One of the largest auto insurers in Louisiana is implementing a double-digit rate decrease. Louisiana Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an 11.8% rate decrease, which takes effect Jan. 1, 2026. The …
Louisiana Farm Bureau Approved for Double-Digit Auto Rate Decrease Read More »
Insurance agencies and brokerages are drowning in data. It flows in from clients and prospects, through client servicing teams, and out to carriers, who also send back data for agents and brokers to process. Like many industries, ingesting data efficiently …
Viewpoint: Avoid Data Indigestion With Harmonization Read More »
Brokerage Brown & Brown announced updates to its retail segment leadership team as part of its ongoing integration efforts following the acquisition of Risk Strategies. The leaders from Risk Strategies listed below will join the existing retail segment leadership team …
Brown & Brown Announces Roles Related to Risk Strategies Integration Read More »
If Florida’s insurance market needed more indication that 2022 legislative reforms have made a big difference in the cost of doing business in the state, one of the biggest names in reinsurance has provided it. “Clearly, it is time for …
Florida Reforms Are Truly Making a Difference, Gallagher Re Report Finds Read More »
Georgia’s highest court on Tuesday sided with Black landowners in a fight over zoning changes that weakened long-standing protections for one of the South’s last Gullah-Geechee communities founded by freed slaves. The state Supreme Court unanimously reversed a lower court …
Georgia High Court Sides with Slave Descendants on Island Zoning Changes Read More »
California Insurance Commissioner Ricardo Lara appointed Veronica Saldaña as the newest member of the California Organized Investment Network advisory board and Jason Meyerson to the curriculum board of the California Department of Insurance. COIN was established in 1996 within the …
Protecdiv Promotes DelaCruz to EVP. Head of Analytics Insurance and reinsurance brokerage Protecdiv, headquartered in Philadelphia, Pennsylvania, promoted Cate DelaCruz to executive vice president and head of analytics at Protecdiv. DelaCruz joined Protecdiv as senior director of analytics in May …
People Moves: Protecdiv Promotes DelaCruz to Head of Analytics Read More »
For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more than $75,000 in his insurance …
Agent Allegedly Duped Customer into Agency Investment; Third Time Facing Fraud Charges Read More »
AM Best revised the outlook for Golden Bear Insurance Company from stable to negative, while the ratings agency affirmed the carrier’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent). The ratings reflect Stockton, …
AM Best Revises Outlooks to Negative for Golden Bear Read More »
A former New Jersey insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, of Clementon, has been charged with insurance fraud and …
Former Adjuster Charged With Creating Then Approving $190K in Fake Property Claims Read More »
