What do you want to know COVID-19 has given everyone a lesson in the importance of protection. Too many of your clients may still make their ex-spouses their primary beneficiaries. Many other life changes could alter coverage needs. The unfortunate effects of the pandemic have led many people to increasingly think about their mortality – […]
A relatively new crop insurance option that has been added in recent years by the United States Department of Agriculture’s Risk Management Agency (RMA) are “Margin Protection” (MP ). Given the expectation of much higher farm input costs for 2023, as well as some pretty strong projections for commodity prices from 2023 into the fall […]
Who can suffer losses associated with cryptocurrency or digital assets? The real question is who uses them. Among the most obvious users are exchanges where cryptocurrency is traded. It has been reported that the largest market for insurance in the cryptocurrency industry consists of exchanges that insure against cryptocurrency hacker thefts. Among the most important […]
Some Ontario drivers are expected to pay more for their auto insurance premiums in the coming months as the insurance industry’s governing body approved rate increases. Although the Financial Services Regulatory Authority of Ontario (FSRAO) has not approved an industry-wide rate increase, it has recently approved increases for Intact (3.44%), Verrasure ( 4.96 percent), Belair […]
By: Sara C. Tilitz and Lynndon K. Groff Per- and poly-fluoroalkyl substances, commonly referred to as PFAS, have served as a key component in many industrial and consumer products for decades. These “eternal chemicals”, which have been linked to environmental contamination and adverse health effects, have attracted increasing attention from regulators, the plaintiffs’ bar and, […]
Regulator issues final guidance outlining good practice for managing operational risk in auto insurance pricing and underwriting TORONTO, September 20, 2022 /CNW/ – To Help Consumers Receive Fair, Reasonable, and Accurate Automobile Insurance Rates and Fair Treatment in the Underwriting Process, FSRA Issues Final Operational Risk Management Framework Guidance for car insurance companies. Through consultation […]
September is Life Insurance Awareness Month, which encourages everyone to consider the impact life insurance has on ensuring the financial security of those we love. “Life insurance is important for many reasons,” said Missouri Department of Commerce and Insurance Director Chlora Lindley-Myers. “It allows us to protect those who are dear to us and to […]
From business interruptions to rising costs of responding to incidents and cyber threats looming as the war in Ukraine continues, cyber insurance companies are no longer taking risks. Cyber threats increased by 59%, to one in 64 businesses affected in 2022. With remote working becoming increasingly popular, cyberinsurers are adjusting their policies and assessing customer […]
Why is there so much excitement among insurance companies these days? Well, that’s because insurance regulator IRDAI is now giving a big boost to the “dematerialization” of policies. As part of this exercise, the regulator has mandated from December this year, all new insurance policies will have to be issued in a dematerialized form. By […]
The Indian Insurance Regulatory and Development Authority (Irdai) has made it mandatory to dematerialize new insurance policies by December this year. Dematerialization consists of transforming physical documents into an editable format online. In addition, Irdai has asked all insurance companies to dematerialize existing and old policies by next December. The insurance company will pay all […]
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Allstate raised auto insurance rates in Illinois by 14% last month, significantly outpacing the national average and the rate of inflation. State Farm was not far behind, raising rates more than 8% for Illinois drivers in August. Allstate’s premium increase, announced Thursday, averaged about 3.2% in the United States, according to the Northbrook-based insurer. For […]
A recent opinion piece by Tom Judd of the Michigan Brain Injury Provider Council (Crain’s, September 12) falsely claims that lawmakers are sitting idly by while the sky is falling over the 2019 bipartisan no-fault automobile reforms. That couldn’t be further from the truth. Michigan’s outdated automatic no-fault system was a welcome mat for fraud, […]
Main advantages Great customer service NJM received above average ratings in JD Power’s most recent US Auto Insurance Study for the Mid-Atlantic region. It also has a low complaint rate with the National Association of Insurance Commissioners (NAIC). This suggests it receives fewer customer complaints than other insurers of a similar size. Customizable policies NJM […]
DETOIT – Car insurance is a necessary evil for most drivers. We have to have it, but nobody really likes to buy it. Fortunately, you can now buy car insurance online and avoid the hassle of going from agent to agent. However, buying auto insurance online has some pros and cons that you should be […]
