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Insurers Under Allstate Group File Louisiana Rate Decreases for Personal Auto

Article 0 Comments Louisiana Insurance Commissioner Tim Temple announced this week that two insurers under the Allstate group have filed rate decrease for some personal auto policyholders. Temple has finalized the rate changes, the Louisiana Department of Insurance said. Imperial Fire & Casualty Insurance Company filed a 6% decrease on its Value Product, which has over 41,000 Louisiana policies and typically covers higher‑risk consumers by providing insurance options that meet state‑required minimum liability limits. IFAC also filed for a 2.9% decrease on its Mid-Market Product, which has over 32,000 PPA policies in effect and typically covers consumers who need liability limits above the state minimum Allstate North American Insurance Company’s rate change was for a 7.5% decrease affecting the company’s over 17,000 policies in Louisiana. Temple previously finalized ANAIC’s request for a 7.6% decrease in late 2025, bringing the company’s total rate change to an over 15% decrease since November of last year. “This is another positive development for Louisiana drivers, but our work is far from over,” said Temple in a statement. “We must continue strengthening our regulatory and legal framework so more drivers can experience the benefits of our reform efforts, and I encourage all Louisiana drivers to...

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Tornadoes Level Homes in Illinois and Indiana

Article 0 Comments Major storms that whipped up tornadoes in parts of Illinois and Indiana on Tuesday leveled homes, downed trees and power lines, and overwhelmed a 911 center south of Chicago with emergency calls, according to officials. “Please do not come here. Do not try to help right now,” Newton County Sheriff Shannon Cothran said in a video update in front of what looked to be a destroyed home in the small northwestern Indiana community of Lake Village. Multiple homes in the community were destroyed in an apparent tornado, and Indiana State Police Cpl. Eric Rot said people had been injured. He wasn’t able to provide an exact number or their conditions. Severe storms dumping rain and hail in parts of the Midwest were threatening to bring intense tornadoes, damaging winds and very large hail from the southern Plains to the southern Great Lakes, according to the National Weather Service. States from Oklahoma to Michigan were under tornado watches. Several tornadoes formed across northeastern Illinois and northwestern Indiana, but the exact number won’t be available until officials conduct damage surveys, said Andrew Lyons, a meteorologist with the weather service Storm Prediction Center. He described this as a fairly typical...

IBAC Introduces CAIB New Edition 1.0 to Modernize Insurance Broker Education 0

IBAC Introduces CAIB New Edition 1.0 to Modernize Insurance Broker Education

Toronto, ON (Feb. 18, 2026) – The Insurance Brokers Association of Canada (IBAC) is proud to announce the official launch of the new and improved Canadian Accredited Insurance Broker (CAIB) program. CAIB has been at the forefront of broker education for over 40 years. The CAIB designation is a distinguished nationally recognized credential that signifies a broker with the in-depth knowledge and expertise to serve Canadians with professionalism and integrity. CAIB New Edition 1.0 builds on this strong reputation, elevating broker education, with new and up to date content that is relevant, practical, and aligned with the real-life situations brokers face with their clients every day. A learner-centred approach and flexible formats give students choice in their learning experience. State-of-the-art instructional design and interactive features increase engagement and significantly improve how knowledge is retained and applied. It’s education by brokers, for brokers, that meets the needs of the modern student in the digital age. “Today’s insurance broker is tech savvy and continuously on the go, so we’re meeting them where they are – and that’s online,” said Peter Braid, IBAC CEO. “IBAC is committed to providing excellent educational programming that will generate confident, competent brokers who are equipped to provide...

Weave Unveils RPA-Powered Insurance Eligibility, Dramatically Improving Dental Verification Rates and Practice Reimbursement Accuracy 0

Weave Unveils RPA-Powered Insurance Eligibility, Dramatically Improving Dental Verification Rates and Practice Reimbursement Accuracy

Weave’s New Insurance Eligibility Solution Increases Dental Verification to 90% Average Lehi, UT (Feb. 18, 2026) – Weave, a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, is pleased to announce Weave Insurance Eligibility (WIE). This advanced solution provides dental practices with some of the most accurate, comprehensive, and instantly accessible insurance data in the industry. While traditional Electronic Data Interchange (EDI) clearinghouses provide a foundation of data, they often leave critical gaps. By integrating Robotic Process Automation (RPA) technology, Weave customers can automatically retrieve real-time data from insurance portals, eliminating a well-known pain point that currently consumes hours of front-office time. “At Vero Dental, we invest in the latest clinical technology, and it is vital that our administrative experience matches the world-class care our patients expect from our doctors,” said Heather Buckson, Office Manager at Vero Dental. “Weave Insurance Eligibility has been transformative, reclaiming critical time for my team to focus on meaningful patient interactions while significantly increasing our reimbursement accuracy and office throughput.” Driving Operational Efficiency and Practice Growth The introduction of RPA-driven eligibility allows dental practices to move away from administrative bottlenecks and toward patient-centric care: Optimized Reimbursements: By providing more...

