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Archive for May 2024

CIAB: Commercial P/C Premiums Increase 7.7% in Q1 2024

Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024. According to The Council of Insurance Agents and Brokers’ Q1 Market Survey, the 7.7% average increase in Q1 compared to 7% … Source: Claims Journal

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Citi Sued by ATM Customers Over Reverse Race Discrimination

Citigroup Inc. was accused in a lawsuit of racial discrimination for its policy of waiving ATM fees for customers of minority-owned banks. The plaintiffs, who don’t bank with Citigroup, claim they were charged out-of-network fees for transactions at the bank’s … Source: Claims Journal

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