Fairmatic MGA Rebrands as Leeo, Enhances AI-Driven Commercial Auto Underwriting
Fairmatic MGA rebrands as Leeo, adopting AI-powered telematics to enhance commercial auto underwriting under CEO Jeffrey Chen's leadership.
RepairPal and Chaiz Partner to Enhance Auto Repair and Warranty Transparency
RepairPal and Chaiz join forces to offer a transparent, consumer-friendly platform integrating certified auto repair services with easy-to-compare extended warranty options. This partnership enhances vehicle protection and repair transparency in the U.S. automotive market.
LEEO Launches as Data-Driven MGA in Commercial Auto Insurance
LEEO, formerly Fairmatic, rebrands and launches as a data-driven MGA specializing in commercial auto insurance, leveraging telematics and AI for smarter underwriting and faster quoting.
Calls for Reform in Florida Citizens Forced Arbitration Process
A coalition urges the Florida Insurance Commissioner to reform Florida Citizens Insurance's forced arbitration process due to high policyholder losses and limited relief options after disasters.
U.S. Commercial Insurance Rates Hold Steady at 3.8% Increase in Q3 2025
U.S. commercial insurance rates increased by 3.8% in Q3 2025, showing market stabilization and moderated pricing across key lines including workers compensation, D&O, cyber, and commercial property, according to WTW's CLIPS survey.
Understanding Flood Coverage Exclusions for Foundations Below Basement Level
Explore flood insurance exclusions for foundations below basement or ground level, focusing on coverage limits and common interpretations in commercial property policies.
Canal Insurance Names Matthew Grimm Chief Underwriting Officer to Lead Growth
Canal Insurance Company appoints Matthew Grimm as Chief Underwriting Officer to enhance underwriting leadership and expand its commercial trucking insurance market presence.
Chubb and FedEx Among U.S. Stocks Newly Rated as Overvalued by Morningstar
Morningstar identifies Chubb and FedEx among U.S. stocks newly classified as overvalued, highlighting valuation trends and market implications relevant to insurance professionals.
Sonic Fire Tech Launches Infrasound Wildfire Defense System for Homes
Sonic Fire Tech introduces an infrasound-based residential wildfire defense system in California, offering non-invasive protection against ember ignitions and supporting insurance risk management amid rising wildfire threats.
Florida Homeowner Insurance Crisis Highlights Need for Resilience and Reform
Florida's homeowner insurance market faces rising premiums and policy cancellations amid escalating climate risks. Insurers pull out, prompting calls for resilience-focused reforms and sustainable building practices to stabilize coverage and costs.