
Similar Posts

North Dakota bill would shift securities oversight to insurance department
[ad_1] Securities regulation and insurance oversight In the US, securities regulation is primarily managed at the state level, with each state establishing its own regulatory framework. The structure and oversight of securities regulation vary across states, with some integrating securities oversight within their insurance departments, while others maintain separate agencies. [ad_2] Source link

ALKEME introduces sector-focused auto sub-brand ALKEME Automotive
[ad_1] ALKEME Automotive will operate as a dedicated platform serving franchise and used car dealerships, auto repair and body shops, towing companies, rental businesses, parts manufacturers, and service centers. The sub-brand brings together agency leaders with experience in delivering specialized coverage and services within the automotive market. [ad_2] Source link

Hawaii resolution pits insurers against oil companies in subrogation claims
[ad_1] Insurance coverage for oil companies Several major insurers, including AIG and Chubb, continue to provide coverage for oil and gas operations. Chubb, for instance, has expressed intentions to underwrite more oil and gas production, aligning with anticipated increases in fossil fuel activities under the current US administration. [ad_2] Source link

Trump’s anti-DEI win could raise D&O, EPL costs
[ad_1] Firms brace for rise in litigation risks [ad_2] Source link

FM introduces credit scheme with adjusted eligibility requirements
[ad_1] 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. [ad_2] Source link

Competitor Analysis – Private Passenger Auto Insurance: State Farm, Progressive, GEICO, Allstate, an
[ad_1] In response to rising cost pressures, auto insurers saw underwriting results deteriorate, prompting significant adjustments to pricing strategies. “(Auto insurance providers) sought and received approval to raise rates. So, you’ve had several years of back-to-back, in some cases double-digit, rate increases. It culminated in 2024, with underwriting results showing a big improvement as a…