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News
New York says new auto insurance rule could lower costs, but proposal offers no guarantee premiums will fall
1+ day, 1+ hour ago (1175+ words) New York is moving to tighten oversight of automobile insurance rate increases, but the state’s latest affordability initiative stops well short of guaranteeing drivers will actually see lower premiums. Instead, the most immediate change is procedural. Under current rules, insurers…...
Motor insurance claims: what policyholders often get wrong
2+ day, 17+ hour ago (817+ words) New Delhi, Sept. 10 -- A motor insurance policy may look straightforward. Buy third-party cover, add own-damage protection and file a claim when something goes wrong. But claim disputes often arise from details that policyholders overlook-from an expired driving licence to previous…...
Insurance industry is moving towards hyper-personalised products, says Niva Bupa deputy CEO Kharbanda
2+ day, 23+ hour ago (689+ words) India’s insurance industry is moving from broad customer segmentation towards more personalised insurance solutions, with technology and generative AI enabling insurers to tailor products, Niva Bupa Health Insurance executive director and deputy CEO Ankur Kharbanda has said. Speaking during a…...
Pinder Plotkin Legal Team, Baltimore Car Accident Lawyers, Publishes Free Guide on Maryland's Enhanced Underinsured Motorist Coverage | Markets Insider
2+ day, 12+ hour ago (217+ words) Cover image from Pinder Plotkin Legal Team's updated auto insurance guide for Maryland drivers. Among them is a change many Maryland drivers have never been told about. Enhanced Underinsured Motorist coverage now applies by default to policies issued after July…...
4-State Insurance Agency Opens in Downtown Fort Scott
2+ day, 14+ hour ago (234+ words) A new insurance agency has opened a store front in historic downtown Fort Scott. Leah Smith is the owner of the 4 State Insurance Agency, Lisa Schossow is the Senior Agent who oversees the Farm and Ranch Division; Dan Shireman is…...
New York proposes prior approval for all auto insurance rate hikes
2+ day, 13+ hour ago (416+ words) New York regulators have proposed requiring auto insurers to obtain prior approval before implementing any increase in private passenger insurance rates. The New York State Department of Financial Services said the change forms part of auto insurance reforms included in…...
UK commercial insurance adds £29 bn to economy, ABI says
2+ day, 14+ hour ago (816+ words) The UK insurance market contributes around £29 bn annually to the economy and supports more than 300,000 skilled jobs, according to a report from the Association of British Insurers. Around two-thirds of those positions are located outside London, giving the sector a…...
New regulation announced via Governor Hochul aims to lower auto insurance premiums for New Yorkers
2+ day, 15+ hour ago (230+ words) ALBANY- A new regulation announced from the office of New York Governor Kathy Hochul aims to lower auto insurance premiums for state residents. Through the state’s Department of Financial Services, this proposed regulation intends to amend the process for filing…...
Agero partners with MOTER on vehicle claims
2+ day, 16+ hour ago (182+ words) Agero, a provider of digital roadside assistance and accident management services, has partnered with MOTER Technologies (MOTER), an InsurTech company that turns connected vehicle data into risk and claims intelligence, through its recently acquired Urgently platform. MOTER’s technology draws on…...
Agero, Through Its Urgently Acquisition, Partners with MOTER to Advance Connected Vehicle Claims and Digital Driver Assistance - Insurance News
2+ day, 18+ hour ago (69+ words) Key program highlights include: MOTER works with several leading automotive, insurance, and technology organizations to support connected and embedded insurance offerings, including Ride Yellow, Aioi Nissay Dowa Insurance (ADI), Sonatus, Guidewire, and May Mobility. About MOTER Technologies, Inc. Media Contact:…...