Applied announced the launch of a browser-native version of Applied Epic®, the expansion of Epic Quotes to improve commercial quoting, and support for brokers in the benefits market.
Hagerty will join a growing list of other insurance companies that recently went public via special purpose acquisition company (SPAC), including Hippo and Lemonade.
AM Best rating actions for p-c carriers increased in the first half of 2021 with 10 upgrades and nine downgrades in the commercial lines segment and 16 upgrades and six downgrades in the personal lines segment.
The reconciliation package could include up to $1.75 trillion in tax increases that could impact small businesses, including independent agencies that file taxes as a C corporation.
The Big “I” pointed out that the rule directly conflicts with state laws that require rates to be based upon actuarially sound factors predicated on risk.
The acquisition will further enhance the commercial lines connectivity solutions offered by IVANS, a division of Applied Systems.
Last year, the insurance industry witnessed three major InsurTechs go public. This week Hippo joined Lemonade, Metromile and Root on the New York Stock Exchange. Here’s how it’s going.
Supported by the Big “I,” the legislation would eliminate the Federal Insurance Office, an information-gathering body within the U.S. Treasury Department.
The notice to Write-Your-Own insurance companies stated the anticipated quoting and policy issuance for Phase 1 of Risk Rating 2.0 policies will be available starting on Aug. 16.
The legislation clarifies that a flood insurance policy purchased in the private market can count as “continuous coverage” under the terms of the National Flood Insurance Program (NFIP).
