Being a loyal customer is usually considered a good thing. Many brands reward loyalty with discounts, perks, or special offers that make you feel valued for sticking around. It’s a relationship built on trust and the idea that long-term customers should benefit from their commitment. But when it comes to car insurance, that loyalty can […]
How Staying With the Same Auto Insurer Can Raise Your Rates Read More »
Key Takeaways A defense tech darling’s stock surged on Monday, Nov. 10, 2025, amid hopes that the government may reopen soon, while comments from President Trump calling for changes to healthcare payments dragged on insurers. Palantir Technologies shares powered higher, as the software firm stands to benefit if the government shutdown comes to an end.
Palantir Pops Amid Hopes of End to Shutdown; Health Insurer Stocks Fall Read More »
New Century Insurance Company, a property and casualty insurer licensed only in Texas, was placed in receivership receivership and ordered into liquidation by the Travis County District Court in Austin on Sept. 3, according to the Texas Department of Insurance. The district court issued an order finding New Century was insolvent, placing it into liquidation,
Texas Insurer New Century Placed in Receivership and Liquidation Read More »
Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurer also closed on a $200 million debt facility, $145 million of which was used to repay an existing debt facility. The debt and equity financings together result in $105 million
Direct Home Insurer Kin Raises $50M in Series E Financing Read More »
The California Insurance Commissioner’s Conservation and Liquidation Office (CLO), as Conservator of California Insurance Company (CIC), is seeking an Independent Consultant to assist the Conservator in performing Section 2.6 and Schedule 2.6 of the Rehabilitation Plan for CIC, a workers’ compensation insurer conserved following its attempted unlawful merger into a New Mexico company. Schedule 2.6
If you’re worried about your health care coverage, you aren’t alone. Health insurers are not only raising premiums, but some are leaving the Affordable Care Act (ACA) marketplace altogether. These departures will drive up costs for Obamacare plans and could leave many Americans without health insurance heading into the 2026 open enrollment season. Here’s what
Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new insurer to enter the Florida residential market since state lawmakers in 2022 and 2023 enacted major reforms that have tamped
Yet Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say Read More »
This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead Transportation & Logistics Insurance broker Aon plc announced a leadership transition within its Commercial Risk business, appointing Phil Smaje as Global Industry