Ultrassure Selected by Millennium Insurance to Deploy Contract Intelligence AI for Insurance Operations 0

Ultrassure Selected by Millennium Insurance to Deploy Contract Intelligence AI for Insurance Operations

Insurer deploys Ultrassure’s platform to transform unstructured policy, program and treaty language into structured, queryable data, strengthening contract governance, compliance, and operational efficiency Toronto, ON (Feb. 18, 2026) – Ultrassure is pleased to announce that it has been selected by Millennium Insurance to deploy its contract intelligence platform across the insurer’s operations. The engagement introduces AI-supported tools into core workflows, helping underwriting, claims, and legal teams navigate complex agreements with greater precision, consistency, and speed. Through this collaboration, Ultrassure is working with Millennium to modernize how contract data is managed and accessed. The platform enables teams to query policies and key partner contracts as structured data, supporting decision-making with a more unified and traceable view of obligations, exclusions, and coverage terms. The deployment spans Millennium’s diverse book of business and is designed to integrate directly into existing workflows. By improving how policy and contract language is tracked and surfaced, the collaboration aims to strengthen operational efficiency while reinforcing the audit trails important to Millennium’s internal governance standards. “In today’s market, having timely access to the intelligence within our contracts is critical,” said Hafeez Kassam, President at Millennium Insurance. “We chose Ultrassure because we see a real opportunity to validate coverage...

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Relation Acquires Rummel Associates

Article 0 Comments Relation Insurance Services acquired the assets of Rummel Associates, Inc. The transaction went into effect on January 31, 2025; terms of the transaction were not disclosed. Specializing in both commercial and personal insurance, Rummel is based in Chicago, Illinois. Jared Rummel, owner of Rummel Associates, will continue managing that office as a valuable part of the Relation family. Rummel was established in 1948. Topics Mergers & Acquisitions Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.

QuickFacts launches in Québec to support brokers’ access to underwriting information 0

QuickFacts launches in Québec to support brokers’ access to underwriting information

L’Unique Insurance — now available on the platform Quebec City, QC (Mar. 10, 2026) – QuickFacts is pleased to announce the launch of its personal lines offering in Québec, with the ambition of simplifying brokers’ work. As a tool for brokers, built by brokers, QuickFacts brings the power of comparative rating to the product level. The platform allows brokers to generate side-by-side product feature and coverage comparisons from multiple carriers, with easy access to current manuals, bulletins, forms, decline rules, binding guidelines and more. This means a significant reduction in research time for brokers to find the best product and coverage solutions for their customers’ unique needs. QuickFacts partnered with Orbite as their pilot in Quebec. Orbite was an ideal partner as they already had the rest of their team leveraging QuickFacts in other provinces. They helped support the Quebec launch from day one, testing the experience in-market and giving early feedback to make sure it worked smoothly for their team and others that follow. “We worked with QuickFacts in Ontario and were excited to support their launch in Quebec. Our Quebec team were impressed with the QuickFacts solution and excited to have French underwriting information in one place and...

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Inszone Acquires Nebraska’s Jaffery Insurance & Financial Services

Article 0 Comments Inszone Insurance Services announced its acquisition of Jaffery Insurance & Financial Services, an independent insurance agency based in Omaha, Nebraska. This acquisition marks Inszone’s entrance into the Nebraska market and strengthens the company’s growing presence in the Midwest. Founded in 2019 by Cyrus Jaffery, Jaffery Insurance quickly established itself as one of Nebraska’s fastest-growing agencies, specializing in personal lines with a focus on home and auto coverage. Clients of Jaffery Insurance & Financial Services will continue to work with the same trusted agents while benefiting from Inszone’s expanded carrier access, advanced tools, and nationwide support. Topics Mergers & Acquisitions Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.

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How US-Israeli War on Iran Is Upending Global Business

Article 0 Comments The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts. Below are the main disruptions so far: Travel Chaos The war has closed much of the region’s airspace and crippled Dubai and Doha airports, two of the world’s busiest transit hubs, stranded tens of thousands of passengers and forced airlines to cancel about 40,000 flights–the travel industry’s biggest disruption since the COVID-19 pandemic. Read more: Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations Governments are scrambling to repatriate citizens, and airports are gradually resuming operations, but at only a fraction of normal capacity. Private jets have emerged as an alternative for marooned travelers to get out of the Gulf whilst others have embarked on long taxi drives across the desert to Riyadh, Saudi Arabia, in the hope of flying home from there. Shipments ranging from fresh produce to airplane parts are in limbo as Middle East conflict squeezes cargo capacity and pushes up freight rates. (Related: Perishables to Plane Parts Stranded as Middle East Conflict Hits...

HSB Launches Cyber Insurance for Connected Commercial Vehicles 0

HSB Launches Cyber Insurance for Connected Commercial Vehicles

Cyberattacks on Vehicles are a Serious Threat HSB Commercial Cyber for Auto covers damage to systems and data when work vehicles are hacked Key protection pays for lost business income from vehicle cyberattacks Additional coverage includes towing, transportation, and loss of use Toronto, ON (Feb. 18, 2026) – HSB is pleased to announce a new cyber insurance coverage that protects internet-connected commercial vehicles from hackers and pays for lost business income resulting from cyberattacks. HSB Commercial Cyber for Auto also covers cyber extortion, identity theft, and includes alternative transportation when targeted work vehicles can’t be operated. “Cyberattacks on commercial vehicles are a real and growing threat,” said Eric Hendricksen, commercial cyber practice lead for HSB, part of Munich Re Group. “With millions of connected commercial cars and trucks on the road, cybercriminals could hack into apps and automobile connections. Business owners need to get ahead of this emerging risk to data security, operations, and vehicle safety.” Comprehensive Protection for Commercial Fleets HSB Commercial Cyber for Auto is designed to help small and medium-sized businesses recover from disruptions caused by auto-related cyberattacks. Coverage for commercial vehicles includes: Cyberattacks, including damage to the vehicle’s systems, devices, or data from a malware attack....