The UK is set to launch a dedicated regime for captive insurance companies, a move that has received broad backing […]
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AM Best Changes Outlook to Negative for Texas-Based Service Insurance Group
AM Best has revised its outlook from stable to negative for Service Insurance Group, which includes Service Lloyds Insurance Company […]
Aflac Faces Class Action Lawsuit Following Major Data Breach Impacting Policyholders
Aflac Inc., the prominent supplemental insurance provider, is now facing a proposed class-action lawsuit in the wake of a significant […]
Lloyd’s Welcomes Removal of Section 899 Tax Provision From U.S. Reconciliation Bill
Lloyd’s has issued a positive statement following the removal of Section 899 from the Republican reconciliation bill, a provision that […]
Illinois Chiropractor Sentenced to Federal Prison for Multi-Million Dollar Healthcare Fraud Scheme
An Illinois chiropractor has been sentenced to 20 months in federal prison and ordered to repay over $2.3 million after […]
Aon Unveils AI-Driven Aon Broker Copilot to Transform Commercial Insurance Placement
Aon plc has officially introduced Aon Broker Copilot, an innovative digital platform powered by artificial intelligence (AI), large language models […]
Erie Insurance Hit with Two Class Action Lawsuits Alleging Data Breach
Erie Insurance is now the target of two separate class action lawsuits following a cybersecurity incident that remains under investigation. […]
Have Complaints Against Florida Insurers Really More Than Doubled in 5 Years?
Consumer dissatisfaction with property and casualty insurance companies in Florida appears to have surged, with complaints more than doubling over […]
AM Best Elevates Credit Ratings for Members of Midwest Insurance Group
June 10, 2025 — AM Best has announced the upgrade of the Financial Strength Rating (FSR) for members of the […]
Former Police Officers Admit Guilt in Auto Insurance Fraud Conspiracy
Two ex-law enforcement officers have pleaded guilty to federal charges tied to an automobile insurance fraud operation, according to U.S. […]
Size of Florida’s Slide Insurance Exec Compensation Has Tongues Wagging
TAMPA, FL – When Slide Insurance filed for its IPO last week, few expected page 132 of the SEC paperwork […]
INSURANCE: DEFINITION, HOW IT WORKS, AND MAIN TYPES OF POLICIES
What Is Insurance? Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement […]