This article is part of a sponsored series by Expert Insured. In insurance, automation has long been viewed as an “either/or” scenario-either a task is handled by AI, or it’s assigned to a BPO team. That’s no longer the case. Today’s most successful MGAs, carriers, and wholesalers are embracing a hybrid model: combining GPT-based automation […]
The New Model for Insurance Process Automation Read More »
Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during the previous year, according to the Association British Insurers. Insurers uncovered at least 98,400 fraud-related claims in 2024, a 12% rise from 88,100 in 2023, said the London-based trade association
Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims Read More »
This article is part of a sponsored series by EZLynx. Independent insurance agents are always searching for smarter ways to serve their clients and run their businesses more efficiently. At this year’s Applied Net conference, attendees couldn’t stop raving about the EZLynx® tools they rely on every day. Whether it was a long-time agency owner
The EZLynx Solutions Insurance Agents Love Most Read More »
Utah-based Trucordia announced it has acquired Charles River Insurance, an independent insurance agency based in Framingham, Massachusetts that serves the greater Boston and central Massachusetts regions. Charles River Insurance provides personal, commercial, life and health insurance. It has a second office in Leominster. Tom Vocatura is Charle River’s president and chief executive officer. Tom Groth
Trucordia Expands in New England With Acquisition of Charles River Insurance Read More »
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Beazley targets $400m premium with new Bermuda platform :: Insurance Day Read More »
In a lawsuit begun more than a decade ago and which led to counter-suits, appeals to the Florida Supreme Court and attention from national tort-reform groups, a Palm Beach County jury has awarded more than $50 million to the former head of Marvel Entertainment and his wife, who said a neighbor and an attorney for
Businessman, Former Federal Insurance Co. Attorney Hit With $50M Florida Verdict Read More »
The message appears to be getting through to consumers: Excessive insurance litigation is not good for insurance costs. According to a new survey from the Independent Insurance Agents & Brokers of America (the Big I), 64.3% of those surveyed are worried that lawsuits increase their premiums, and an even larger majority of consumers think the
Most Consumers Aware and Worried How Litigation Increases Insurance Cost Read More »
Farmers Insurance announced it will eliminate the cap on the number of homeowners insurance policies it offers in California. The move is part of a new filing, and the cap removal is effective immediately, made in anticipation of an improved homeowners insurance market in California, according to the carrier. Farmers homeowners offerings had been capped
Farmers Eliminating Homeowners Insurance Policy Cap in California Read More »
Memphis, TN – Sunstar Insurance Group (“Sunstar”), a leading retail insurance brokerage platform focused on the Midwest and Southeast, announced on November 17, 2025, the appointment of Daniel Romero as its new Chief Acquisition Officer. As part of Sunstar’s executive leadership team, Romero will oversee all merger and acquisition (M&A) initiatives across the Company’s expanding
Sunstar Insurance Group Names Daniel Romero as Chief Acquisition Officer Read More »
Regulatory emphasises governance, transparency, security and non-discrimination Related Stories Three pool claims now top $1bn mark, P&I clubs confirm Daily Digest: Black Sea market holds firm, Fidelis on aviation overcapacity, LMA urges culture shift at Lloyd's London market eyes surge in green premiums
Thailand insurance regulator publishes AI rules Read More »