court tackles consequential vs. direct damages in insurance coverage dispute | Texas avocado Page printed from: https://www.law.com/texaslawyer/2022/09/15/consequential-and-direct-damages-in-spotlight-amid-energy-firms-insurance-spat/ X Thank you for sharing! Your article has been successfully shared with the contacts you provided. Total Petrochemicals & Refining USA refinery at Houston Ship Channel. Credit: Google Total’s call was more focused on Kinder Morgan’s actual coverage, […]
Car accident dangerous accident on the road. An SUV car crashes next to another on the road. The roads of the United States are among the busiest in the world. Reports show that there were more than 284 million vehicles in circulation at the end of 2021. This congestion has contributed to the high number […]
The regulator is also keen to develop a sophisticated platform called “Bima Sugam”, a digital platform for sales, service and claims settlement. Dear reader, Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. […]
The arena is fully set up, the audience is excited, and the Tesla Model S begins its short run – hits a rock, flips over – a few seconds pass and flames begin to shoot from the floor of the vehicle, where the battery is installed. . Applause. Firefighters arrive on the scene – cut! […]
Commercial Auto Insurance Premiums and Rates Set to Continue Rising By Lurah Bassey on September 15, 2022Insurance S&P Global Market Intelligence reports that commercial motor vehicle liability premiums were up 10% from the second quarter of 2021, and there were also “substantial” rate hikes in the first half of this year – which will mean […]
If the past two years have taught us anything, it’s that anything can happen. There are dozens of unforeseen possibilities that could make your business financially responsible or otherwise discourage customers from returning. And in the restaurant industry, this lesson is especially clear. For restaurant owners and operators, understanding all coverage options is essential. General […]
BrainsWay Cigna® Releases Favorable Policy for Deep TMS to Treat Drug-Resistant Obsessive-Compulsive Disorder BURLINGTON, Mass. and JERUSALEM, Israel, Sept. 14, 2022 (GLOBE NEWSWIRE) — BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in advanced noninvasive neurostimulation treatments for mental health disorders, today announced that Cigna Corporation has announced positive coverage […]
BURLINGTON, Mass. and JERUSALEM, Israel, Sept. 14, 2022 (GLOBE NEWSWIRE) — BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in advanced noninvasive neurostimulation treatments for mental health disorders, today announced that Cigna Corporation has announced positive coverage applicable to the deep transcranial magnetic stimulation (TMS) for the treatment of obsessive-compulsive […]
‘HMA The BENEFITS People’ Insurance Brokerage in Orillia Offers Clients Profit Sharing Option As an advisor to HMA The BENEFITS People in Orillia, John Atkinson is committed to serving the needs of local businesses, individuals and families in Simcoe County and across Ontario. Atkinson is a Certified Employee Benefits Specialist and Third Generation Insurance Professional […]
Image source: Getty Images Is it time to drop life insurance coverage? Key points Life insurance is an essential form of protection for most people. However, life insurance is only necessary for a limited time. Coverage can be dropped when certain milestones are reached, including retirement age and having adult children. Almost everyone needs life […]
Attorney Shelly Lee Griffin recently joined the insurance coverage practice group of Plunkett Cooney, one of the oldest and most accomplished full-service law firms in the Midwest. A partner in the Bloomfield Hills office of Plunkett Cooney, Griffin is an experienced litigation attorney with over 25 years of experience in resolving disputes involving property coverage, […]
The co-founders of Sigo Seguros, pictured left to right, are Ivan Arambula, vice president of engineering; CEO Nestor Solari; and COO Julio Erdos. | Photo: Sigo Seguros Of course, the latest moves from the industry’s Teslas, Apples, and Googles tend to dominate the tech news space — and with good reason. Yet tech titans aren’t […]
Pictures of people | Istock | Getty Images As open enrollment season begins, you may need to decide whether a health savings account should be part of your 2023 medical coverage. These tax-advantaged accounts allow users to save for medical expenses. Many companies will soon — or have already begun — holding their annual open […]
Carver Insurance Services offers affordable yet comprehensive car insurance plans. This press release was originally distributed by ReleaseWire Murrieta, CA – (ReleaseWire) – 09/09/2022 – Carver Insurance Services is a popular provider of risk management solutions. Through them, people can easily invest in coverage plans for home, life, business, and even commercial vehicle insurance in […]
