Insurance Tips and Guides

Italy’s No. 2 Insurer Unipol Aims to Boost Bank Distribution Channel

Unipol, Italy’s second-largest insurance company, is making a big move to strengthen its presence in the banking sector. The company is ramping up efforts to distribute insurance products through banks, a strategy that could reshape how Italians buy coverage. Why Is Unipol Doing This? Insurance companies have long relied on agents and brokers to sell […]

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Consumer Watchdog Seeks to Vacate Discrimination Case it Already Won

In a strange legal twist, a major consumer protection group is trying to overturn a discrimination case that it already won. Yes, you read that right. The Consumer Financial Protection Bureau (CFPB) is asking a court to vacate a ruling that found a financial institution guilty of discrimination. At first glance, this might sound absurd.

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NHTSA Probes More Than 2 Million Hondas Over Engine Restarting Concerns

If you own a Honda, you might want to pay attention to this. The National Highway Traffic Safety Administration (NHTSA) is looking into complaints about certain Honda models that struggle to restart after coming to a stop. This investigation affects more than 2 million vehicles, and while there hasn’t been a recall yet, it’s a

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Fla. House Subcommittees Vote to Repeal PIP Law, Pass Two Other Insurance Bills

Big changes could be coming to Florida’s insurance laws. On Thursday, state House subcommittees voted on several bills that could shake up the industry, including the long-debated repeal of Florida’s personal injury protection (PIP) auto insurance requirement. PIP Repeal Gains Momentum One subcommittee voted to repeal the state’s PIP law, which has been in place

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California Agency Issues Guidelines for Healthcare Providers Affected by LA Wildfires

The devastating wildfires in Los Angeles have put a serious strain on healthcare providers, making it harder for them to serve their communities. In response, the California Department of Managed Health Care (DMHC) has issued new guidelines aimed at giving doctors, hospitals, and other medical professionals more flexibility during this crisis. What the Guidelines Mean

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People Moves: Everest Re Taps Haines From Carpenter as Global Head of Engineering; MGA Aqueous Promotes Dorrell to New Role as Head of P/C

Big changes are happening in the insurance world, with two major companies making notable leadership moves. Everest Re has brought in a new Global Head of Engineering, while Aqueous Underwriting has promoted from within to fill a key role. Here’s what you need to know. Everest Re Welcomes Haines as Global Head of Engineering Everest

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AM Best Revises Outlooks to Stable for Members of ISMIE

Good news for ISMIE Mutual Insurance Company and ISMIE Indemnity Company—AM Best has revised their outlook from negative to stable. The rating agency also reaffirmed their Financial Strength Rating of A- (Excellent) and their Long-Term Issuer Credit Rating of “a-” (Excellent). Why This Matters If you’re insured by ISMIE, this update is a reassuring sign.

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State Farm Insurance Agents Can Now Offer Personal Loans

If you’re a State Farm customer, there’s a new way to access personal loans—right through your insurance agent. Thanks to an expanded partnership between State Farm and U.S. Bank, agents can now help customers apply for personal loans of up to $50,000. What This Means for You Instead of searching for a lender on your

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Eight Corvettes Stolen from Kentucky Plant But Found Later, Some with Minor Damage

It’s not every day that a group of car thieves makes off with a fleet of brand-new Corvettes, but that’s exactly what happened in Kentucky recently. In a daring overnight heist, eight Corvettes were stolen from the lot of the Bowling Green Assembly Plant, the birthplace of Chevy’s legendary muscle car. Luckily, the story has

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Sompo Granted Licenses to Write Primary Insurance in Belgium and the Netherlands

Sompo, the global property and casualty re/insurer, announced it has been granted licenses by the regulatory authorities to write primary insurance in Belgium and the Netherlands. Sompo said the development extends its commercial P/C insurance capabilities and product offerings in …

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