Browsing: Business Insurance

A Nevada jury delivered a significant blow to USAA, awarding a policyholder $114 million in a bad faith insurance case related to a 2018 car accident.

WTW’s CLIPS survey reveals a moderation in commercial insurance rate increases during the final quarter of 2024, contrasting with previous quarters.

Rockwood Programs introduces a policy to shield volunteer security personnel at houses of worship from legal risks.

Allianz Trade introduces a new insurance product to help Irish businesses combat the growing threat of fraud.

A recent court decision in Oklahoma highlights the complexities of insurance claims when multiple affiliated companies are involved, with Liberty Mutual and Safeco now defending against a bad faith claim despite successfully dismissing a breach of contract claim.

World Insurance Associates LLC, a Top 50 Insurance Brokerage, announced the acquisition of Archambault Insurance Associates of Putnam, CT, expanding World’s presence in Connecticut.

Proposed legislation in Maryland aims to strengthen consumer protections and data privacy in telematics programs.

Hub International Limited has acquired C&L Marine Insurance, strengthening its marine insurance offerings in Florida. Key industry trends and future growth projections are also covered.

An in-depth look at the insurance agent landscape in the US, including premium earnings, agent distribution, and industry demographics.

Companies in India can expect substantially higher insurance premiums, potentially increasing by 20-70% starting April 1, 2025. This rise is due to increased claims and pressure from reinsurers.