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Amwins introduces excess casualty program for public entities
[ad_1] Program provides coverage for municipalities, schools and more [ad_2] Source link

California appeals court rules against hospital billing Progressive directly from UM policy
[ad_1] The dispute arose after a patient, M.G., who was covered by Medi-Cal, received emergency and ongoing treatment from Dameron following an automobile accident. During the admissions process, either M.G. or her representative signed the hospital’s Conditions of Admission (COA) form. That form included an AOB clause covering “all uninsured and underinsured motorist insurance benefits…

Rising annuity sales driving demand for shorter-duration assets – AllianceBernstein
[ad_1] “Traditionally, investing assets on behalf of insurance companies was a relatively straightforward matter of matching assets and liabilities. Now, not only are insurers looking to invest in higher-yielding private asset assets, it also makes sense for them to invest more in equity or equity-like structures,” Zhu said, pointing to a recent investment in a…

Commercial lines mark four-year profit streak – Fitch
[ad_1] According to Fitch, the sector recorded a combined ratio of 97%, down from 107% in 2023. The improvement ended a three-year stretch of underwriting losses, with the turnaround driven by easing claims severity, steady claim frequency, and higher premiums from rate increases. [ad_2] Source link

From fax to fintech: dragging commercial insurance into the digital era
[ad_1] Online quoting tools have sped up small-business workflows, but mid-sized commercial accounts still face outdated processes and manual bottlenecks. In Florida’s high-risk market, even routine tasks like retrieving loss runs or explaining exclusions can carry serious liability. As carriers lean further into automation, Iten warns, brokers are often left to manage the consequences. [ad_2]…

Cargo theft at record highs: What brokers need to know
[ad_1] High-demand commodities lead the hit list Food and beverage shipments remain the top target for criminals, with 180 incidents reported in Q2 2025 alone, a 68% year-over-year increase, according to CargoNet. Alcohol, energy drinks, and frozen meat are perennial favorites for cargo thieves because they can be consumed quickly, leaving little trace for investigators,…