact policyholders through higher premiums, calling the bill a reversal of recent reforms. Source link

New Jersey bill to require insurers to cover medical care for menopause – report
Dr. Christmas said hormone replacement therapy is one option for treating night sweats, genitourinary symptoms, or early onset menopause before age 40, as early menopause increases the risk of cardiovascular disease, cognitive decline, and osteoporosis. Hormone therapy is available in the form of pills, patches, creams or gels. The US Food and Drug Administration has…

Next Level Commitment in 2025
As we begin a new year, I want to take a moment to reflect on the incredible work we’ve accomplished together and share my excitement for what lies ahead in 2025. At CH Insurance, our foundation rests on our employees, our clients, our carrier partners, and our community. These pillars shape every decision we make and…

State Farm must cover scooter crash under uninsured motorist policy
The ruling, issued on April 23, 2025, stems from an incident in November 2022, when Michelle DiPego of Muncie, Indiana, was walking along a Baltimore city path and was struck from behind by a woman riding an electric scooter. Although the rider and a companion briefly stopped, they refused to identify themselves and left the…

AI is not the enemy: Five biggest drivers of cyber claims in 2025
Claims severity has risen, especially with high-profile systemic events and persistent privacy litigation. At the same time, Schnur said, underwriting practices have become more refined, and clients, particularly those in the mid-market and enterprise tiers, are significantly more cyber-savvy than they were five years ago. Source link