Small Business Liability Insurance
Running a small business is exciting, but it also comes with its fair share of risks. From customer disputes to accidental injuries, entrepreneurs face potential liabilities every day. This is…
Car and Homeowners Insurance
Car and homeowners insurance are essential forms of financial protection that safeguard your most valuable assets—your car and your home. They offer peace of mind by covering potential losses, damages,…
Rising insurance costs, abundance of inventory create a unique market in Southwest Florida
Unlike many other metropolitan areas across the country, the Southwest Florida housing market is relatively full of for-sale inventory. “I think one of the main trends we’re seeing is that…
California hit by another blow to home insurance
California’s home insurance crisis deepens as the largest private insurer, State Farm, announced it will end coverage for 72,000 homeowners starting this summer, the peak of wildfire season. The Illinois-based…
Chinese insurance giant Ping An’s profit falls to 5-year low amid weakness in asset management, technology business
Ping An Insurance (Group), China’s largest insurer by market capitalization, said its 2023 earnings fell to a five-year low as strong sales of new policies were offset by setbacks in…
Here’s how to lower your car insurance premium in 2024
As we’ve seen over the past few years, one of the biggest drivers of inflation has been car insurance – with the cost of car insurance rising by over 20%…
Insurance reforms advance as Pritzker announces trip to California
PETER HANCOCK, JENNIFER FULLER and ALEX ABEDUTO Capitol News Illinois SPRINGFIELD — The proposal by Gov. J. B. Pritzker’s sweeping reforms to the state’s health insurance industry passed a committee…
The insurance agency denies liability for misrepresentations related to the shooting
A Pennsylvania insurance agency is denying allegations that it is responsible for denying a 2023 fire insurance claim by the owners of a Pittsburgh apartment building and voiding the property’s…
Illinois Secretary of State Alexi Giannolia targets car insurance rate discrimination
Finally, someone is hiring the insurance companies. Illinois Secretary of State Alexi Gianolias has drafted a bill that would base car insurance rates on driving records and not socioeconomic factors…
Insurance copilots can assist in underwriting, claims
Underwriters often have hundreds of pages of documents to sort through but probably not for long. Insurance carriers are using generative AI as copilots in back-office operations. Copilots can act…