By Daniel Ducassi (August 15, 2024, 7:48 PM EDT) — Colorado’s chief U.S. magistrate judge told a room full of attorneys Thursday that insurance cases have started to dominate the court’s dockets, comprising almost half the district’s civil jury trials last year…. Law360 is on it, so you are, too. A Law360 subscription puts you
The Emirati government introduced a new initiative that will assist individuals with applying for health insurance concurrently with their tourist visa. Key Points: The project will be managed by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP). The new policy will allow tourists to obtain health insurance through the ICP online platform
Geocoding lies at the heart of many insurance carriers’ operations and is the foundation of understanding location-based risk. Its use facilitates risk assessment, program development, product development, and underwriting processes. However, the industry has recently noticed several problems stemming from inaccurate or outdated geocoding data. Similarly, while parcel-level, street-level, and ZIP9 geocodes have been the
Safety Insurance Group Inc.’s (NASDAQ:SAFT) Vice President, Chief Financial Officer, and Secretary, Christopher Thomas Whitford, recently sold company shares, according to the latest filings. On August 14, Whitford sold 300 shares of Safety Insurance Group at a price of $79.60 per share, totaling approximately $23,880. The transaction has slightly adjusted Whitford’s holding in the company,
On August 12, 2024, three Congressional Democrats (Casten (D-IL); Waters (D-CA); and Senator Whitehouse (D-RI)) sent a letter to the National Association of Insurance Commissioners (NAIC), inquiring as to “the status of the NAIC’s adoption of the 18 relevant recommendations made by the [Federal Insurance Office] around integrating climate-related financial risks into U.S. insurance supervision
We recently compiled a list of the Car Insurance Rates Skyrocketing: 10 Best Stocks to Buy. In this article, we are going to take a look at where The Allstate Corporation (NYSE:ALL) stands against the other car insurance stocks. Ever since the coronavirus pandemic, a wide variety of industries, ranging from technology to energy and
Credit: MUNGKHOOD STUDIO/Shutterstock. AI-driven automation firm Simplifai has announced its first US-based customer, Stillwater Insurance. Stillwater Insurance, a provider of personal and commercial insurance products in all 50 states, will utilise Simplifai’s Claims Intake Solution to streamline its intake of claims-related emails and attachments. The solution also reduces the need for manual data extraction and
Dublin, Aug. 15, 2024 (GLOBE NEWSWIRE) — The “Digital Insurance Platform – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Digital Insurance Platform is estimated at US$132.9 Billion in 2023 and is projected to reach US$259.3 Billion by 2030, growing at a CAGR of 10.0% from 2023 to
Prime Insurance Company, an excess and surplus lines insurance carrier, has announced the appointment of Peggy E. Day as its Executive Senior Vice President of Operations and Strategic Advisor to the CEO. Day has over three decades of experience in the insurance industry, having previously worked at Distinguished Programs where she played a significant part
Due to the challenges in the California insurance market, the Canyon Lake Property Owners Association (POA) has halted gas and propane sales at Happy Camp. As of midnight tonight, all current insurance policies held by the POA will expire, and the POA is facing significant rate increases due to the impact of California wildfires and