Author: completebodyneeds

This article is part of a sponsored series by EZLynx. Most growth-focused agency owners in the insurance industry are eager to use automation for the efficiency gains it promises. But many are still stuck on one question: Is artificial intelligence (AI) safe for insurance agents to use with client data? If your independent agency has a team of 10 or fewer, you probably don’t have in-house IT, a compliance officer or a CISO to vet every new piece of software. This decision and protecting client privacy fall on you. Fortunately, navigating AI data security for insurance agencies doesn’t require a…

It’s already been a deadly year for firefighters, and authorities have been putting resources where they can more quickly pounce on wildfires before they get out of hand and increase the possibility of additional loss of life and property. Fire managers try to anticipate nature’s next move, placing thousands of firefighters, hundreds of engines, batteries of bulldozers, and fleets of helicopters and air tankers where they’ll make the biggest difference. This year, they’re dealing with persistent drought made worse by record-low snowpack levels and consecutive days of hot, dry and windy weather. Hundreds of homes have burned, three firefighters were…

Risk Theory Insurance Services launched Jupiter Platinum Home, a primary excess and surplus product for high-net-worth homeowners in California. The program, with capacity from Amherst Specialty Insurance, is built for homes with a $750,000 dwelling limit up to $25 million in total insured value, including those with significant wildfire exposure. The Jupiter Platinum is built for difficult-to-place California exposures, including properties with significant wildfire exposure, an dpriced for today’s market gaps, especially where capacity has pulled back across California, the company says. Risk Theory is a specialty insurance platform. The company operates a portfolio of managing general agents that deliver…

Canopius Appoints Moore US CEO Nadine Moore Canopius Group, headquartered in Chicago, Illinois, appointed Nadine Moore as CEO of its U.S. business. Based in Chicago, Moore will lead Canopius’ U.S. operations across both its retail and wholesale businesses. Moore will assume leadership of the U.S. business from September 2026, reporting to Group CEO Neil Robertson, and will join the group leadership team. Moore most recently served as managing director and senior partner at Boston Consulting Group. Over the course of her career, Moore combines the distribution credibility of a placing broker – including producer experience during a senior role at…

The New Jersey Supreme Court has ruled unanimously that insurance brokers, producers, and agents are not exempt from liability under the state’s Consumer Fraud Act (CFA). The court found that “extending the learned professional exception to insurance brokers would unduly narrow the scope of the CFA and undermine the Legislature’s intent for it to serve as one of the nation’s strongest consumer protection laws.” The ruling came in a case brought by James Lowe, M.D, a neurosurgeon who was diagnosed with a vision condition that prevented him from performing neurosurgery. He claims his insurance agents negligently failed to obtain sufficient…

Second quarter 2026 net income at Progressive Corp. increased 4% compared to the same period a year ago to about $3.3 billion. Progressive reports results monthly. Net income for June was down 31% to about $779 million. The Mayfield Village, Ohio-based insurer’s Q2 2026 combined ratio was 87.3 compared with Q2 2025’s result of 86.2. Net premiums written (NPW) in Q2 were about $21.1 billion, an increase of 5% compared to the same time period the prior year. Year-to-date Progressive NPW was $44.7 billion compared with $42.3 billion last year. In personal lines, NPW as of June 30 increased 6%…

Cover Genius, the insurtech for embedded insurance, said on July 15 it raised $100 million in capital, backed by Vista Credit Partners, a subsidiary of Vista Equity Partners. The raise ups the business to a $1.9 billion valuation, said Cover Genius, adding that it will use the new capital to deepen enterprise partnerships with enhanced integration, scale AI capabilities, and invest in platform scalability and strategic acquisitions. Cover Genius operates a B2B2C embedded protection platform that connects 200+ partners with 50+ global insurance carriers to protect over 70 million end customers at the point of sale across travel, retail, ticketing…

Farmers Insurance has launched a new initiative designed to make insurance easier to understand and more transparent for consumers. Farmers said the enterprise-wide effort reflects its continuing commitment to helping consumers better understand their options so they can make more confident coverage decisions before they need it most. “The strategy is grounded in a simple belief: Our customers’ insurance coverage should be easy to understand, with no jargon, no big words, and no lawyer needed to make sense of it,” said Eleanor Solomon, head of Creative for Farmers Insurance. “Farmers is introducing tools that help make insurance easier to navigate—highlighting…

Florida regulators are considering three rule changes, one on how market-conduct examinations are triggered, one on an expanded claims-dispute mediation system, and one that would require certain quarterly reports even when the insurer has not engaged in the type of risk or policy. Insurance company advocates and lobbyists said they are compiling comments from carriers across the state on how the rules should be tempered or rewritten. Here’s a look: Mediation First, the good news. The Florida Department of Financial Services has all but given final approval to a plan to modernize its dispute resolution program and add auto and…

PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking steps to preemptively shut off electricity to homes and businesses in the region. The utility cited high winds and dry conditions for required outages in Monterey, San Benito and San Luis Obispo counties. Shut offs are also likely in seven additional counties, including Santa Barbara and Marin, the company said on its website. Related: California Utility Bills Are 20% Higher Due to Wildfires The National Weather Service has issued red flag…