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16 06, 2025

Carrier Management to Host ‘Demo Day’ for Homeowners Insurers June 18

By | June 16th, 2025|Uncategorized|Comments Off on Carrier Management to Host ‘Demo Day’ for Homeowners Insurers June 18

Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The latest online event offers insurance professionals risk assessment, prevention and intelligence …

17 06, 2025

Pie Insurance’s Tech-Driven Approach Led to Early Adoption of AI in Claims

By | June 17th, 2025|Uncategorized|Comments Off on Pie Insurance’s Tech-Driven Approach Led to Early Adoption of AI in Claims

It makes sense that Pie Insurance, which arose amid the explosion insurtechs and fintechs in the businessworld, is embracing the power and promise of artificial intelligence—particularly in its claims operations. The Denver, Colorado-based insurer has made a name for itself …

17 06, 2025

St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado

By | June 17th, 2025|Uncategorized|Comments Off on St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado

St. Louis Mayor Cara Spencer signed an executive order to waive a 25% holdback of insurance payouts for property damage claims related to the May 16 tornado that damaged at least 10,000 properties in the city. The order instructs the …

17 06, 2025

Louisiana Governor Vetoes Bill Limiting Bad Faith Lawsuits Against Insurers

By | June 17th, 2025|Uncategorized|Comments Off on Louisiana Governor Vetoes Bill Limiting Bad Faith Lawsuits Against Insurers

Louisiana Governor Jeff Landry vetoed a bill last week that would have limited bad faith lawsuits against insurers, a move that raised criticism from the insurance industry. SB 111, sponsored by Sen. Alan Seabaugh, R-Many, intended to bring clarity to …

16 06, 2025

Premium Insurance Demand Rises With Global Travel Disruptions

By | June 16th, 2025|Uncategorized|Comments Off on Premium Insurance Demand Rises With Global Travel Disruptions

With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk. Since 2019, travel disruptions …

17 06, 2025

Top Boeing Exec Pope Visits Air India HQ to Discuss Plane Crash, Sources Say

By | June 17th, 2025|Uncategorized|Comments Off on Top Boeing Exec Pope Visits Air India HQ to Discuss Plane Crash, Sources Say

The head of Boeing Commercial Airplanes, Stephanie Pope, met the chairman of Air India on Monday in India, two sources said, as the companies seek to find the cause of last week’s fatal crash involving a Boeing 787 Dreamliner. Pope …

17 06, 2025

APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market, Increase Costs

By | June 17th, 2025|Uncategorized|Comments Off on APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market, Increase Costs

A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new or renewed policy, a bill that the American Property Casualty Insurance Association (APCIA) says would destabilize the state’s market. SB …

17 06, 2025

Israel War Risk Ship Insurance Costs Soar After Iranian Attacks, Sources Say

By | June 17th, 2025|Uncategorized|Comments Off on Israel War Risk Ship Insurance Costs Soar After Iranian Attacks, Sources Say

War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday. The cost of a seven-day …

16 06, 2025

Satanic Temple Accuses Iowa Officials of Religious Discrimination

By | June 16th, 2025|Uncategorized|Comments Off on Satanic Temple Accuses Iowa Officials of Religious Discrimination

The Satanic Temple Iowa on Tuesday filed a complaint accusing state officials of discriminating against the group because of its members’ religion, having denied them access to the state Capitol building for a December holiday display and event. The group’s …

17 06, 2025

California vs. Florida: A Tale of Two Insurance Markets

By | June 17th, 2025|Uncategorized|Comments Off on California vs. Florida: A Tale of Two Insurance Markets

Until recently, homeowners insurers weren’t allowed to use catastrophe models to justify needed rate increases, or to include the cost of reinsurance in their rate indications in the state of California. While that changed late last year when Commissioner Ricardo …