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The Texas Department of Insurance (TDI) said it has issued a data call to Insurancecompanies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulletin that HelpInsure is a …
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The Florida House Insurance and Banking Subcommittee was obviously upset with rising insurance rates and poor claims handling, as noted inParticipate In Your DemocracyEven If You Are Called a Bazooka. I was always told that an honest person has nothing to hide.
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For decades, Taiwan’s life insurancecompanies boasted of above-average returns from their heavy investment in US bonds. Unlike insurers in other countries like Japan where diversification … That reliance is now a major risk threatening more than $700 billion of assets.
Westfield InsuranceCompany 1 shows how even well-intentioned policyholders can lose a flood insurance claim before their lawsuit ever begins. A recent court decision in Sublett v. This case is not just about a technical legal loss.
We've found the best homeowners insurancecompanies for current month and current year. Get quotes on your home in 60 seconds, and get approved in minutes.
How was this insurancecompany called Metlife built? Is Metlife Inc actually a billion-dollar insurancecompany? Find out in this article The post How This Billion-Dollar InsuranceCompany Called Metlife Inc Was Built appeared first on My Top Insurance Blogs.
After receiving multiple inquiries about the use of aerial images in property insurance nonrenewals, West Virginia’s insurance commissioner has posted guidelines for insurers’ use of the technology. In a bulletin this month, Commissioner Allan McVey reminded insurancecompanies that aerial …
A new bill filed in the Florida Senate by Don Gaetz is making waves by proposing that insurancecompanies disclose the financial relationships of their executives and related entities. It also demands transparency … The post Why Shouldn’t Insurance Executives Disclose Their Pay?
Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurancecompanies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?
Westfield InsuranceCompany 1 shows how even well-intentioned policyholders can lose a flood insurance claim before their lawsuit ever begins. A recent court decision in Sublett v. This case is not just about a technical legal loss.
Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” ” Weeks after a U.S. Senate committee released a study and held a hearing on the affect of climate change …
In a shocking exposé aired last night on CBS’s 60 Minutes, allegations of widespread insurance fraud by insurancecompanies following Hurricane Ian were exposed.
A new bill filed in the Florida Senate by Don Gaetz is making waves by proposing that insurancecompanies disclose the financial relationships of their executives and related entities. It also demands transparency … The post Why Shouldn’t Insurance Executives Disclose Their Pay?
Insurancecompanies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook for billions in payouts. The verdict comes …
Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who then sold the data to insurancecompanies. The lawsuit alleges …
Two decades after its subsidiaries were deemed insolvent and 155 years after it was founded, one of the oldest insurancecompanies in the South has officially gone out of business. Seibels Bruce & Company’s 128,000-square-foot office building in Columbia, South …
Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurancecompanies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest InsuranceCompany (Springfield, Illinois), West River InsuranceCompany (Sioux Falls, …
In todays digital world, more people are looking for simple, affordable, and trustworthy insurance without the need to visit a local office. One insurancecompany in Germany that frequently pops up in these conversations is CosmosDirekt. But how good is this company, really? appeared first on My Top Insurance Blogs.
KBRA downgraded the insurance financial strength ratings (IFSR) of Oregon Mutual Insurance Co. and its wholly owned subsidiary, Western Protectors Insurance Co. to BBB+ from A-. The outlooks for both ratings remain negative. The downgrades reflect the continued deterioration in …
ORANGE, CA, November 6, 2024 – CITA Insurance Services and Ascot InsuranceCompany (Ascot) have partnered to deliver a new real estate agents and brokers error & omissions (E&O) program nationwide. This admitted insurance product was designed to provide professional …
Thats the reality policyholders face when insurancecompanies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v.
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A recent federal court decision favoring Liberty Mutual InsuranceCompany in a pipe burst claim1 left me thinking about two lessons. First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly.
As a professional insurance agent with over 10 years of experience in Germany, I’ve worked closely with many reputable providers. Known as a global leader in reinsurance, German based Munich Re has played a pivotal role in shaping the global insurance industry. One that consistently stands out is Munich Re.
A coalition of pension funds and insurancecompanies holding a combined $9.5 trillion of assets has called on investors to ensure their portfolios aren’t supporting or enabling deforestation. The Net-Zero Asset Owner Alliance, whose signatories include Allianz SE and the …
Philadelphia InsuranceCompanies said it has been able to restore limited network access as it continues to deal with a network outage that has affected operations since June 9. “Employees across the country are beginning to regain access to key …
Thats the reality policyholders face when insurancecompanies delay or wrongfully deny claims, only to make a late payment after an appraisal and walk away without any real accountability. Last weeks decision in Mirelez v.
The recent filing of two sweeping antitrust lawsuits in California against a long list of most of the admitted California insurancecompanies has generated immediate attention within the insurance industry.
These are some of … The post State Farm Water Damage Protocols and InsuranceCompany Expert Witnesses appeared first on Property Insurance Coverage Law Blog.
Insurance tech company Slide is aiming for a valuation of up to $2.12 initial public offering, joining a lineup of insurancecompanies that have made impressive stock market debuts in recent weeks. billion in its U.S. Slide’s roadshow launch follows …
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Wright National Flood InsuranceCompany 1 highlights a harsh reality for policyholders seeking to recover under the National Flood Insurance Program (NFIP).Strict Wright National Flood InsuranceCompany 1 highlights a harsh reality for policyholders seeking to recover under the National Flood Insurance Program (NFIP).Strict
AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Ratings to “bb-” (Fair) from “bbb” (Good) of Oregon Mutual InsuranceCompany and Western Protectors InsuranceCompany, which are domiciled in …
As someone who has spent more than a decade helping individuals and businesses understand the insurance sector in Germany, I can confidently say that Hamburg is a true powerhouse in the industry.
A recent federal court decision favoring Liberty Mutual InsuranceCompany in a pipe burst claim1 left me thinking about two lessons. First, this case strongly reminds policyholders to be aware of time limits in their insurance policies and take action as soon as they believe their claim is not being handled fairly.
MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurancecompany subsidiaries Mitsui Sumitomo Insurance Co. and Aioi Nissay Dowa Insurance Co. The aim of the merger is to build a more robust …
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Ategrity Specialty InsuranceCompany Holdings announced today the pricing of its expected initial public offering (IPO)of 6,666,667 shares of common stock at a public offering price of $17.00 The aggregate gross proceeds to the company from the offering …
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California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurancecompanies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, Borel and Gold Complex fires. The moratorium shields those living within the perimeters or …
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