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insurancebusinessmag.com > us > news > risk-compliance-legal > maryland-court-backs-geicos-30000-cap-in-wrongful-death-case-582340.aspx

Maryland court backs GEICO's $30,000 cap in wrongful death case

11+ hour, 45+ min ago  (271+ words) Maryland's top court has capped GEICO's payout to four adult children over their father's death at $30,000, far below the policy's $300,000 limit. On July 13, 2026, the Supreme Court of Maryland ruled that a household exclusion in a Government Employees Insurance Company (GEICO)…...

Insurance Business
insurancebusinessmag.com > nz > news > breaking-news > insurance-business-names-australia-and-new-zealands-2026-top-insurance-employers-582157.aspx

Insurance Business names Australia and New Zealand’s 2026 Top Insurance Employers

1+ day, 4+ min ago  (270+ words) Insurance Business Insurance Business names Australia and New Zealand’s 2026 Top Insurance Employers Twenty-one organisations earned recognition through anonymous employee satisfaction surveys Insurance Business has released its Top Insurance Employers 2026 special report, recognising 21 insurance organisations across Australia and New Zealand whose…...

Insurance Business
insurancebusinessmag.com > au > news > breaking-news > pplater-premiums-hit-record-high-as-claims-costs-climb-582184.aspx

P-plater premiums hit record high as claims costs climb

1+ day, 27+ min ago  (518+ words) Insurance Business P-plater premiums hit record high as claims costs climb ICA data shows claims costs up 42% since 2019 Motor insurers' claims costs as a proportion of premiums collected rose from 89% in June 2019 to 94% in June 2024, according to the Insurance Council…...

Insurance Business
insurancebusinessmag.com > us > news > risk-compliance-legal > florida-court-limits-guaranty-association-payout-after-insurer-insolvency-582165.aspx

Florida court limits guaranty association payout after insurer insolvency

1+ day, 10+ hour ago  (364+ words) Florida's insurance guaranty fund just drew a hard line on what it owes when an insurer fails - and legal fees didn't make the cut. When an insurer collapses, the Florida Insurance Guaranty Association (FIGA) steps in to cover certain claims…...

Insurance Business
insurancebusinessmag.com > uk > news > mergers-acquisitions > roadzen-acquires-european-car-rental-mga-to-deploy-ai-underwriting-581953.aspx

Roadzen acquires European car rental MGA to deploy AI underwriting

4+ day, 20+ hour ago  (493+ words) The target writes approximately 800,000 policies a year through API integrations built into rental car platforms across multiple European markets. Roadzen has not disclosed its name ahead of closing. It holds regulatory authorisation in both the European Union and the UK,…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > embedded-luxury-carmakers-insurer-partnerships-reshape-motor-distribution-581834.aspx

Embedded luxury: Carmakers' insurer partnerships reshape motor distribution

5+ day, 1+ hour ago  (357+ words) Read next: The man who built a career on small bets is placing a big one on Santa Monica Yet the apparent simplicity masks substantial underwriting challenges. These are not routine motor products. Morgan points to the core complexity: "Developing…...

Insurance Business
insurancebusinessmag.com > us > news > risk-compliance-legal > essentia-wins-appeal-over-antiquecar-uninsured-motorist-coverage-limit-581889.aspx

Essentia wins appeal over antique-car uninsured motorist coverage limit

5+ day, 12+ hour ago  (466+ words) An antique-car policy doesn't have to repeat uninsured motorist coverage the driver already carries elsewhere, a federal appeals court ruled. The Eleventh Circuit reversed a lower court on July 8, 2026, siding with Essentia Insurance Company in an Alabama coverage dispute. It's…...

Insurance Business
insurancebusinessmag.com > au > news > auto-motor > insurers-push-broader-repair-laws-to-curb-motor-claims-costs-581847.aspx

Insurers push broader repair laws to curb motor claims costs

5+ day, 13+ hour ago  (737+ words) Insurance Business Insurers push broader repair laws to curb motor claims costs The industry says parts access, not just repair information, shapes repair costs and premiums Australia’s general insurers have told Treasury that the country’s Right to Repair scheme will…...

Insurance Business
insurancebusinessmag.com > ca > news > auto-motor > ibc-launches-campaign-defending-albertas-carefirst-auto-insurance-reforms-581812.aspx

IBC launches campaign defending Alberta's Care-First auto insurance reforms

6+ day, 1+ hour ago  (714+ words) Insurance Bureau of Canada (IBC) has launched a public awareness campaign warning that opposition to Alberta's Care-First auto insurance reforms could put at risk an estimated $260 in annual savings the provincial government said drivers will see once the new system…...

Insurance Business
insurancebusinessmag.com > uk > news > auto-motor > motor-insurance-prices-rising-again-after-two-years-of-falls-581657.aspx

Motor insurance prices rising again after two years of falls

6+ day, 17+ hour ago  (458+ words) Insurance Business Motor insurance prices rising again after two years of falls Defaqto data shows low-mileage drivers saw the steepest rises as providers diverge sharply on pricing strategy UK motor insurance premiums rose 2.1% in the second quarter of 2026, Defaqto's Market…...