INSURANCE NEWS
People Moves: CRC Group Names New Team Members in Specialty Division; Howden US Appoints Hanback EVP
CRC Group Names New Team Members in Specialty Division CRC Group, headquartered in Birmingham, Alabama, added three new professionals to its CRC Specialty division. Ryan Degale rejoins CRC Specialty as a broker based in Orlando with the Boca Raton, Florida …
Growth Momentum Continues for Program Business: TMPAA
The program business sector is growing at a rate that outpaces the broader commercial insurance market. Between 2010 and 2020, the program business sector grew from $17.5 billion in commercial insurance revenue to $53.8 billion. In 2024, premium volume climbed …
Waymo to Manually Test Autonomous Vehicles at Newark Airport
Alphabet’s Waymo said on Wednesday it will begin manual testing of its autonomous vehicles at Newark Liberty International Airport, as the firm looks to bring its robotaxis to one of the three main airports serving the New York City area. …
Trucking App Trucker Path Launches Retail Insurance Agency
The company behind a trucking navigation and compliance apps has launched its own insurance agency. Earlier this month, Trucker Path announced the launch of its in-house, digitally enabled retail agency focused exclusively on trucking insurance. Trucker Path Insurance debuted with …
Conservative Activist Sues Google Over AI-Generated Statements
Conservative activist Robby Starbuck sued Google on Wednesday, alleging the tech giant’s artificial intelligence systems generated “outrageously false” information about him. Starbuck said in the lawsuit, filed in Delaware state court, that Google’s AI systems falsely called him a “child …
University of Virginia Strikes Deal to Avoid Trump Investigations, Protect Funding
The University of Virginia has agreed to abide by White House guidance forbidding discrimination in admissions and hiring, becoming the latest campus to strike a deal with the Trump administration as the college tries to pause months of scrutiny by …
Trump Cancels San Francisco Crackdown After Benioff, Huang Calls
President Donald Trump said he’s calling off the deployment of federal troops to San Francisco after speaking to billionaires Marc Benioff and Jensen Huang, as well as the city’s mayor, Daniel Lurie. “Friends of mine who live in the area …
Louisiana Drafting Rules for Up to 30% Premium Discounts for FORTIFIED Homes
The Louisiana Department of Insurance announced it is in the process of drafting new rules on premium discounts for homes that meet some of the toughest wind-resistant construction standards. A statute approved by Louisiana lawmakers in 2023 mandates that homeowner …
TrustedChoice.com Rebrands to Momentum Edge Following June Acquisition
Agency management platform Momentum announced that TrustedChoice.com will now be known as Momentum Edge. Flower Mound, Texas-based Momentum acquired TrustedChoice.com in June. Momentum Edge, part of Momentum AMP (formerly NowCerts), unifies demand generation, referral delivery, CRM, AMS, rating, workflow automation, …
Why Big Oil Is Asking EPA Not to Cut its Polluter Reporting Program
The Environmental Protection Agency says its proposal to stop greenhouse gas reporting for big polluters could save oil and gas companies up to $256 million a year. Some of them are countering that it could hurt their business instead. Companies, …
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto insurance fraud schemes. In a lawsuit filed this month in federal court in Tampa, GEICO charged that AJ Therapy Center …
Big Food Readies New Strategy Against RFK Jr. Push in States
Health Secretary Robert F. Kennedy Jr. has spent months criss-crossing the country, cheering on Republican governors who have signed laws aimed at improving their food supply. Now food and beverage companies including Kraft Heinz Co., Conagra Brands Inc., PepsiCo Inc. …