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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).

The Big “I” and other organizations urged the Department of Labor to adopt a staged enforcement policy for new disclosure requirements.

The firms have agreed to terminate their $30 billion deal and end litigation with the U.S. Department of Justice.

The second installment of the Elevate Trilogy took a dive into data-driven marketing, cybersecurity, and tech stacks. Check out the recording of the sessions on demand on the Elevate conference event platform.

The webinars will bring agents the latest information on how and when the new pricing methodology for the National Flood Insurance Program (NFIP) will be implemented.