The acquisition of Carolina Heritage Insurance by Relation Insurance Services marks a significant development in the insurance industry, promising enhanced resources and improved coverage options for Carolina Heritage clients. This strategic partnership leverages Relation’s extensive national
Palomar Holdings (Nasdaq: PLMR) has posted an impressive financial performance in the second quarter of 2024, showcasing remarkable growth metrics. In tandem with financial success, the company has also announced a strategic acquisition, positioning itself for future expansion. Financial Triumph:
In a significant move aimed at enhancing risk management within the burgeoning offshore renewable energy sector, Verisk Specialty Business Solutions has teamed up with shipping services provider Clarksons. The collaboration has led to the introduction of a new offshore renewable energy module as
In a move that has sent waves through the automotive industry, the Texas Attorney General has filed a consumer privacy lawsuit against General Motors, alleging that the company has been collecting and selling detailed driver data without explicit customer consent. The data in question includes
In today’s digital age, the synergy between regulatory models and cyber insurance plays a crucial role in shaping an organization’s security landscape. The intricate relationship between legislative frameworks and insurance policies not only guides businesses in maintaining robust cybersecurity
The world of annuity sales is undergoing a significant transformation. Where once financial planners and insurance agents dominated the market, a new trend is emerging. A recent study by Nationwide Annuity, which surveyed 300 U.S. clients aged 50-74 who own individual annuities, found a compelling
The insurance industry is undergoing a massive shift thanks to emerging technologies, and artificial intelligence (AI) is at the forefront of this transformation. Simplifai and Stillwater Insurance have recently embarked on a groundbreaking partnership to overhaul the traditional claims process.
In a significant legislative move, Michigan is set to revamp its approach to emergency contraception access, courtesy of Senate bills 669 and 670. These bills propose that Medicare and private health insurers must cover emergency and over-the-counter contraceptives, marking a noteworthy step in
In Michigan, a new push for legislation aims to make emergency and over-the-counter contraception accessible and affordable, promising a significant shift in reproductive healthcare. While the primary focus of these proposals, encapsulated in Senate Bills 669 and 670, addresses the financial
The Irish insurance industry is no stranger to controversy, particularly when it comes to the perennial issue of rising premiums. Recent legislative reforms have aimed to address consumer grievances, but have they truly been effective in reducing costs for policyholders? A recent survey conducted
