In contrast, credit report data was a rare exception: a complete, ready dataset insurers could obtain almost from the beginning. Brinkman said a new category, in-home Internet of Things sensors that monitor for water leaks or electrical faults, is still in the early, low-sample-size stage and not yet usable at the scale needed to build…
What are CBIZ Benefits and Insurance Services The segment being exited is a significant mid-market operation with a well-established national footprint. According to CBIZ’s segment reporting, CBIZ Benefits and Insurance Services generated revenues of $401 million for full-year 2024, and reported Q2 2026 revenues of $101.9 million, flat year over year, according to CBIZ’s Q2…
Where does the regulatory framework really stand The National Association of Insurance Commissioners (NAIC) adopted a model bulletin on the use of artificial intelligence systems by insurers in December 2023, and about half of the states have since adopted it or issued comparable guidance. It is the most visible reference point for AI governance in…
The UK&I segment was a clear pressure point. Its combined ratio of 112.0% declined 19.1 points year over year, including a 15-point impact from increased catastrophe and major losses. Operating DPW declined 1%, as solid new business and retention were offset by the impact of the combination of the commercial lines portfolio under one brand…
He creates a separate litigation platform. According to the complaint, water agency Santee Cooper is suing Standard Textile Carolina and other entities labeled “Discharger Defendants” over PFAS, sometimes referred to as “Forever Chemicals.” The complaint says Santee Cooper alleges that the company’s facility discharges PFAS-laden wastewater into a public treatment plant that cannot remove the…
What insurers pay, and what impacts that The tax applies to Medi-Cal managed care organizations, including the state’s largest plans: Anthem Blue Cross, Health Net, Molina Healthcare, Kaiser Permanente and LA Care Health Plan, the nation’s largest publicly operated health plan. State finance officials say the increase in estimated costs for a family of four,…
For insurers, the case has served as shorthand for years in a broader argument about verdicts and the cost of litigation. J&J itself has operated largely outside that market: the company stopped purchasing new product liability coverage in 2005 and now relies on self-insurance, including its own captive, Middlesex Assurance. A separate coverage dispute in…
An exclusive background built into MGA and global carriers LoPiccolo joins TMH from Octave Partners, the acquisitions division of Octave Specialty Group, formerly Ambac Financial Group, before rebranding into a dedicated Specialty MGA platform in 2025. The rebrand followed the sale of Ambac’s legacy financial guaranty business – the bond-insurance activity that had defined the…
why the deep beat is shallow For most AI vendors, this work is done at a surface level, but at Coverflow we pay attention to specific details. We believe the wrong questions are being asked in most conversations in AI. It’s not just about why a single workflow is slow – uploading the same document…
During the quarter, Universal repurchased approximately 122,000 shares for $4.5 million, completed $11.39 million of share repurchases under its January 2026 buyback program, and left approximately $8.6 million under its buyback authorization. The board declared a quarterly dividend of $0.16 per share, payable on August 7 to shareholders of record through July 31. As with…
