Dear Friends, Legislation Week 6 is now complete. The legislation that passed the House this week had two principal themes: protecting Georgia’s ratepayers and protecting the most vulnerable, children.Protecting Georgia RatepayersThe Special Committee on Resource Management traveled throughout the state during the off-session to...
Fidelis Insurance Group, a global specialty insurance and reinsurance company based in Bermuda, has expanded its capital management initiatives, increasing the current common share repurchase authorisation to $400 million.
The expanded programme allows the company to buy back shares through open market purchases, accelerated...
Captive Coalition has announced the launch of Ascend, a new captive insurance program built exclusively for independent agents and fuelled by a team of captive insurance veterans.
With Ascot Insurance Company and Ascot Specialty Insurance Company as the fronting issuing carriers, Ascend gives...
What is usage-based insurance?Usage-based insurance (UBI) programs use your driving behavior to help calculate your car insurance rates. Also called telematics car insurance, these programs track your driving and reward safe driving with discounts. There are two main types of usage-based insurance:Pay-how-you-drive insurance. Tracks...
PROVIDENCE, R.I. (WJAR) — FM announced its expansion and investment to Providence with the purchase of a prominent commercial building.The commercial mutual insurance company purchased 10 Memorial Boulevard, the former IGT building in the downtown area.According to FM officials, it will occupy a...