Florida’s legislative reforms to address legal system abuse and claim fraud are stabilizing the state’s property/casualty insurance market, according to a new Issues Brief published by the Insurance Information Institute.
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Florida House Panel Moves Toward Ending No-Fault Auto Insurance
A bill that would end Florida’s no-fault auto insurance system and shift to a fault-based model advanced in the state House this week, drawing both support and criticism from stakeholders across the insurance, medical, and legal fields.
Stability Restored: AM Best Reaffirms Pie Insurance Group’s Credit Ratings Following Strategic Adjustments
After a period of uncertainty, Pie Insurance Group is once again on solid financial ground. AM Best has officially removed the “under review with negative implications” status.
Using Data & AI to Fight Workers’ Compensation Insurance Fraud
A new report from Conning, 2025 Workers’ Comp Study: Using Data & AI to Fight Workers’ Compensation Insurance Fraud, provides an in-depth analysis of the evolving landscape of workers’ compensation insurance fraud.
Progressive Agrees to $14M Settlement Over Disputed Total Loss Vehicle Valuations in New York
Four subsidiaries of Progressive Corp. have agreed to a nearly $14 million class action settlement to resolve allegations that they underpaid New York policyholders on total loss vehicle claims.
New Study “Addressing the Personal Cyber Protection Gap”
As cyber threats continue to evolve and escalate, a new report reveals a troubling disconnect between the growing risks individuals face online and the low adoption of personal cyber insurance
America’s Top Wholesale Brokers and MGAs for 2025
Insurance Business America (IBA) has officially revealed the winners of its 2025 5-Star Wholesale Brokers and MGAs awards, celebrating the firms that stood out in a rapidly growing sector of the insurance industry.
INSTANDA Announces Strategic Partnership with Benekiva to Modernize Life & Health Insurance Claims Processing
INSTANDA, a world-leading policy administration and digital distribution system, has announced a strategic partnership with Benekiva, a leading insurtech dedicated to transforming claims management with speed, intelligence, and compassion.
USG Announces Hire of Cody McStotts in Saint George, UT
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Cody McStotts to their US Satellite team. McStotts has joined as Associate Producer/Broker and will be working under the guidance of Jim Parsons, First Vice President: Regional Manager.
1 in 7 U.S. Homes Are Uninsured, New LendingTree Study Reveals
Millions of American homeowners are living without a safety net. According to a new study by LendingTree, nearly 1 in 7 owner-occupied homes across the United States — an estimated 11.3 million properties — are uninsured.