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Liberty Company Insurance Brokers adds insurer to network
Meanwhile, Rick Donatini, a veteran in the employee benefits field, has been named vice president, employee benefits, bringing decades of experience to the role. Together, the three new hires bring nearly 70 years of combined experience to Liberty, strengthening the company’s ability to provide comprehensive benefit solutions to clients. Source link

Proposed tariffs could add $60bn to auto claims
While higher tariffs might not translate directly to increased repair bills, Sampson pointed to indirect consequences such as supply chain disruptions, price swings and delays as potential drivers of cost volatility. “For insurers, that translates into greater uncertainty around claims severity, reinsurance pricing and asset planning,” he said. Source link

Citizens Property Insurance looks for $2.94 billion in new private risk transfer
The report, which reviewed various aspects of the carrier’s operations – including customer service, claims handling, internal audits, and information technology – found that Citizens needs to strengthen its processes to ensure policies adhere to statutory coverage limits. Source link

New Mexico court issues ruling on medical marijuana costs coverage
However, the court sided with the defendants, namely Blue Cross and Blue Shield of New Mexico, Presbyterian Health Plan Inc., and Western Sky Community Care Inc., based on the structure of New Mexico’s Benchmark Plan. This plan, which guides insurer coverage in the state, does not explicitly cover cannabis and excludes reimbursement for substances that…
