AGP Executive Report
Last update: 7 hours agoCapital & Pricing: Insurers nearly doubled investments in private credit funds, while global commercial insurance rates fell 5% in the third quarter, signaling continued pressure on premiums. Flood Coverage: FEMA launched online quotes and purchases for National Flood Insurance Program policies across nearly 22,700 participating communities, giving customers a direct option alongside agents. Consumer Protection: Florida’s attorney general is investigating policy clauses that could void homeowners’ claims when customers hire public adjusters. New Jersey regulators also recovered more than $10.5 million for GEICO customers who were overcharged. Industry Leadership: Selective Insurance named Jacob E. Rothfuss executive vice president and president of Standard Lines, with his appointment expected by April 2027. Regulation: Russia’s central bank will lower liability insurance tariff floors for owners of hazardous facilities from November 1, with reductions varying by industry.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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