NewsRamp Insurance Podcast

NewsRamp Insurance Podcast

Navigate the insurance industry with confidence by tuning into the 'NewsRamp Insurance Podcast.' Our episodes provide the latest news and expert summaries from NewsRamp.com, covering policy updates, market trends, and regulatory changes. Stay informed on the developments impacting the insurance sector.

Episodes

Navigating Stability and Growth: The Success of THEBAILEYOFFI Investment Consortium

September 1, 2025 • 2 mins
Led by Canadian executive Illya Bailey, THEBAILEYOFFI Investment Consortium is making strategic acquisitions in essential sectors like energy logistics and insurance, delivering reliable cash flow and operational trust. With a focus on long-term assets and an emergency response capacity already in place, the group's model has set a standard for private sector support in geopolitical infrastructure, ensuring profitability and capita...
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Potential Disruption in Maryland's Medicare Advantage Plans Threatens Retirees

August 31, 2025 • 1 min
Major insurance providers are considering ending Medicare Advantage coverage for retirees in Maryland due to challenges with federal reimbursement rates. This could leave seniors without important supplemental benefits, prompting state and federal officials to seek solutions to stabilize the market and protect beneficiaries.
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Enhancing Customer Experience Through Nationwide Dealer Partnerships

August 30, 2025 • 2 mins
Veritas Global Protection is expanding its dealer partnerships nationwide to offer a variety of vehicle protection plans beyond manufacturer warranties. By simplifying the claims process and providing diverse coverage options, the company aims to reinforce dealerships as trusted resources for vehicle care while ensuring customer satisfaction and growth.
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Advocacy for Wildfire Victims: Eaton Fire Lawyers Offer Insurance Bad Faith Hotline

August 28, 2025 • 2 mins
The Wagner Law Group is supporting wildfire victims by providing a hotline for Insurance Bad Faith issues and advocating for legislative reforms against insurer misconduct. They are also backing Pasadena City Council's fee waivers for rebuilding. In addition to wildfire cases, the law firm handles prison sex abuse, personal injury, and employment cases, securing substantial compensation for clients.
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Revolutionizing Fire Safety: Innovations in Preventing Electrical Fires and Wildfires

August 27, 2025 • 3 mins
Bob Marshall of Whisker Labs leads the development of Ting, a sensor technology preventing home electrical fires and enhancing grid safety. Meanwhile, John Wall of FortressFire discusses their AMP Platform that assesses and mitigates wildfire risks at the structure level, aiming to make wildfires more manageable. Both companies revolutionize fire safety with cutting-edge technology and data-driven solutions, partnering with various...
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Streamline Your Iowa Insurance Licensing with WebCE's New Exam Prep Courses

August 25, 2025 • 2 mins
WebCE introduces new Iowa Insurance Adjuster Exam Prep and Appraiser Exam Prep courses to assist professionals in meeting the state's licensing requirements under Senate File 619. The courses are tailored to align with Iowa's regulations and offer access to an AI-powered Chat Tutor for personalized support, providing a clear path to licensure for roles like Public Adjuster, Independent Adjuster, Staff Adjuster, Appraiser, and Umpir...
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Streamlined Event-Based Liability Insurance for Vendors and Exhibitors

August 21, 2025 • 2 mins
Insurance Canopy and Marketspread have teamed up to offer fast and affordable event-based liability coverage for vendors and exhibitors. This collaboration allows Marketspread users to easily purchase insurance online through Insurance Canopy, providing quick coverage quotes, competitively priced options, and industry-specific coverage tailored to small business owners across nine industries.
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Advancements in AI and Insurance: Funding and Launch of Berkley Edge

August 21, 2025 • 3 mins
Upstage secures $45 million in funding to enhance their generative AI solutions and expand into the U.S. and APAC markets, while also collaborating with AWS to improve AI capabilities. Meanwhile, W. R. Berkley Corporation launches Berkley Edge, a new business focusing on professional liability and casualty insurance for small to mid-sized businesses, aiming to address the growing demand in this segment.
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NOW Insurance Ranks 30th in 2025 Inc. 5000 List for Second Consecutive Year

August 18, 2025 • 2 mins
NOW Insurance has secured the 30th position in the insurance industry rankings on the 2025 Inc. 5000 list for the second year in a row. Led by CEO Philip Cabaud, the company attributes its success to hard work, innovation, and a customer-centric approach. NOW Insurance, a data-driven Insurtech, is focused on transforming the insurance experience for contemporary healthcare providers through customizable and cost-effective coverage ...
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Exploring Alternatives to Traditional Extended Warranties with MotoAssure Admin

August 15, 2025 • 2 mins
MotoAssure Admin is a third-party provider offering customizable protection plans for older or high-mileage vehicles as factory coverage diminishes. With a focus on affordability and flexibility, their plans cover mechanical breakdowns and allow owners to select their repair facility, catering to a changing auto ownership landscape and rising vehicle repair costs.
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Historic Rate Decrease Proposed by Florida Peninsula Insurance Company

August 14, 2025 • 2 mins
Florida Peninsula Insurance Company is proposing its largest rate decrease ever, with an 8.4 percent decrease for homeowner's premiums and a 12 percent decrease for condo owners. This reduction is thanks to recent legislative reforms benefiting consumers and is expected to result in significant savings for policyholders later this year or early 2026. President Clint Strauch attributes this success to addressing the root causes of i...
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Innovations in Insurance and Healthcare Administration Services

August 14, 2025 • 3 mins
Veracity Insurance Solutions experiences significant growth by simplifying insurance purchases for small businesses, while Cosmos Medical Management expands services to streamline physician payer enrollment processes nationwide, emphasizing faster insurance approvals and reduced administrative burdens for healthcare providers.
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ALKEME Insurance Ranks No. 730 on the Inc. 5000 List with 565% Revenue Growth

August 13, 2025 • 2 mins
ALKEME Insurance, a leading brokerage, has achieved a significant milestone by securing the 730th spot on the Inc. 5000 List for its remarkable 565% revenue growth over three years. The company's success is attributed to its innovative vision, commitment to revolutionizing insurance distribution and client experience, positioning it as one of the nation's most ambitious companies.
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Introducing SAM/SML Misconduct Liability Insurance for Educators and Mentors

August 13, 2025 • 2 mins
Insurance Canopy has launched a new misconduct liability insurance option (SAM/SML) to provide protection for educators, life coaches, tutors, and instructors against wrongful allegations of sexual misconduct. The coverage addresses a gap in general and professional liability policies and offers monthly premiums starting at $10.33 for educators earning $50,000 or less annually. President and CEO Daryle Stafford emphasizes the impor...
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Success Stories in the Insurance Industry: ReSource Pro and ePayPolicy Shine on the Inc. 5000 List

August 12, 2025 • 3 mins
ReSource Pro and ePayPolicy have both achieved impressive rankings on the Inc. 5000 list, showcasing their growth and success in the insurance industry. ReSource Pro stands out for its operational efficiency and client satisfaction, while ePayPolicy's focus on payment tools and recent feature launches have propelled its growth. Both companies have been commended by Inc. for their entrepreneurial spirit and vision.
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Maximizing Financial Benefits Through Professional Safety Services

August 12, 2025 • 2 mins
Organizations are increasingly leveraging professional safety services to reduce workplace risk, lower insurance costs, and streamline compliance processes. Research shows that investing in safety services can yield significant financial returns, with studies indicating that for every $1 spent on injury prevention, companies can see a return of $2 or more. By partnering with safety services, companies can realize immediate financia...
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New Car Insurance Coverage Requirements in North Carolina Effective July 1, 2025

August 11, 2025 • 2 mins
North Carolina has raised its minimum car insurance coverage requirements, with new amounts set at $50,000 per person for bodily injury, $100,000 per accident for bodily injury, and $50,000 for property damage. Uninsured and underinsured motorist coverage is now mandatory in the state to offer better financial protection for accident victims and drivers. Auto insurers have increased rates by 22.06 percent to accommodate rising cost...
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Financial Update on GoHealth Inc. and Legal Successes at Treviño Law

August 8, 2025 • 3 mins
Stonegate Capital Partners provides an update on GoHealth Inc.'s challenging second quarter, including revenue declines and new financing arrangements. Meanwhile, Treviño Law, led by Jaime Treviño, has achieved significant settlements and verdicts for injured clients, specializing in cases like traumatic brain injuries and medical malpractice.
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Introducing Veritas Global Protection's Specialized EV Protection Plan

August 7, 2025 • 1 min
Veritas Global Protection has launched a new nationwide EV protection plan, offering coverage for essential EV components and features like 24/7 roadside assistance and rental car reimbursement. The company's commitment to innovation is evident in these flexible plans, designed to meet the growing demand for post-warranty solutions in the rising EV market. Visit their website for more information on this tailored protection plan.
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Stonegate Capital Partners Initiates Coverage on Choice International Ltd. with Positive First Quarter Results

August 6, 2025 • 2 mins
Stonegate Capital Partners has begun covering Choice International Ltd. on the NSE, highlighting the company's strong performance in the first quarter of FY26. Choice International reported significant revenue growth, increased EBITDA and PAT, expanded national presence, growth in client assets under broking and AUM in wealth management, traction in insurance distribution, and doubled retail loan book in the NBFC segment. Valuation...
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