Insurance Data Tracking in Apps Raises Regulatory and Privacy Concerns
Examining concerns over app-based tracking of driving data affecting auto insurance rates, related lawsuits, and emerging U.S. privacy legislation.
Examining concerns over app-based tracking of driving data affecting auto insurance rates, related lawsuits, and emerging U.S. privacy legislation.
The Republican budget bill threatens $13.5 billion in New York healthcare funding, risking coverage for 1.5 million residents and financial strain on hospitals and providers. Key Medicaid and Essential Plan cuts increase uninsured rates and healthcare system challenges.
New Jersey uses $625 million from Horizon Blue Cross Blue Shield's corporate conversion to enhance its budget surplus, illustrating the financial impact of insurer regulatory settlements.
United Automobile Insurance Company (UAIC) leads the U.S. auto insurance market through disciplined underwriting, technological innovation, and customer-centric service. The company's strategic growth and technology investments enhance claims management and accessibility across multiple states.
Third-party litigation funding drives higher premium costs and reduced liability insurance availability, impacting underwriting and claims trends in commercial auto, umbrella, and product liability lines.
Porch Group's Homeowners of America Insurance Company ranked first in Texas and third nationally in direct combined ratio performance in the 2024 AM Best report, demonstrating strong underwriting and loss ratio improvements continuing into 2025.
Motion Specialty has secured approval as a Lloyd's of London coverholder to underwrite specialty insurance products including High Value Homes and Flood coverage, leveraging data-driven underwriting and technology focused on wholesale distribution.
Debunking common hurricane myths critical for insurers and risk managers. Understand storm surge risks, flood insurance needs, and inland weather hazards for better coverage strategies.
Policy unpredictability, rising insurance and tax costs, and trade tensions are slowing the U.S. housing market recovery in 2019, creating cautious consumer behavior and a weak summer buying season outlook.
Chubb Limited appoints Tim Boroughs as Vice Chairman and Chris Hogan as Chief Investment Officer, enhancing leadership in investment management to support global insurance operations.