Virginia’s new law rewrites the rules on underinsured motorist claims

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Virginia’s new law rewrites the rules on underinsured motorist claims & more related News Here

The law introduces a mandatory written settlement and notice requirement. Any agreement between the injured person or personal representative, any insurer providing liability coverage applicable to the claim, and the underinsured motorist described in subsection K must be in writing, signed by both the injured person or personal representative and the underinsured motorist, and must…

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Baldwin Group Launches New Group Captive Azimuth Ray

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Baldwin Group Launches New Group Captive Azimuth Ray & more related News Here

“In today’s highly competitive construction environment, the strongest contractors are those that can most effectively balance growth, risk and profitability with precision and discipline,” said Andy O’Brien, partner at Baldwin Group. “As we move into 2026 and beyond, we anticipate volatility in several key areas of the construction insurance market. By building a peer group…

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InsuranceDekho launches M ESOP liquidity program

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InsuranceDekho launches $2M ESOP liquidity program & more related News Here

Insurtech major InsuranceDekho has launched its first ESOP liquidity program of $2 million. The program allows employees to partially cash out their vested stock options. Approximately 150 current and former employees participated in the program through secondary sales, receiving solid financial benefits while retaining a stake in the company’s future growth. The company plans to…

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Traffic police will resume surprise checking of vehicles

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Traffic police will resume surprise checking of vehicles & more related News Here

Bengaluru/Karnataka: Traffic police checking driving license, vehicle registration card, insurance and helmet as a two-wheeler driver on June 08, 2019. Photo: V Srinivas Murthy/The Hindu The traffic police has decided to resume random checks to recover pending dues of ₹390 crore for traffic violations. Traffic was slowing down due to the surprise check. However, the…

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Revealed – Insurance Business America’s 5-Star Wholesale Brokers and MGAs 2026

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Revealed – Insurance Business America’s 5-Star Wholesale Brokers and MGAs 2026 & more related News Here

Investment emerged as a major factor in broker relationships. Marketing support – which includes education, co-marketing and communications – was identified as the strongest statistical predictor of the overall rating, indicating that manufacturers place weight on wholesalers who help them position, explain and distribute products. Finally, respondents suggested that value is being evaluated more comprehensively…

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