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Inflation adjustments have not been made to the pool of funds used to pay agent commissions since 2015.
The latest insurance industry personnel news from WTW, Aon plc, Optio Group and more.
Philanthropic insurance news from IICF.
The RansomHub cybercriminal hacking group followed through on threats to share sensitive records stolen from Change Healthcare, despite the firm allegedly paying a $22 million ransom.
The results underscore the industry's ongoing hard market conditions.
In 2023, the Texas Dept. of Insurance issued Go a cease and desist after receiving over 50 complaints about the company's practices.
Insurance industry news from EMC Insurance, PoloWorks, King Insurance Partners and more featured in weekly update.
The four face up to 10 years in jail if convicted on all charges.
Insurers now issue stricter policy language and insert more sub-limits and exclusions into cyber coverage.
The court found the potential for coverage because the policy applied to two structures on the same undivided parcel.
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