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While Jimmy Patronis and Governor DeSantis trumpet their latest emergency rule as consumer protection following the CBS 60 Minutes Expose noted in CBS 60 Minutes Exposes Alleged InsuranceCompany Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, the reality reveals a different story.
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And I think in some cases, those two worlds don’t necessarily overlap, but I think that the greatest thing to come out of this, beyond individual company adoption of technology, is the fact that technology as a line item is in basically every single insurancecompany on earth now, in a way that it probably wasn’t 10 years ago.
Recent investigative reporting by CBS’s 60 Minutes, noted in CBS 60 Minutes Exposes Alleged InsuranceCompany Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management, has exposed alleged widespread underpayments of claims and unethical claims practices in Florida’s property insuranceindustry.
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Grange InsuranceCompany, headquartered in Columbus, Ohio, named Nicole Carter as vice president, public liability sales and strategic distribution, effective Jan. Carter has nearly 30 years of experience in the insuranceindustry. Before joining Grange, she served as …
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Grange InsuranceCompany announced that Cheryl McRae Lebens has been named the company’s Chief Financial Officer, effective January 1, 2025, following Terri Brown’s planned retirement at the end of the year. Brown’s career in the property and casualty Insuranceindustry …
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Compare quotes available to you from up to 30 insurancecompanies. Several Policy Options and Companies One of Choice Mutual’s strengths is the number of companies it partners with. Other agencies typically have only 1-3 insurancecompanies they can offer you.
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INSURANCE-RELATEDCOURTCASESDigested from case reports published onlineCOURT DECISIONS Barging in In 2014, Swalling Construction Company, Inc., Swalling obtained insurance through Alaska USA Insurance Brokers, LLC, which in turn obtained insurance from Atlantic Specialty InsuranceCompany.
With autonomous vehicles or AVs slowly gaining market share and the technology rapidly advancing, this is becoming an increasingly urgent question for insurancecompanies. Indeed, AV technology could upend the very foundations of the car insuranceindustry. First, some basics.
One critical decision is selecting the right Insurance Marketing Organization (IMO) or Field Marketing Organization (FMO) to partner with. This decision of choosing the top IMO insurancecompany can significantly impact the success track of independent insurance agents and agencies. What constitutes a life insurance IMO?
insurancecompanies use social media for marketing purposes. Enhance Customer Service with AI and Chatbots Artificial Intelligence (AI) and chatbots revolutionize customer service in the insuranceindustry. A report by Juniper Research predicts that chatbots will save the insuranceindustry $1.3
These high ratings represent Best’s assessment of Frankenmuth InsuranceCompany and its property and casualty insurance subsidiaries: Ansur America InsuranceCompany, ASure Worldwide InsuranceCompany, Fortuity InsuranceCompany, and Patriot InsuranceCompany.
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The Westfield Insurance Foundation, an independent private foundation endowed by Westfield, awards the donations to support their top agents’ local communities. said Ed Largent, Westfield president, CEO, board chair and Westfield Insurance Foundation chairman. Today, more than 175 years later, as a leading U.S.-based
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You need to have a thorough understanding of different policy types, such as term life insurance, whole life insurance, and universal life insurance, to effectively advise clients on their options. As a life insurance agent, it's essential to invest in your ongoing education and professional development.
Merck won an appeal against and ultimately settled the coverage dispute with its insurers. Yet this high-profile case illustrates the insuranceindustry’s need to evolve policy language to address contemporary cyber risks, including state-sponsored cyber attacks.
In fact, insurancecompanies with well-structured marketing plans are not only better positioned for growth but also become attractive candidates for future mergers and acquisitions (M&A). Create Educational Content: Publish articles, guides, or videos that answer common insurance questions.
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