OCTO and Pouch Insurance Partner to Power AI-Driven Per-Mile Commercial Auto Insurance for Gig Economy Fleets

OCTO and Pouch insurance partner to power AI-driven per-mile commercial auto insurance for gig...

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Pouch Insurance, the admitted commercial auto managing general agent built for 1099 workers and gig economy operators, today announced a strategic partnership with OCTO,...
Best’s Special Report: AM Best Survey Finds Most Insurers Expect to Leverage AI Though Data, Security Challenges May Impede Fast Adoption

Best’s Special Report: Most insurers expect to leverage AI though data, security challenges may...

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An AM Best survey of carriers and managing general agents (MGAs) to gauge the impact of artificial intelligence (AI) on the insurance industry found...
Health Insurance India

Health Insurance India: Recent Regulatory Updates And Product Improvements Worth Knowing as a Policyholder

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Health insurance is no longer just about having a policy in place. As regulations evolve and insurers refine their offerings, policyholders need to pay...
Analysis Shows Drastic Shift in Life Insurance Reserves Toward Annuity Products, and a Slide in Credit Quality

Analysis shows drastic shift in life insurance reserves toward annuity products, and a slide...

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A new AM Best analysis reveals that funds held to back individual annuity policies now account for over 36% of the U.S. life/annuity insurance...
Lagos

Lagos State Goes Live with Parametric Flood Insurance Policy, Protecting up to 4 Million...

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Lagos/London/Geneva, 26 March, 2026: The Lagos State government has contracted a parametric flood-risk insurance policy in the Nigerian insurance market, covering up to 4 million...
Zocks Launches AI Assistant for Life Insurance to Help Producers Get Policies Issued Faster

Zocks launches AI assistant for life insurance to help producers get policies issued faster

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Zocks helps turn first meetings into complete case packets, eliminating operational bottlenecks and accelerating time to issue Zocks, the privacy-first AI assistant for financial advisors,...
The Institutes' new associate in insurance AI (AIAI) designation equips individuals to be future-ready with practical AI skills

The Institutes’ new associate in insurance AI (AIAI) designation equips individuals to be future-ready...

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The Institutes’ new designation provides a framework and best practices for effectively and responsibly using AI in risk management and insurance, providing skills on...
Sixfold INFORCE

Sixfold and INFORCE launch strategic partnership to drive AI underwriting transformation

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Sixfold, the underwriting AI solution trusted by global MGAs, carriers, and reinsurers, today announced a strategic partnership with INFORCE, a leading systems integration firm...
Best’s market segment report: US health insurers seek to improve underwriting performance in 2026 amid more-pronounced pressures

Best’s market segment report: US health insurers seek to improve underwriting performance in 2026...

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A combination of higher-than-expected utilization, claims costs, acuity and cost of care across all lines led to the U.S. health insurance segment’s net income...
Q1 2026 insurance labor market study results indicate ongoing stability

Q1 2026 insurance labor market study results indicate ongoing stability

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The latest iteration of the Semi-Annual U.S. Insurance Labor Market Study, conducted by The Jacobson Group, the leading provider of talent to the insurance...

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Zenity Extends AI Agent Security and Governance to Claude Enterprise

Zenity extends AI agent security and governance to Claude enterprise

Integration helps security teams monitor agent activity, govern MCP servers and tools, detect AI-specific threats and maintain audit trails across Claude Enterprise Zenity, the leading...
Visa Partners with OpenAI to Power the Next Generation of AI Commerce

Visa partners with OpenAI to power the next generation of AI commerce

New collaboration brings Visa’s global payment network to one of the largest AI platforms and aims to support seamless, secure transactions and broader AI-powered...
MetLife today announced the Non-Qualified Assignment Flex Agreement (NQA-FA), a new deferred payment solution designed to help attorneys and brokers resolve non-physical injury claims with more flexible settlement structures. The NQA-FA enables settlements to be paid over time, including through deferred start dates, lump sums and customized payment schedules aligned to client needs. MetLife today announced the Non-Qualified Assignment Flex Agreement (NQA-FA), a new deferred payment solution designed to help attorneys and brokers resolve non-physical injury claims with more flexible settlement structures. Share The NQA-FA utilizes a funding agreement rather than an annuity and gives attorneys and brokers greater control over how and when settlement payments are delivered across a broad range of non-physical injury cases. These include employment litigation, wrongful termination, discrimination, contract disputes, construction defects, property and environmental claims, liability policy buy-outs, punitive damages, and attorney fees. With approval, both individuals and businesses may be designated as payees. Only a small percentage of employment litigation cases go to trial, with most resolved through a settlement. In fiscal year 2025, 88,201 workplace discrimination charges were filed with the U.S. Equal Employment Opportunity Commission (EEOC), flat from the prior year, but up 9% compared to fiscal year 20231. As settlement volumes increase, demand is growing for more adaptable structures that can address the complexity of modern cases. “For many non-physical injury cases, payees increasingly call for delayed or customized payments that traditional structures don’t support,” said Bejan Shirvani, head of Structured Settlements at MetLife. “This funding agreement solution expands the tools available to attorneys and brokers by combining greater flexibility in payment timing and structure with the strength of MetLife’s guarantees, helping support long-term financial security for claimants.” Non-qualified assignments are commonly used to resolve claims that are not eligible for tax-free treatment under federal law by transferring payment obligations to an assignment company, allowing settlements to be paid over time. However, traditional structures are generally subject to Internal Revenue Code Section 72(u), which requires payments to begin within one year. The NQA-FA is not subject to these requirements, enabling deferred payments beyond one year and a broader range of designs that can align with future events or long-term financial needs.

MetLife launches new deferred payment option for non-physical injury claims

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MetLife today announced the Non-Qualified Assignment Flex Agreement (NQA-FA), a new deferred payment solution designed to help attorneys and brokers resolve non-physical injury claims...