Environmental, social and governance factors are playing an increasing role in M&A activity, but so far this has had a limited impact on the insurance coverage that underpins transactions. Recent research suggests that ESG is having an increasing impact on M&A activity and corporate strategy. According to a Coleman Research Group report released in August, […]
AM Best has revised its market segment outlook for the US personal auto insurance market from stable to negative. Best cited a significant deterioration in carrier results in the second quarter of 2022, driven by continued inflationary pressures and corresponding fare adequacy challenges, as the reason for the downgrade. In his last Best […]
The Federal Emergency Management Agency removed publicly available documents from its website that showed hundreds of thousands of people had dropped their federal flood insurance policies in recent months. FEMA pulled the records after E&E News cited the data in an Aug. 17 news article that found more than 425,000 people had terminated their policies […]
Due to this recent technological development, we investigated the potential effects of driverless cars on the auto insurance market. Technology has proven to be a boon to help refine humanity and the human experience. Thanks to advances in technology, we can accomplish our daily tasks with much less effort and stress than in the past. […]
Marcia Browne, Guardian Life insurance advisor, spoke about the benefits of health insurance at the Jamaica Observer Monday Exchange last week. ()Photo: Naphtali Junior Young Jamaican men are urged to purchase critical illness insurance policies to cushion the astronomical costs of care and treatment that come with devastating illnesses, such as prostate cancer. Guardian life […]
The regulator has also asked insurance companies to dematerialize existing and old insurance policies. The deadline for this is December 2023, Live Mint reported. Representative image. Wikimedia Commons The Insurance Regulatory and Development Authority of India (IRDAI) has mandated the dematerialization of new insurance policies by December 2022 with the aim of increasing customer convenience. […]
Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, which we will always identify, all opinions are our own. By refinancing your mortgage, the total finance charges may be higher over the life of the loan. Credible Operations, Inc. NMLS […]
What does bundling auto and home insurance mean? Bundling home and auto insurance means you buy both policies from one insurer. The same insurance company covers both your car and your home. Insurance companies may also offer bundled discounts for purchasing other types of insurance, such as condo, renters, motorcycle, RV, life, and more. A […]
Despite rising cyber insurance premium costs and changing coverage areas, companies are still researching and renewing their policies, experts tell Axios. The big picture: Cyber insurance provides financial assistance following a cyberattack to help cover ransom payments or the costs of rebuilding data storage systems. But as the attacks increased, the high prices increased. Additionally, […]
OLDWICK, NJ–(BUSINESS WIRE)–AM Best has affirmed State Farm Mutual Automobile’s Financial Strength Rating (FSR) of A++ (Superior) and Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX), collectively referred to […]
US states employ a variety of rate regulation mechanisms, including pre-approval, modified pre-approval, deposit and use, and use and deposit. Some states do not require explicit regulatory approval before insurers use new rates. This analysis is based on when rate filings are “disposed” by state regulators and does not take into account when these new […]
The Insurance Regulatory Development Authority of India (IRDAI) has mandated the dematerialization of new insurance policies by the end of the year. He urged all insurance companies to dematerialize their existing or old policies by the end of December, industry experts said. “We expect IRDAI to issue a circular on this soon. All expected stakeholders […]
September 09, 2022 Taft Stettinius & Hollister To print this article, all you need to do is be registered or log in to Mondaq.com. Ransomware – a demand for monetary payment to regain access to one’s data or network – continues to rock the rankings as a go-to get-rich-quick scheme from cybercriminals. As […]
Business failures are not the only concern for business owners. They must also fear being sued if someone injures their property or if they damage their property. What’s worse is that lawsuits can result in a lot of legal fees that could bankrupt a small business owner. With that in mind, you’ll want to purchase […]
Image source: Getty Images Don’t assume that sticking with the status quo on your car insurance is always the right decision. Key points Purchasing new car insurance could lower the price of premiums. It may also be important to shop around for new insurance to maintain the right coverages as the driver’s situation changes. There […]
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to mandate the dematerialization of all new insurance policies by December this year in a bid to digitize insurance policies. Dematerialization consists of transforming physical documents into an editable format online. With dematerialization or ‘Demat’, an insured can build up a portfolio of insurance […]
