"The fact that the loss ratios are so low means that the insurance industry is charging too much," said Brian Shearer, director of competition and regulatory policy at the Vanderbilt University think tank.
Corgi seeks to modernize insurance for tech companies and other businesses by heavily cutting customer costs. It is equipped with an army of AI tools and a staff of 90 employees, far fewer than the 'middlemen,' as Laqua calls them, who take a cut of every insurance bill.
"We always recommend that clients photograph their luggage before a trip, including the exterior of the bag, the luggage tag, and the contents inside," Rob Merlin, a travel advisor at SmartFlyer, stated. This practice not only aids in identification but also provides peace of mind and serves as evidence for insurance purposes in case of loss or damage.
I never imagined I would be writing something like this. My husband, Mike, was recently laid off along with over a thousand others at Epic Games. What makes this different for our family is that Mike is currently fighting terminal brain cancer. Because of the layoff, we didn't just lose income we lost his life insurance.
FutureBrand has led a comprehensive rebrand of New York Life, marking 175 years of the insurance company's history with a renewed visual and conceptual direction. The updated identity is built around the idea of the 'Window of Opportunity,' a unifying concept that reframes the brand as a guide through moments of change rather than a static financial institution. With more than a century and a half of heritage, New York Life holds a longstanding position within the American insurance sector.
Plenty of jobs still require a desk, a badge, and a commute, but not all of them. Fully remote careers are picking up speed in places that used to expect face time, literally. A new FlexJobs report tracked where remote postings increased most during 2025. The list brings some surprises, along with a few steady risers now going full remote more than ever before.
A lack of insurance coverage in Southeast Asia threatens an increasingly important hub for supply chains, as the region is battered by tropical storms, major flooding, and other natural disasters. Total losses from natural disasters across Asia-Pacific last year totaled $73 billion, yet just $9 billion was insured, according to Germany reinsurance company Munich Re. That makes Asia one of the world's least insured regions against natural disasters.
The Treasury will insure the 70-metre embroidered cloth, which depicts the 1066 Norman invasion and Battle of Hastings, for damage or loss during its transfer from France and while it is on display at the British Museum from September. It will back the cover under the Government Indemnity Scheme, an alternative to commercial insurance that allows art and cultural objects to be shown in the UK.
Reinvention is always bracing. My old life was spent wrestling airlines, insurance firms and energy providers intent on plundering readers' piggy banks. My new life? Wrestling airlines, insurance firms and energy providers intent on plundering readers' piggy banks. It is a comfort in this era of seismic shifts to know some things remain constant. You can bank on energy firms to chill your marrow with billing psychodramas and phantom accounts.
Erie Indemnity paid $5.46 per share in dividends over the trailing twelve months against earnings of $12.39 per share. That's a 44% earnings payout ratio, well below the 60% threshold I consider healthy. In Q3, the company paid $63.6 million in dividends against net income of $183 million, a 35% payout ratio. The free cash flow picture is equally solid. In 2024, Erie generated $611.3 million in operating cash flow and spent $124.8 million on capex, leaving $486.4 million in free cash flow.
If you own a Brooklyn brownstone or multi-family building, you've surely noticed a troubling trend: Insurance rates have climbed more than 20 percent annually in recent years. Each time a policy comes up for renewal, property owners face steeper premiums-and 2026 shows no signs of reversing this pattern. The true cost of rising rates Consider this scenario: A brownstone policy costing $10,000 today could jump to $12,000 at renewal. Over three years, these increases compound significantly, adding thousands to your insurance costs. For multi-family property owners, these increases directly impact their bottom line and can force difficult decisions about rent increases or deferred maintenance.
There are certain aspects of life it pays to hire a professional for. You could try to tackle a plumbing issue on your own, for example, like a busted faucet or leaky pipe. But if you're not sure what you're doing, there's a pretty big risk in going it alone. You could cause your house to flood or make the situation worse. So it pays to bring in someone who's licensed and skilled.
The US insurance industry faces a compounding crisis: the Bureau of Labor Statistics projects nearly 400,000 workers will leave through attrition by 2026, while claim volumes continue rising and operational complexity deepens. This staffing shortage hits third-party administrators particularly hard, as TPAs depend entirely on adjuster capacity to process claims, coordinate repairs, and manage the full lifecycle from intake to resolution.
Tesla Full Self-Driving just got an insurance offer from Lemonade Co-founder and President Shai Wininger that might be too good to pass up, as he wants to insure vehicles on FSD for "almost free." Traditionally, Tesla vehicles are slightly more expensive to insure with traditional companies because of higher repair costs that stem from their technology and state-of-the-art structural battery design.
BofA Securities is the investment banking and capital markets division of Bank of America, one of the largest financial institutions in the United States. The division provides a comprehensive range of services, including equity and debt underwriting, mergers and acquisitions advisory, sales and trading, research, and capital markets solutions to corporate, institutional, and government clients worldwide. As a major player on Wall Street, Bank of America Securities competes with other bulge-bracket investment banks and maintains a significant market share across various financial services sectors.
If you own a car, there's a good chance it's recording data about you every single time you get behind the wheel - and selling it to companies for their own profit. But what information, exactly, are automakers harvesting about U.S. motorists, and how could it amplify the
CVS told KQED that "Our understanding is that the COVID-19 vaccine is covered by most insurance plans at no cost for eligible patients," but that patients should still "check with their insurer to determine whether the updated COVID-19 vaccine is covered by their individual health plan." Blue Shield and United Healthcare did not respond to KQED's request for confirmation that they will indeed cover the shots for eligible patients before the CDC's recommendation is released.
