Insurance Fraud Bureau (IFB)

Core Insurance

Hub International Limited | November 08, 2021

Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Calculated Risk Advisors, LLC (Calculated Risk Advisors). Terms of the transaction were not disclosed. Located in Chicago, Illinois, Calculated Risk Advisors is a boutique risk consulting firm and professional liability insurance brokerage, which supports its clients on alternative risks, complex insurance and errors and omissions. T...

Insurance Technology

CoverEase | March 21, 2022

Today, CoverEase, a digital insurance brokerage, announced the launch of its digital platform that leverages artificial intelligence to automate underwriting, and deliver a simple way to shop, compare, and buy workers' compensation, in 3 minutes. The company has transformed the typical long and complicated process of purchasing business insurance into a lightning-fast, easy, and awesome experience. CoverEase instantly shops the workers' compensation marketpl...

Compliance

GrowthCurve Capital | December 18, 2021

Brightway Insurance, a leading personal lines focused insurance franchisor, announced today the completion of a majority investment from GrowthCurve Capital to accelerate the company's growth trajectory. The partnership with GrowthCurve will enable Brightway to continue its national expansion strategy and invest in its technology platform to further enhance its strong value proposition to customers, franchisees and carrier partners. "On behalf of my brother ...

Life Insurance

Consumer Watchdog | February 19, 2022

The California Supreme Court has refused to review a lower court ruling that stripped the Insurance Commissioner of critical powers granted by California voters to protect against excessive insurance rates. In a challenge to State Farm's homeowners insurance rates originally brought by Consumer Watchdog in 2014, the state's Insurance Commissioner ordered the company to lower its rates by 7% and refund overcharges dating back to July 2015. State Farm sued, and last October,...