EU Plans to Ease Capital Rules for Insurers to Provide €120 Billion Economic Boost September 22, 2021 By Huw Jones The European Union proposed changing the bloc’s capital rules for insurers on Wednesday to release 120 billion euros ($141 billion)...
HSB Canada Introduces Cyber Coverage for Small Businesses September 22, 2021 HSB Canada, part of Munich Re, has introduced HSB Cyber Suite, a comprehensive collection of cyber insurance and services designed...
Broker/Fintech Provider Acrisure Buys New York-Based Tempo Title September 22, 2021 Acrisure, the global insurance broker and fintech services provider, announced it has entered the real estate services business through its...
Maryland Couple Indicted in $20M Insurance Fraud Scheme September 22, 2021 A federal district court in Baltimore, Maryland, unsealed an indictment charging a Maryland couple with conspiracy to commit insurance fraud...
In Changing Housing Market, Home Insurers Struggle with Customer Loyalty: Study September 22, 2021 Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of...
Questions on $16B Plan to Ease Back Bay Flooding at New Jersey Shore September 22, 2021 By Wayne Parry A proposed $16 billion billion plan to address back bay flooding, one of the major sources of storm damage at...
New Hampshire Governor Asks for Second Disaster Declaration After More Storms September 22, 2021 New Hampshire Governor Chris Sununu on Monday requested a federal disaster declaration for New Hampshire as a result of storms...
Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI September 22, 2021 Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor...
Cyber Insurtech BOXX Raises US$10M From Zurich Insurance and 2 Other Investors September 22, 2021 BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7...
Honeywell and Asbestos Trust Countersue Over Disputed Claims of $2.3 Billion September 22, 2021 By Steven Church Honeywell International Inc. sued a trust for victims of asbestos poisoning, claiming the fund’s managers are wrongly paying people who...