Smarter and Faster Underwriting: Tech Revolution in Commercial Auto Insurance

Guest Author
Commercial Auto Insurance underwriting

The insurance industry is long overdue for an overhaul. For years, it has relied on legacy systems that struggle to keep pace with the evolving needs of agents and policyholders. These systems create ongoing challenges such as lengthy underwriting processes, slow quoting, and sometimes outdated risk assessment models. As a result, many independent agents are becoming increasingly frustrated, especially when speed and efficiency are more critical than ever. But with the constant developments in technology, the industry is seeing positive changes that are addressing these challenges. Advances in underwriting technology,…

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Chubb Bails on LNG Project: A Turning Point in Insurance?

Angela Linders
Chubb cancels LNG Project in Louisiana

Chubb Drops Coverage for Controversial LNG Project, Raising Questions About Industry Trends Well, here’s a shakeup. Chubb, one of the world’s largest insurance providers, has decided to stop insuring the Calcasieu Pass LNG terminal in Louisiana. The move has people talking—not just about what it means for the Gulf Coast project, but the bigger picture for the insurance industry itself. Is this the start of something bigger? Maybe. Why’d Chubb Pull Out? Chubb’s decision comes after mounting concerns over methane emissions, community impact, and growing activist pressure. The company recently…

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Earthquake Insurance Isn’t Just for California Anymore

Angela Linders
Earthquake insurance for Missouri

Earthquake Insurance in Missouri: Why People Are Taking Another Look How often do you think about earthquakes in Missouri? For most people, the answer is “not often”—or maybe even never. After all, it’s been more than 100 years since the last major earthquake rocked the New Madrid Seismic Zone. Yet, earthquake insurance is suddenly back in the conversation. Why? Rising risks, skyrocketing premiums, and the sense that you don’t want to be caught unprepared if disaster strikes. Here’s the kicker. The average annual cost of earthquake insurance in Missouri? $569.…

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State Farm and Allstate in the Hot Seat: What Really Happened at the Senate Hearing

Marc
State Farm and Allstate in the Hot Seat

Major Insurers Under Fire at Senate Hearing for Claims Practices It’s not just the smaller, Florida-domiciled insurance companies making headlines these days. Big names like State Farm, Allstate, and others found themselves in the hot seat during a Senate subcommittee hearing. Why? Allegations of altered damage reports, reduced payouts, and practices that some say border on fraud. The hearing on May 13 had it all—drama, political grandstanding, emotional testimonies, and even a rare apology from an industry giant. What’s Really Going On? Adjusters and policyholders didn’t pull any punches. They…

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Understanding the Battle Over Medicaid in the Senate and House

Nordstrom
what are the medicaid cuts mean and when

What Do the Proposed Medicaid Cuts Mean for the US Healthcare System? Medicaid. You’ve likely heard of it, but do you really know how it works? It’s not just a program for low-income families. Medicaid provides a critical safety net for seniors in nursing homes, people with disabilities, pregnant women, and children. It also fills gaps that Medicare cannot cover, like long-term care services in nursing homes. With more than 70 million Americans relying on Medicaid, any changes to the program ripple out, often in unexpected ways. Now, House Republicans…

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Attorneys Are Eyeing a New Niche – Insurance Law Certification

Ben Jones
Insurance Law Certification

A New Legal Specialty on the Horizon? Insurance Coverage Law Could Shake Things Up Ever thought about turning the complexities of insurance into a specialized, prestigious career? The field of insurance law might not sound glamorous at first blush, but an exciting new proposal could change all that. Legal experts are buzzing about a proposed board certification in Insurance Coverage Law, a move that’s set to create waves for attorneys, insurance companies, and everyday consumers alike. The certification is under review by the Bar’s Program Evaluation Committee. Its goal? To…

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Undocumented and Insured? Louisiana’s Controversial Insurance Bill

Logan B.
Louisiana's Controversial Insurance Bill

Louisiana Lawmakers Debate Controversial Insurance Bill What happens when someone who’s undocumented gets into a car accident in Louisiana? It’s already complicated, but House Bill 436 might make it even more so. The bill, sponsored by Rep. Gabe Firment (R-Pollock), aims to prohibit undocumented immigrants from recovering insurance payouts for general damages like pain and suffering. Why? Firment says it’s a way to tackle Louisiana’s auto insurance crisis and discourage undocumented immigration. The bill recently cleared the Senate Committee on Judiciary A with a 4-3 vote, following strict party lines. Now, it’s…

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