Traditionally, underwriting commercial auto risk meant hours spent gathering driver records, vehicle histories, safety scores, and financial statements, often via fax or email. Applications could take days, even weeks, to process. In a market where customers demand instant quotes and rapid bind-to-issuance, legacy processes fall short.
New CEO at NJM Insurance Carol Voorhees (pictured right), currently executive vice president and chief operating officer at NJM Insurance, has been appointed president and CEO. She will succeed Mitch Livingston, who will retire on July 31, 2025, after 19 years with the company. Source link
Speaking on a first-quarter earnings call, Greenberg said the federal government should align its trade, economic, and fiscal priorities. He expressed hope that future trade agreements would ease or remove tariffs, which he said have affected the country’s international standing and increased the risk of an economic downturn. Source link
“Everything we’re about here at CH rests on Four Cornerstones,” says Joe Convertino Jr., President of CH Insurance. “Clients and Carrier Partners can always rest easy knowing we’re in their corner. And these four cornerstones are the foundation for that promise.” Today, CH is excited to share the first of four. Every day, every way,…
GEICO’s accident forgiveness program is marketed as a way to prevent rate increases following a policyholder’s first at-fault accident. The insurer states on its website: “Your insurance rate won’t go up as a result of your first otherwise surchargeable, at-fault accident.” However, the lawsuit argues that the company’s handling of premium adjustments contradicts its marketing…
LIC’s Jeevan Dhara Plan is a robust and flexible retirement solution that caters to a wide range of needs. Whether you’re looking for an enhanced pension, a return of premium, or a combination of both, this plan offers options that can be customized to fit your lifestyle and financial goals. With guaranteed benefits and the…