The state you live in, your driving history, your age, and your credit score are just a few of the factors that affect your car insurance premium. Here are some ways to get cheap car insurance and the best coverage: 1 – Shop It’s easy to be swayed by flashy advertisements claiming that a particular […]
Probus Insurance is one of the leading Insurtech players in the Fintech space. Probus serves as a one-stop solution for all your insurance related queries and needs and offers online/offline products for Indian customers in all categories of general and life insurance (health, car, life, travel and home insurance ). Impeccable research and a simple, […]
Doreen Harris A the new state program is ffocused on finding aDeveloping new insurance policies and products “that will drive clean technology adoption” across New York State. Governor Kathy Hochul on September 1 announced $6.5 million to support the “Insurance Innovation for Climate Technology Solutions” program. The initiative will provide funding for products […]
Most people understand the need for it, but many don’t have coverage. September is Life Insurance Awareness Month. CBS News Business analyst Jill Schlesinger said insurance is essentially the plant part of your financial regimen. “Who wants vegetables when we can gobble up the sizzle of something like investments,” Schlesinger said. “Life insurance forces you […]
Ransomware – a demand for monetary payment to regain access to one’s data or network – continues to rock the charts as a go-to get-rich-quick scheme for cybercriminals. As we know, the pandemic has spurred the work-from-home or hybrid work movement that will likely continue for years to come. With more and more employees working […]
Aetna CVS Health announced an expansion of hybrid-branded insurance in Florida on Thursday. The new plans combine Aetna’s insurance coverage with comprehensive healthcare services from CVS Pharmacy and MinuteClinic. Initial coverage is limited to 20 Florida counties, but includes some of the state’s largest urban centers such as Jacksonville, Miami and Orlando Aetna, an insurance […]
OLDWICK, NJ–(BUSINESS WIRE)–AM Best assigned a financial strength rating of B+ (good) and a long-term credit rating of “bbb-” (good) to Element Insurance Company (Element) (West Chester, OH). The outlook attributed to these Credit Ratings (ratings) is stable. The ratings reflect Element’s balance sheet strength, which AM Best assesses as adequate, as well as adequate […]
LARAMIE, Wyo. & SAN MATEO, Calif.–(BUSINESS WIRE)–Mountain West Farm Bureau Mutual Insurance (Mountain West), a Wyoming-based multiline insurer, and Guidewire (NYSE: GWRE) announced that Mountain West and its subsidiary 360 Insurance Company (360) have successfully deployed InsuranceSuite on Guidewire Cloud to power their core operations and simplify IT operations, adapt faster to changing market demands, […]
Motor insurance market OREGAON, PORTLAND, UNITED STATES, September 8, 2022 /EINPresswire.com/ — According to report published by Allied Market Research titled “Automobile Insurance Market by Coverage (Liability and Collision Coverage/Comprehensive Coverage/Other Optional Coverages) Distribution Channel (Insurance Agents/Brokers , Direct Response, Banks, and Others), Vehicle Age (New Vehicles, Used Vehicles) and Application (Personal, Commercial): Global Opportunity […]
Motor insurance market OREGAON, PORTLAND, USA, Sept. 8, 2022 /EINPresswire.com/ — According to the report published by Allied Market Research titled “Auto Insurance Market by Coverage (Third Party Liability Coverage, and Collision/Comprehensive/Other Optional Coverages) Distribution Channel (Insurance Agents/Brokers, Direct Response, Banks and Others), Vehicle Age (New Vehicles, Used Vehicles) and Application (Personal, Commercial): Global Opportunities […]
Lindsay Robinson, executive director of the California Cannabis Industry Association, attributed the legislative success to “people being more comfortable with cannabis politics” six years after voters approved recreational use in Golden. State. (Credit: Jason Doiy/The Recorder) California’s legislative session has come to a close, wrapping up what has been a productive eight months for the […]
Death benefit The death benefit is payable to the beneficiary of the insured, if he dies during the term of the policy. The death benefit is the total of the sum insured, guaranteed supplements and premiums (if any). Maturity benefit This benefit is payable to the policyholder if the term of the contract expires. This […]
FORT WORTH, Texas (AP) — A federal judge ruled Wednesday that required coverage of an HIV prevention drug under the Affordable Care Act violates a Texas employer’s religious beliefs and undermines the system more broad that determines which preventive medications are covered in the United States. The ruling was made by Fort Worth-based U.S. District […]
