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Lemonade CEO reflects on State Farm’s 2018 ‘attack ad’
“We envision a future, not a distant one, where many of our colleagues are AIs. Imagine an actuary who can join a Zoom call anytime, 24/7, with access to all of Lemonade’s historical and real-time data,” he told the audience of insurtech and insurance leaders in London. Source link

Small Business Tips: Central Article Roundup
Running a small business comes with big responsibilities—from protecting your property and employees to understanding the fine print in your insurance policies. At Central Insurance, we’re committed to helping business owners navigate these challenges with confidence. In this roundup, we’ve gathered our most valuable small business resources to help you understand your coverage, manage risks,…

Insurers spending less on liability claims defense – a recipe for disaster?
This is according to Insurance Business’ recently released insights Data Hub, where the definition of “liability insurance” covers surety, credit, fidelity, and financial guarantee, protection against theft, regular and excess workers’ compensation, medical malpractice, medical professional liability (both claims-made and occurrence-based), product liability (both claims-made and occurrence-based), and other forms of liability insurance structured similarly….

Northwestern Mutual to hire 5,000 new financial advisers
In Oregon, the company plans to add 83 financial professionals, with positions available in Portland, Lake Oswego, Bend, and Eugene. Additionally, Northwestern Mutual Goodwin, Wright plans to recruit 30 new financial advisers, representatives, and interns in 2025. Source link

North Dakota bill would shift securities oversight to insurance department
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. Source link

Central’s Regional Large Construction Underwriting Specalist
Central’s large construction team is growing, and at the heart of this expansion is Brian Shaffer, construction underwriting specialist. With nearly 25 years of experience in insurance—most of it specializing in construction underwriting—he brings a wealth of knowledge, strong industry relationships, and a deep commitment to delivering value to policyholders and agents. We sat down…