Iowa churches are facing a significant insurance crisis due to a surge in weather-related claims. Insurance companies have been forced to raise premiums drastically, with some churches experiencing rate hikes of over 100%.
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Tesla Expands Insurance Business to China
Tesla has officially established an insurance brokerage company in China, a significant move following its initial insurance venture in the United States.
Workforce Insurance Underwriters Launches New Insurance Policy for Mexican B-1 Visa Truck Drivers
Jacksonville, FL – Jul. 31, 2024 – Workforce Insurance Underwriters, LLC, a leading Managing General Underwriter (MGU) specializing in the Owner Operator Truckers and Motor Carriers market, is pleased to announce the launch of a groundbreaking insurance policy specifically designed for Mexican B-1 Visa Truck Drivers operating in the United States. This innovative policy is… Continue reading Workforce Insurance Underwriters Launches New Insurance Policy for Mexican B-1 Visa Truck Drivers
Orion180 Launches Homeowners Insurance Offerings in Ohio
Orion180, a leading innovator in the insurance industry, is excited to announce its continued geographical expansion with its homeowner’s insurance services and coverage offerings into the state of Ohio.
vQuip Expands Beyond Marine Insurance Into Adventure Specialty Programs
North Carolina-based MGA launches expansion plan to meet growing demand in bespoke experience markets with specialty programs and best-in-class loss control technology.
Strategic Insights for Insurers Amid Minnesota Hail Storms
Recent hail storms in Minnesota have caused significant property damage, leading insurers like State Farm and American Family Insurance to reassess their risk models and raise premiums.
Workforce Insurance Underwriters Launches New Insurance Policy for Mexican B-1 Visa Truck Drivers
Jacksonville, FL – Workforce Insurance Underwriters, LLC, a leading Managing General Underwriter (MGU) specializing in the Owner Operator Truckers and Motor Carriers market, is pleased to announce the launch of a groundbreaking insurance policy specifically designed for Mexican B-1 Visa Truck Drivers operating in the United States.
Upstate NY Insurance Company Advises Customers to Switch Carriers
An upstate New York insurance company has informed its customers to find new carriers due to severe financial difficulties. Adirondack Insurance Exchange’s inability to meet financial obligations has prompted this urgent advisory.
Connecticut’s Small Group Insurance Market Faces Critical Challenges
Connecticut’s small group health insurance market is experiencing a severe decline, with several insurers, including Aetna and Cigna, exiting the market. This situation has left the market in a so-called “death spiral.”
Texas Car Insurance Rates Continue to Rise in 2024
Texas drivers face escalating car insurance rates, with premiums rising significantly in 2024. Insurers attribute these increases to higher repair costs, more frequent accidents, and severe weather events.