The pill that violates your religious rights… apparently. You read that title correctly. Supposedly someone taking medication to protect their own personal health is a violation of someone else’s religious freedom. And make no mistake: it affects more than just LGBTQIA+. It is a public health problem that concerns ALL of us. X A Texas […]
With a focus on the Global Private Passenger Car Insurance Market and the expansion and general trends of the market for 2022-2030, Marketreports.info reports on the major elements and current trends of the market. There is a projected revenue for private passenger auto insurance over the period 2022-2030 (2022 is used as the starting point […]
mini Dematerialization consists of converting a physical font document into an editable online object. This means that a person will no longer need to indulge in paperwork at the time of policy renewal. The Insurance Regulatory and Development Authority of India (IRDAI) has made dematerialization of new insurance policies mandatory by December 2022, sources have […]
(DC News Now) – As more drivers opt for car insurance policies that monitor driving behavior, according to a recent report from JD Power, consumers can save on monthly rates if they drive in completely safe. Auto insurance rates from at least two major insurance companies have increased in the district, and usage-based auto insurance […]
The demand for cyber insurance policy is increasing as the awareness of ransomware attacks, malware attacks compromise emails leading to huge losses for businesses. Moreover, the quantum of losses due to cyberattacks is also increasing year by year. The wave of cyberattacks in recent years has made cybersecurity a top priority for Indian CEOs. Businesses […]
Korrawin/Getty Images/iStockphoto The shift from commuting to working from home during the pandemic was an unexpected financial blessing for most, especially when gas prices were at their peak. See: What is the highest income for food stamps in 2022?Find: 22 side gigs that can make you richer than a full-time job For drivers, working from […]
BERWYN, Pa., Sept. 06, 2022 (GLOBE NEWSWIRE) — Positive Physicians Insurance Company, (“Positive”), a leading professional liability insurer serving healthcare providers in 10 states, and Preverity, Inc. , the nation’s preeminent analytics tool specializing in improving risk prediction for medical malpractice insurers and healthcare systems, today announced a partnership that will see Positive implement Preverity’s […]
Term insurance is an excellent financial tool to secure your family’s financial future in the event of unforeseen events. In this article, we’ll look at how term life insurance works, its benefits, and its importance in providing financial security for the lives of your loved ones. What is a term insurance policy? A term insurance […]
Platinum Insurance, a leading auto insurance provider, has announced new customizable coverages for its customers at affordable prices. These coverages are also available for uninsured motorists and underinsured motorists. Platinum Insurance – Auto Insurance Company, based in Mentor, Ohio, has just announced its new customizable coverages. With a wide range of options to choose from, […]
This Property and Casualty Car Insurance Price Comparison Websites Research Report will give you in-depth information about the Price comparison websites for the property and casualty car insurance market and it will also help you in strategic decision making. The final research document on property and casualty car insurance price comparison websites is an extensive […]
LifeTech announced that a U.S. Food and Drug Administration (FDA)-cleared, investigator-initiated, pre-marketing clinical trial of its proprietary Lambre Plus Left Atrial Appendage (LAA) Closure System has obtained medical insurance coverage in the United States. This should facilitate the process of commercializing and registering the innovative device in the United States […]
Marc Hyden is the Director of State Government Affairs at the R Street Institute. You can follow him on Twitter at @marc_hyden. For those of you with car insurance, I have bad news and even worse news. Insurance rates for many drivers are rising due to a confluence of factors, and some government officials apparently […]
According to a JD Power report, more and more consumers are buying new car insurance in response to rising inflation and high gas prices. (iStock) According to a recent report by JD Power, high gas prices and other inflation issues have caused more drivers to seek out new auto insurance in an effort to lower […]
By Anshul 05 Sep 2022, 15:40 STI (Update) mini Personal accident insurance is useful for obtaining financial assistance for you and your family in the event of an accident resulting in death and bodily injury. Read on to understand the details Prominent businessman and former chairman of Tata Sons Cyrus Mistry died in a road […]
Neran Persaud says neighbors and community were more reliable in responding to devastating storm MOUNTAIN VIEW COUNTY — One of the Bergen-area residents whose property suffered extensive damage from the July 7 tornado-producing storm says neighbors and the surrounding community have been more reliable in providing support than governments local or provincial. Neran Persaud, who […]
