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Latest Articles
GEICO alleges nine firms ran $3.3M "quick hit" No-Fault scheme
5+ hour, 10+ min ago (287+ words) GEICO alleges nine New York medical supply firms operated as one fraudulent scheme, billing it $3.3 million for equipment it says patients never needed. The insurer set out that claim in a complaint filed on July 21, 2026, in the US District Court…...
Insurance Agency Acquisitions Dip in First Half
4+ hour, 46+ min ago (449+ words) Wednesday, 22 July 2026 10:18 AM Deals for insurance firms in US and Canada decline 15%, OPTIS Partners reports, but valuations stay high for best agencies MINNEAPOLIS, MN / ACCESS Newswire / July 22, 2026 / The pace of M&A activity slowed significantly in the first half of…...
Root Launches Behavior-Based Car Insurance in New Jersey, Expanding Footprint to 37 States
2+ hour, 16+ min ago (88+ words) Insurance Nerds Root Introduces Behavior-Based Car Insurance in New Jersey Root, a prominent insurtech company, has announced the launch of its behavior-based car insurance in New Jersey. This development brings Root's mobile-first experience and data-driven pricing options to drivers in…...
Vehicles remain the "engine" of the insurance market - AMF: Compulsory insurance continues to lead, while life insurance maintains positive rates
10+ hour, 4+ min ago (197+ words) Within this segment, compulsory MTPL insurance for vehicles remains the most important product, accounting for over half of the entire insurance market. Meanwhile, Casco insurance also continued to expand, with an increase of over 5% in written premiums. In contrast, fire…...
Extension Cord Cut Short: Court Rejects Insurer’s Attempted Coverage Workaround of Exclusion by Extension
4+ hour, 6+ min ago (305+ words) The dispute arose from an Indiana company’s sale of “Ethanol Extraction,” which was labeled as 190-proof grain alcohol consisting of 95 percent ethanol and 5 percent water. The product, however, contained more than 40 percent methanol. Consumers purchased and ingested the product, resulting…...
Car insurance rates by county: The $3,805 gap that decides your premium
2+ hour ago (1745+ words) Where you live matters as much as how you drive when it comes to car insurance. CarInsurance.com's analysis of full-coverage rates across more than 3,000 U.S. counties found a $3,805 annual gap between the most and least expensive counties in the country....
How much can a crash raise car insurance in California? Here’s what drivers pay
3+ hour, 10+ min ago (702+ words) Getting into a car accident could cost you more than just repairs. Depending on who’s at fault and the severity of the crash, your car insurance could increase the next time your policy renews. According to the California Department of…...
Allianz UK launches new fleet product for Northern Ireland brokers
6+ hour, 10+ min ago (298+ words) ‘Launching [the product] in Northern Ireland is an important step in broadening the support we offer to brokers in the region,’ says director Allianz UK has expanded its digital trading proposition by launching its Complete Mini Fleet product for brokers…...
Florida's Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show
4+ hour, 14+ min ago (335+ words) At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement for reforming the state’s insurance claims litigation statutes: Floridians had produced about 9% of all homeowners’ claims in the U.S. in…...
Wales Car Insurance Prices Increase by 4% in Three Months
5+ hour, 49+ min ago (781+ words) Drivers in Wales could soon see their car insurance cost start to increase as new data shows prices have started to rise in recent months. The average cost of car insurance in the region is now £552, which is £19 – 4% – more expensive…...