2026 we have a few more markets available for personal lines which is good news
This year we have a few options when it comes to Personal Lines be it Home or Auto Insurance here in California. Note it will take a few years to get back to we were…
Post By: psil
Commercial Drivers being checked
In California, commercial truck drivers are being checked for their legal status as part of a broader effort to revoke approximately 17,000 commercial driver's licenses issued to immigrants. This action is driven by federal requirements regarding legal…
New Home Insurance Carrier in California
We now have a new carrier writing homeowners insurance in California for places in areas where many homeowner insurance carriers are declining to quote. This is good news so if you need a quote let…
Natural Disasters Caused $313B Economic Loss in 2022 – Aon
Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. Losses from natural catastrophes covered by…
PLUS Panelists: New SEC Disclosure Rules May Drive Up D&O Claims
SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies, panelists said Wednesday…
Has the Re/Insurance Industry Missed a Major North American Risk?
By Tom Johansmeyer and Ted Gregory | June 6, 2022 The United States remains the largest peak peril risk area in the global re/insurance market and accounts for the bulk of the reinsurance that’s traded. Over…
Like Tesla, Toyota Develops Self-Driving Tech With Low-Cost Cameras
By Hyunjoo Jin | April 7, 2022 AN FRANCISCO –– Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc. in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to…
Insurers Report Growing Use of Fraud-Detection Technology, Artificial Intelligence
By Claims Journal staff | January 26, 2022 Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by…
Social Media and Fraud Investigations: Using Social Media to Prove Fraudulent Insurance Claims and Liability Suits
Billions of people are active on social media these days—and they tend to share more, rather than less. This means insurance fraud investigators have a tremendous resource at their disposal when investigating claims—provided they know…
Losing property is hard. Getting a claims payment shouldn’t be.
Few things in life are as stressful for your insureds as a major loss of property. Not only must they deal with the loss itself, but the claims process can be difficult and frustrating. According…
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