Most of us understand the importance of credit scores in our financial life. You probably understand the importance of credit if you’ve ever applied for a credit card, a loan, or even rented/bought a house. There are a few situations where loan applications can negatively affect credit scores. Of course, this begs the question, “What […]
Richard Cleri and Karren Nash, owners of Southeast Regional Insurance. Most people buy car or home insurance and never look at it again. South East Regional Insurance owner Richard Cleri insists repurchasing insurance is something people should do every year because it can end up saving them a lot of money. After eight years of […]
Earlier this week, we told you about the Tesla crash test of the insurance company AXA. Essentially, the company ran over an older Tesla Model S, which flipped over and caught fire. The aim was to show that the batteries of electric vehicles could catch fire if the chassis of the car was scratched. Now […]
More than 50 auto insurance companies choose to do business in Michigan since changes to state no-fault auto insurance were passed by a bipartisan group of lawmakers and signed into law by the governor in 2019. Michigan Insurance Alliance said the number of new businesses in the state is creating more competition to cut costs. […]
SINGAPORE – Cancer patients who are not on the cancer drug list, and therefore no longer insurable by MediShield Life since Thursday, will receive government support to complete their treatment. Health Minister Ong Ye Kung gave the pledge to patients who started these treatments on or before Wednesday. “We need to prevent them from seeing […]
Monkeypox health insurance: Even as the fear and number of Covid cases have begun to subside after two long years, medical experts have already issued a warning about a new virus threat – Monkeypox. Although India’s cases are currently well below 9 compared to the global tally of around 19,000, the disease has still managed […]
Universal life insurance is a type of permanent policy where you can adjust your premiums or your death benefit, according to certain parameters. Some people prefer it over whole life insurance because it’s generally less expensive, but can still create cash value and provide coverage for life. State Farm universal life insurance policies provide lifetime […]
Carjackings threaten public safety and increase insurance rates Auto thefts and the wave of carjackings the DC area has been facing since late 2020 aren’t just impacting public safety — they can also hurt wallets. WASHINGTON – Two days after a man told FOX 5 his brand new Honda Accord Hybrid was stolen from a […]
ZURICH/STRATHROY, ON, SEPTEMBER 1, 2022 /insPRESS/ – HT&C Mutual Insurance Company, serving Huron, Middlesex, Perth, Lambton and Elgin counties, announces its name change to AXIOM Mutual Insurance Company effective September 1, 2022. Deeply rooted in the communities they serve; HT&C Mutual Insurance Company was launched in January 2021 as a merger between Hay Mutual Insurance […]
KATHMANDU, September 1: Finance Minister Janardan Sharma has instructed the Beema Samiti (Insurance Board) to extend insurance coverage to remote areas. Inaugurating the council’s provincial office in Surkhet as part of a program here today, the minister urged the Samiti to ensure people in outlying areas have access to insurance covers. “The majority of Karnali’s […]
AVITA Medical Reimbursement in Japan will be similar to pricing in the United States VALENCIA, Calif. and MELBOURNE, Australia, Sept. 01, 2022 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a leading regenerative medicine company in the development and commercialization of cellular devices and therapies autologous for skin restoration, today announced that COSMOTEC, […]
Property and auto insurance purchases in the second quarter of 2022 were generally subdued with variations in some segments, according to the latest trends and outlook report from TransUnion, the global information and information. The quarterly report found that home insurance purchases increased only slightly (4%) compared to the same period last year, mainly due […]
As homeowners struggle to find coverage, insurance regulators are considering lifting a $700,000 cap on policies sold by the state-backed Citizens Property Insurance Corp. Citizens are prohibited by law from providing so-called “replacement cost” coverage over $700,000 for homes, except in Miami-Dade and Monroe counties, where the limit is $1 million. of dollars. But as […]
BATAVIA – There will be a health insurance presentation at the Western Regional Off-Track Betting Corporation (WROTB) this month as a WROTB attorney continues to negotiate with the state regarding health insurance. “The (Board) has asked me and the leadership to come back to them in September with a plan to address Western Regional’s health […]
