"Insurance shouldn’t just be a pot of money for attorneys"
As insurers retreat from some markets, policyholders are facing skyrocketing premiums, stricter underwriting and unexpected policy cancelations
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New York to toughen up laws to make up for weakened CFPB
New bill aimed at insurers, others launched by AG Letitia James Source link
What is an Accredited Customer Service Representative and how do you become one?
For example, when converting a quote into a policy, it’s the Accredited Customer Service Representative’s duty to meticulously verify the relevant information, update policy terms, and adhere to stringent company protocols. This is essential to ensure a seamless transition from a client’s inquiry to a bona-fide insurance policy agreement.  Source link
Travelers unit faces lawsuit for denying hail loss claim
Court asked to compel appraisal process after storm damage dispute Source link
Aon announces leadership transitions | Insurance Business America
The move supports the company’s ongoing development of its next-generation Aon Client Leadership strategy, which aims to deliver integrated solutions to help clients manage their risks. The company also named Magnus Roe as global chief data and analytics officer. He is responsible for advancing the company’s capabilities in analytics and helping clients make data-informed decisions. …
Marsh promotes Adam Russell to global wholesale chief
Leadership moves support coordinated client service and global reach Source link
Markel Insurance introduces new divisional structure for businesses
The second division, Programs and Solutions, will cover a range of business lines, including personal lines, Bermuda operations, surety, workers’ compensation, small commercial packages, program and alliance offerings, and Insurtech. Alex Martin, formerly president of Markel Specialty, will lead the division. Martin has been with the company for 19 years and has held positions across…