Rating Firm Postpones Ratings for 17 Carriers After Backlash The property insurance community has divided into two camps after the firestorm that erupted over the potential financial rating downgrades for 17 Florida insurance carriers. One camp argues that the Demotech …
Wisconsin companies will pay 8.47% less in worker’s compensation insurance rates starting Oct. 1, the Wisconsin Department of Workforce Development reported. The lower rates reportedly reflect continued worker safety improvements by employers in Wisconsin, which has a record number of …
New York State is beginning a $30 million shared services program designed to assist counties with cybersecurity for government systems across the state, including tools to protect against ransomware attacks. In the initial part of the program, New York’s counties …
The Michigan Department of Insurance and Financial Services issued a cease and desist order against Salvasen Health for allegedly acting in violation of the Michigan Insurance Code. Salvasen Health is accused of selling health insurance policies to more than 2,000 …
Online marketplace Amazon can be sued under New Jersey product liability law for defective products sold by third-party sellers on its website. The federal district court in New Jersey sided with the New Jersey Manufacturers Insurance Group in its representing …
Workers’ compensation claim frequency among California’s private self-insured employers last year hit the highest level since 2007 as both medical-only and indemnity claim volume rose, according to a California Workers’ Compensation Institute review of initial data from the state Office …
The plaintiffs’ lawyer that Florida insurers love to hate could see his two-year suspension completed soon. But allegations by the state Bar could result in new sanctions or further suspension. A 25-page complaint charges that Miami attorney Scot Strems and …
A majority of independent insurance agents (53%) are expecting a significant increase in online commercial insurance buyers over the next three years, according to a survey from Semsee, a platform for small-commercial quoting, and TrustedChoice.com, a digital marketing platform for …
Cover Genius, the insurtech for embedded insurance, said it has acquired Booking Protect, a specialist in embedded ticket protection for ticket sellers, platforms and live event companies such as SeatGeek, Spectrix, AudienceView, and Night Out in the US, Zaiko in …
Hippo Holdings Inc. announced that it intends to file a proxy statement with the Securities and Exchange Commission that includes a proposal for a reverse stock split. This move comes in connection with a special meeting of stockholders to be …
