Advancements in vehicle technology, including the integration of Advanced Driver Assistance Systems (ADAS), have influenced collision claim frequencies and severities. While ADAS features aim to reduce accidents, the complexity and cost of repairing these systems can lead to higher claim costs when collisions occur.
While Lemonade continues to expand its auto insurance business, it has also reported significant growth in its marketing investments. In the fourth quarter of 2024, the company’s sales and marketing expenses climbed to $36 million, up from $13.4 million in the same period the previous year. “Alongside this acceleration, we remained laser focused on marketing…
Your Yard’s Health. The more the leaves pile up and begin to break down, the more difficult they’ll be to clear away. If it snows before you’ve had a chance to rid your yard of them, they’re likely to stay on your lawn all winter, where they’ll block sunlight and encourage the growth of mold…
Mangione, who was arrested in Altoona, Pennsylvania, after a nationwide manhunt, reportedly expressed hostility toward the health insurance sector in a “manifesto” found during his arrest. Among the manifesto’s entries, Mangione stated that “the target is insurance” because it “checks every box,” indicating a clear focus on the industry. Source link
In a decision issued on March 14, 2025, the Arizona Court of Appeals reversed a lower court’s ruling in favor of Date Street Capital, LLC, a lienholder and loss payee on the policy. The court held that Date Street, while entitled to receive insurance proceeds as specified in the policy, has no contractual right to…
Lerone Sidberry, president and COE of Hub Midwest West, emphasized the strategic fit of the acquisition, stating: “With deep expertise across all facets of the insurance industry, Dansig’s experience and skillsets perfectly complement and strengthen Hub’s capabilities in the region. We’re excited to welcome the Dansig team to Hub.” Source link
