GEICO reduces workforce by over half while boosting underwriting earnings and expanding operations, reflecting broader insurance industry trends towards AI and digital modernization.
World Insurance Associates LLC acquires Christopher Williams Agency and Barrett Millard LLC, enhancing its insurance services and expanding its presence in the Rochester, NY market.
A Pontiac man pleaded guilty to orchestrating a multi-state unemployment insurance fraud scheme involving over $4 million in Pandemic Unemployment Assistance funds. This case underscores enforcement efforts against fraud impacting state unemployment programs.
A Nigerian man pleaded guilty to charges related to a $10 million COVID-19 unemployment benefits fraud scheme involving multiple states and sophisticated identity theft and cryptocurrency tactics. DOJ enforcement and task force coordination highlight pandemic relief program vulnerabilities.
Grand Rapids sees robust growth in insurance industry jobs and businesses, driven by major employers like Acrisure and Farmers Insurance, with significant downtown corporate relocations enhancing the market.
ReSource Pro partners with Ascend to enhance Direct Bill Complete with AI-driven automation, reducing costs and improving accuracy in insurance commission reconciliation for brokerages.
ReSource Pro integrates Ascend's AI technology to streamline direct bill commission reconciliation, reducing manual work and improving accuracy for insurance brokerages.
A Nigerian national pleaded guilty to a conspiracy that defrauded $10 million in COVID-19 unemployment benefits across multiple US states, involving identity theft and cryptocurrency laundering.
Terrance Calhoun, Jr. pleads guilty to unemployment insurance fraud involving millions across multiple states, highlighting regulatory enforcement challenges in Michigan.
Mohamad Ali Hamade's CentraLife is transforming U.S. life insurance with AI-powered, personalized wealth-building policies tailored to high-income earners and entrepreneurs. Discover how fintech innovation is reshaping the insurance landscape.
