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Markets/Coverages: QBE Automotive Protection Partners With Repair Ventures
QBE Automotive Protection, in partnership with Repair Ventures, has launched a new product for original equipment manufacturers (OEMs) to provide customers with enhanced vehicle protection in the event of a total loss. Vehicle replacement insurance offers drivers a brand-new equivalent …
POSTED DECEMBER 11, 2025 4:23 PM |
Waymo Recalls, Updates Software for Over 3000 Vehicles, US Regulator Says
Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said Dec. 11. The company had recalled certain vehicles with the …
POSTED DECEMBER 11, 2025 4:08 PM |
Florida House Panel Passes Bill Requiring Human Touch on Claims Denials
A Florida House subcommittee this week approved a bill that would mandate human involvement in property insurance claims denials, a sign of the times as insurers employ more artificial intelligence on multiple fronts. House Bill 527 is sponsored by state …
POSTED DECEMBER 11, 2025 4:06 PM |
Grange Insurance’s Carter Joins Board of Nonprofit Invest
InvestSM, an educational nonprofit administered by the Independent Insurance Agents & Brokers of America (Big I) announced that Nicole Carter, vice president of personal lines sales, strategic distribution and agent experience at Grange Insurance, has joined the Invest board of …
POSTED DECEMBER 11, 2025 3:27 PM |
Abbott Presses Congress for Legal Shield Over Preemie Baby Formula Lawsuits
The company that makes one of the two most widely used brands of formula for premature babies is threatening to stop. That is, unless US health officials and Congress help protect it from lawsuits related to infant deaths allegedly tied …
POSTED DECEMBER 11, 2025 3:06 PM |
Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe
A Gadsden County, Florida, jury awarded $779 million, believed to be a record for the county near Tallahassee, to the family of a security guard who was killed at what was called an illegal internet gambling café in 2023. Ben …
POSTED DECEMBER 11, 2025 2:56 PM |
Tricolor Trustee Files Suit in Texas for Auto Dealer’s Collapse
Bankrupt subprime auto dealer Tricolor Holdings is preparing to sue the company’s founder for allegedly masterminding a massive fraud that led to the company’s collapse into bankruptcy, according to a court filing. Daniel Chu is already facing probes by the …
POSTED DECEMBER 11, 2025 2:40 PM |
Louisiana Insurance Commissioner OKs SureChoice, Elevate Homeowners Rate Drops
Louisiana Insurance Commissioner Tim Temple approved SureChoice Underwriters Reciprocal Exchange and Elevate Reciprocal Exchange’s requests for a 7.5% average rate decrease on the carriers’ more than 73,000 homeowners policyholders and 17,000-plus dwelling policyholders. Related: Why Reciprocal Insurance Exchanges Are Back …
POSTED DECEMBER 11, 2025 2:29 PM |
Westfield Specialty to Launch Luxembourg Subsidiary, Expanding Into Company Market
Westfield Specialty International announced its intention to expand its business from a Lloyd’s-only vehicle into the company market. Subject to regulatory approval, Westfield Specialty will launch a Luxembourg subsidiary and use this platform to underwrite risks on company paper alongside …
POSTED DECEMBER 11, 2025 2:27 PM |
Industry Trade Associations Throw More Support Behind FEMA Reform
The American Property Casualty Insurance Association and the National Association of Mutual Insurance Companies were among a handful of organizations to send a letter to federal lawmakers in support of a bill to reform the Federal Emergency Management Agency. In …
POSTED DECEMBER 11, 2025 1:52 PM |
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