In the rapidly changing realm of Canadian commercial insurance, a seismic shift is underway as data emerges as the pivotal force reshaping partnerships among managing general agents (MGAs), insurers, and brokers, moving beyond traditional metrics. Once, pricing stood as the primary measure of value
Imagine a system designed to protect accident victims being exploited to the tune of hundreds of thousands of dollars through deceptive practices, and in Florida, a state already grappling with high insurance costs, GEICO has launched a significant lawsuit against a group of medical providers,
Imagine a world where devastating hurricanes, raging wildfires, and unprecedented earthquakes are no longer rare anomalies but frequent threats that challenge the very foundation of risk management. This stark reality is driving the insurance industry to rethink its strategies, particularly in the
Setting the Stage for Innovation in Insurance In the fast-evolving landscape of commercial insurance, the integration of artificial intelligence (AI) is no longer a futuristic vision but a tangible reality reshaping market dynamics. Imagine a scenario where underwriters can assess property risks
Setting the Stage: A Booming Property Insurance Landscape In the bustling heart of Worcester, UK, a regional powerhouse is reshaping the contours of the property insurance sector with remarkable determination. Hazelton Mountford, an independent chartered insurance broker, has embarked on a
What happens when a single fall on a construction site ignites a multimillion-dollar legal firestorm between two insurance giants? In Yonkers, New York, a worker’s injury has spiraled into a federal lawsuit that pits Travelers Casualty Insurance Company of America against Nautilus Insurance
