DRC announced the roll out of RS X Rating to support Beazley’s digital advancement initiative to move their full enterprise rating to the cloud.
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Jimcor Announces New Hire: Brokerage Specialist for Garage
Jimcor Agency, Inc. announced a new Garage Specialty team with the hire of Janie Spata, Brokerage Specialist: Garage, based in South Carolina.
Silicon Valley Bank’s Former Parent Files for Chapter 11
Silicon Valley Bank’s former parent company filed for Chapter 11 bankruptcy protection on Friday, a week after the U.S. government took over its commercial bank that teetered from a run on deposits.
Senator Schumer Urges Federal Safety Probe into All Major Freight Railroads
U.S. Senate Majority Leader Chuck Schumer has urged a federal investigation into safety practices of all seven major freight railroads.
Fairmatic Raises $46M to Drive AI Innovation in Commercial Auto Insurance
AI-powered commercial auto insurance company Fairmatic today announced it has raised $46 million in new funding
Michigan Bank Holding Company Pleads Guilty in $69M Securities Fraud Case
Financial services firm Sterling Bancorp agreed Wednesday to plead guilty to securities fraud, including a $27.2 million fine, which will go toward paying restitution.
CCC Releases 2023 Crash Course Report, Providing Market Data Impacting the P&C Insurance Economy
CCC Intelligent Solutions Inc. announces today the availability of its annual Crash Course report, which identifies trends impacting the P&C insurance economy.
All Commercial Lines of Business Up YOY: Ivans
Year over year, all lines of business experienced an increase in average premium renewal rate. Business Owners Policy (BOP) and Commercial Property remain the highest premium renewal rate increases year over year.
Why Email Marketing Is Still the Best Way to Network
Email marketing allows you to communicate with your audience directly and personally, build trust and authority, and nurture relationships with prospects and clients.
Florida Lawmakers Looking to Limit Lawsuits
After years of legislation limiting lawsuits against property insurance companies, Gov. Ron DeSantis and Republican leaders are preparing to spread those limits to other lines of insurance, such as automobile, life, liability and health.