New York considers changes to state insurance regulations

[ad_1] When excluding variable investment income (VII), notable items, and results from international businesses, APTOI fell 10%, which the company said was due mainly to the impact of short-term interest rate changes and higher interest expenses related to pre-funding the company’s April 2025 debt maturity. [ad_2] Source link

[ad_1] Gia Snape of Insurance Business sat down with Kareen Boyadjian (pictured), vice president of personal and healthcare cyber underwriting, to discuss emerging cyber risks for high-net-worth individuals and families, including social engineering, wire transfer, and artificial intelligence-driven threats, and how the cyber insurance market can evolve to address gaps in coverage.  [ad_2] Source link

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[ad_1] The new legislation, Landry explained, is aimed at reining in what he described as “a cultural problem of frivolous litigation,” driven in part by lawyer advertising. He noted that while Louisiana’s rate of car accidents and repair costs align with national averages, the state sees disproportionately high minor injury claims—twice the national average. [ad_2]…

[ad_1] This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the landscape consumers are feeling the pinch of their insurance carriers in both Commercial and Personal Insurance. There are many factors that are continuing to…