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The life insurance startup has filed for bankruptcy.
Posted: Jun 25, 2024
Valor is an environmental services company.
Posted: Jun 25, 2024
Posted: Jun 25, 2024
Insurent has guaranteed more than $1 billion in rent exposure since inception.
Posted: Jun 25, 2024
Sudden Downshift Transmission Issue Prompts Ford Recall of 668,000 2014 F-150 Pickups Ford Motor said T...
Posted: Jun 25, 2024
Find out why Appian was named a leader as a low-code technology provider in insurance.
Posted: Jun 25, 2024
Posted: Jun 25, 2024
The Canadian company will use the funding to expand support for accumulation annuities and non-guaranteed income products.
Posted: Jun 25, 2024
Posted: Jun 25, 2024
Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals...
Posted: Jun 25, 2024
Zurich North America has hired insurance executive James Bracken as Chief Financial Officer, succeeding Peter Hirs, who is set to return to Zurich Insurance Group in Switzerland as Group Head of Mergers & Acquisitions. As Zurich North America...
Posted: Jun 25, 2024
MIC Global (MIC), a provider of comprehensive embedded micro insurance solutions, is teaming up with inDrive, an international platform specialising in mobility and urban services, as well as local insurers. Their goal is to introduce advanced mic...
Posted: Jun 25, 2024
Jimbo Floyd, head of Turner Wood and Smith Insurance in Gainesville, Georgia, has been sworn in as president of the Independent Insurance Agents of Georgia. Floyd has previously served as IIAG’s chairman of the board, vice president, secretary-...
Posted: Jun 25, 2024
Hamilton Global Specialty, an underwriting platform of Hamilton Insurance Group, has recently announced the appointment of Niamh O’Brien as Chief Actuary. In her new role, O’Brien will report directly to Wilfred Chin, who was recently promoted to...
Posted: Jun 25, 2024
A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime group has demanded an extorti...
Posted: Jun 25, 2024
Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank Ltd.’s general insurance unit. The Swiss firm is pursuing &#...
Posted: Jun 25, 2024
After consistently weak sector results for almost two years, the US P&C insurance industry registered its best opening quarter underwriting result in over 15 years in 2024, according to a new report from Swiss Re. The re/insurer observed that...
Posted: Jun 25, 2024
Farmers Adjusters Cry Foul Over Workloads, Claims Handling in Letter to Regulators Farmers Insurance official...
Posted: Jun 25, 2024
FEMA Is Ready for Hurricane and Wildfire Seasons, but Money a Concern The head of the Homeland Security...
Posted: Jun 25, 2024
A federal judge in Texas on Monday seemed likely to stop a Biden administration rule that would extend mandatory overtime pay to 4 million U.S. workers from taking effect, but was unsure whether he could block it nationwide or only …
Posted: Jun 25, 2024
Relm Insurance, the Bermuda-based specialty insurance carrier, announced the release of its Side A Difference in Conditions (DIC) solution. Relm’s Side A DIC solution was created for clients that have been unable to secure enough limit or consi...
Posted: Jun 25, 2024
Ford Motor said Tuesday it is recalling 668,000 F-150 pickup trucks worldwide from the 2014 model year because vehicles can unexpectedly downshift into the first gear causing a loss of driver control or rear-wheel lockup. A loss of signal can …
Posted: Jun 25, 2024
PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in the Southeast. The Brady Agency, offering commercial and personal lines coverage in North Carolina and Virginia with...
Posted: Jun 25, 2024
Lockton, Inc., the independent and privately held insurance brokerage, has reported global revenue of $3.55 billion for its fiscal year to April 30th, 2024, supported by solid growth at its reinsurance arm, Lockton Re. Overall, Lockton saw a 15% r...
Posted: Jun 25, 2024
Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania, Mississippi, and Iowa. “At PCF Insurance, we are committed to accelerated and strategic expansion th...
Posted: Jun 25, 2024
New York has issued guidance to commercial insurers that they are prohibited from inquiring about or making coverage decisions based on a property’s status as an affordable housing development or a tenant’s source of income. The guidance...
Posted: Jun 25, 2024
As the re/insurance sector continues to evolve with technology, the underwriting process has seen considerable changes made in recent years, with the term bionic underwriting slowly making headwinds across the industry. Bionic underwriting leverag...
Posted: Jun 25, 2024
Dollar Tree Inc. continued to sell children’s applesauce tainted with “extremely high” levels of lead long after the company recalled the product due to contamination concerns, US regulators said. The discount store kept pouches of...
Posted: Jun 25, 2024
Northern Re, a reinsurance firm focused on long-tail casualty business, has announced an asset management partnership with Jaffa Capital Management, LLC, an insurance and reinsurance investment manager. Through this partnership Northern will have...
Posted: Jun 25, 2024
CatX, the digital marketplace that connects re/insurers and brokers with alternative capital, has appointed James Robinson to its Bermuda Board of Directors, who brings over two decades of experience in insurance, reinsurance, finance, and technol...
Posted: Jun 25, 2024
Setting aside an additional 1.2% of the world’s land as nature preserves would prevent the majority of predicted plant and animal extinctions and cost about $263 billion, according to a study published on Tuesday. The world is racing to meet &#...
Posted: Jun 25, 2024
Artex Risk Solutions, the captive service provider and alternative risk transfer solutions subsidiary of insurance and reinsurance broker, Arthur J. Gallagher & Co., has acquired Implement Compliance Solutions & Resources Limited (ICSR). I...
Posted: Jun 25, 2024
Cytora, a digital risk processing platform, has entered into a partnership with a provider of property valuation solutions, e2Value, to give commercial underwriters new insights into risks by integrating e2Value’s data directly into Cytora’s risk...
Posted: Jun 25, 2024
A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity intelligence company Recorded...
Posted: Jun 25, 2024
Insurance industry intermediary, Specialist Risk Group (SRG), has agreed to acquire specialist schemes broker, Strategic Insurance Services Limited (SISL), subject to regulatory approval. Based in West Sussex, UK, SISL was established in 1997 and...
Posted: Jun 25, 2024
A deadly factory blaze has revived concerns over battery safety in South Korea, a key global supplier of lithium-ion cells used in everything from electric vehicles to energy storage systems. The fire and a series of explosions at a lithium …
Posted: Jun 25, 2024
European cyber-insurance specialist COGITANDA has partnered with insurance giant, Everest and specialty re/insurer Lloyd’s Syndicate, IQUW to develop and expand its cyber product offering to clients with annual revenues of up to €250 million in Ge...
Posted: Jun 25, 2024
IBISA, the global climate insurtech, has successfully closed a $3 million funding round, with the proceeds set to go towards scaling its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen R...
Posted: Jun 25, 2024
Beazley Security has gone live as an integrated cyber risk management company following the merger, announced in February 2024, of Beazley’s in-house cyber services team and its wholly owned cyber security company, Lodestone. Beazley Security has...
Posted: Jun 25, 2024
Sompo, a global provider of commercial and consumer property and casualty re/insurance, has appointed Allan Murley as Head of Distribution, Insurance for the United Kingdom (UK). Based in London, Murley will be responsible for overseeing the coord...
Posted: Jun 25, 2024
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Dellwood Specialty, a startup excess and surplus (E&S) lines insurance company targeting small- and medium-size ente...
Posted: Jun 25, 2024
Posted: Jun 25, 2024
Why J.D. Power Auto Insurance Satisfaction Scores Are Lower in 2024 An...
Posted: Jun 25, 2024
Posted: Jun 25, 2024
GEICO Tops Progressive With Higher J.D. Power Scores Although Berkshire...
Posted: Jun 25, 2024