BATAVIA – There will be a health insurance presentation at the Western Regional Off-Track Betting Corporation (WROTB) this month as a WROTB attorney continues to negotiate with the state regarding health insurance. “The (Board) has asked me and the leadership to come back to them in September with a plan to address Western Regional’s health […]
Courtesy of Sturti/iStock When you’re a business owner, getting business insurance is essential, no matter the size of your business. Professional liability insurance policies — also known as errors and omissions (E&O) insurance — help cover you against potentially catastrophic financial events, such as a lawsuit from a client. Without the right insurance, you may […]
TALLAHASSEE — As homeowners struggle to find coverage, insurance regulators are considering lifting a $700,000 cap on policies sold by the state-backed Citizens Property Insurance Corp. Citizens are prohibited by law from providing so-called “replacement cost” coverage over $700,000 for homes, except in Miami-Dade and Monroe counties, where the limit is $1 million. of dollars. […]
Insurtech startup Fairmatic, founded by Israeli Jonathan Matus, a former Android and Facebook mobile executive, has announced the raising of a $42 million Series A funding round. Fairmatic grew out of Zendrive, the world’s largest driving analytics company, of which Matus is also a co-founder. Fairmatic’s Series A was led by Foundation Capital, along with […]
Fueled by oversubscribed Series A, global insurtech emerges from stealth with C-suite of insurance and technology innovators to transform performance-priced fleet insurance NEW YORK and BANGALORE, India and TEL AVIV, Israel, August 31, 2022 /PRNewswire/ — Insurtech 2.0 company Fairmatic today unveils a unique offering that ushers in an unconventional approach to fleet insurance, focused […]
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PHOENIX (3TV/CBS 5) — Vince Melchionno says that’s not how his garden should look. “Those are things that I had to remove,” Vince told On Your Side as he showed us around his garden. “The carpet, the furniture, the flooring. Everything is here. Following a recent flood in his Phoenix home, Melchionno had to rip […]
According to cybersecurity insurance experts at KordaMentha, cyber insurance coverage may not be nearly as comprehensive as initially thought. A recent Australian court ruling found that car dealer and service company Inchcape could not claim costs incurred for cleanup and recovery after a cyberattack. According KordaMentha analysts, the Inchcape case is a clear example of […]
To print this article, all you need to do is be registered or log in to Mondaq.com. What businesses need to know as cyber insurance evolves. Many Australian businesses are faced with the painful realization that their cyber insurance coverage may not be as comprehensive as initially believed. Recent cases reveal unrealistic expectations of cyber […]
An insurance company has simulated a Tesla battery fire and crash as part of a bizarre showcase to show that electric cars cause more accidents. Tesla vehicles have been tested by numerous automotive safety agencies around the world, including the Insurance Institute for Highway Safety (IIHS), which recently awarded the Tesla Model Y its highest […]
Mike Foster has been keeping ‘bad guys from hooking up’ for 25 years. Cybersecurity specialist, CEO of the Foster Institute and author of The Secure CEO: How to Protect Your IT Systems, Your Business, and Your WorkFoster has consulted with organizations across North America and given speeches around the world on cybersecurity issues. Foster’s goal […]
Last week, the Orange County Board of Supervisors suspended a vote on whether to change a county law to allow CalOptima, the county’s largest health insurer, to offer private insurance plans directly to consumers. CalOptima is the largest county-organized health care system in California, providing health care to low-income residents. The system serves about 911,000 […]
OLDWICK, NJ–(BUSINESS WIRE)–AM Best revised the outlook from stable to positive and affirmed the financial strength rating of A- (Excellent) and the long-term credit rating of “a-” (Excellent) of West Indies Insurance Company (West Indies) (San JuanPR). These credit ratings (ratings) reflect the strength of Antilles’ balance sheet, which AM Best assesses as very strong, […]
JERSEY CITY, NJ–(BUSINESS WIRE)–#Loop—Buckle, the financial services company providing auto insurance solutions for the gig economy, and InsureScan, an upcoming auto insurance specialist, have entered into a managing general agency (MGA) agreement supporting drivers in Alabama. Under the agreement, InsureScan underwrites non-standard auto insurance policies using Gateway Insurance, one of Buckle’s insurers, as the licensed […]
JERSEY CITY, NJ–(BUSINESS WIRE)–Buckle, the financial services company providing auto insurance solutions for the gig economy, and InsureScan, an upcoming auto insurance specialist, have entered into a managing general agency (MGA) agreement supporting drivers in Alabama. Under the agreement, InsureScan underwrites non-standard auto insurance policies using Gateway Insurance, one of Buckle’s insurers, as the licensed […]