Jacksonville insurance company announces merger with American Family Insurance

(Courtesy of Jacksonville Business News)     The Main Street America Group, based in Jacksonville, plans to merge with American Family Insurance, the 13th largest property/casualty insurance group in the nation, the companies announced on Friday. The board of directors of both Main Street and American Family have approved the merger, which does not involve … Continue reading Jacksonville insurance company announces merger with American Family Insurance

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How on-demand insurance will shake up the industry

(Courtesy of Jacksonville Business Journal) On April 6th, The Wall Street Journal reported that a fintech startup called Trov (“fintech” refers to any technology innovation in the financial services industry) had raised $45 million to bring on-demand services to the property and casualty insurance market. Trov is an interesting case of how digital technology is … Continue reading How on-demand insurance will shake up the industry

Jeff Brandes Files Bill to Curb Insurance Fraud

(courtesy of Sunshine State News) Sen. Jeff Brandes, R-St. Petersburg, is going after insurance fraud in the Sunshine State. On Friday, Brandes filed legislation to tackle insurance fraud by requiring insurance companies to develop anti-fraud plans and submit them to the Division of Investigative and Forensic Services. Brandes' legislation would also require companies to provide … Continue reading Jeff Brandes Files Bill to Curb Insurance Fraud