Florida Insurer to Pay $30M Over Backdated Claims from Hurricane Irma
Universal Property & Casualty Insurance Co. will pay $30 million for improperly backdating claims from Hurricane Irma, raising concerns about insurance practices in Florida.
14% of U.S. Drivers Lack Auto Insurance, Raise Costs for All
Discover the rise in uninsured drivers in the U.S., its impact on auto insurance costs, and how to protect yourself.
American National Halts New Life Insurance Policies to Shift Focus
Texas-based American National will stop writing new life insurance policies to focus on annuities and property insurance.
Leadership Changes at Argo Group After Brookfield's Acquisition
Argo Group announces leadership changes with Jessica Buss departing and Chris Donahue stepping in post-Brookfield acquisition. Financial performance improves significantly.
Federal Judge Denies State Farm's Summary Judgment Request
A federal judge in Florida ruled against State Farm's attempt to avoid liability in a negligence lawsuit, allowing the case to proceed to trial. Key issues involve insurance coverage certification and legal responsibilities.
Senator Paul Calls for Investigation into Medicare Premiums Amid Biden Policies
Senator Rand Paul urges an investigation into the Biden administration's management of Medicare Part D premiums following the Inflation Reduction Act, raising concerns about political implications and financial transparency.