Latest Boy Scouts Bankruptcy Plan Increases Victims’ Fund, Drops Insurer’s $650M Offer June 23, 2021 By Randall Chase The latest bankruptcy plan filed by the Boy Scouts of America increases the contributions from the BSA and its local...
FAA Makes It Easier for Staff Overseeing Manufacturers to Report Safety Concerns June 23, 2021 By David Shepardson The U.S. Federal Aviation Administration (FAA) said Monday it has launched a program to help make it easier for staff...
Honeycomb, Digital MGA for Multi-Family Property Insurance, Launches with $3.3M June 23, 2021 By Andrew G. Simpson Honeycomb, a managing general agent (MGA) for commercial real estate insurance, announced its North American launch following a $3.3M million...
Insurer Begins Accepting Cryptocurrency for Premium Payments June 23, 2021 Michigan-based Universal Fire & Casualty Insurance Co. has started accepting cryptocurrency for premium payments. The company, which insures small businesses...
Insuring Cyber Podcast: How Insurtechs Are Helping Insurers Bridge the Digital Divide June 23, 2021 By Elizabeth Blosfield As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how insurtechs...
Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’ June 23, 2021 By Alwyn Scott Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime —and the...
Extreme Weather, Repair Woes to Push Property Insurance Higher: Hippo CEO June 23, 2021 By Noor Zainab Hussain and Carolyn Cohn Extreme weather events and shortage of labor and materials for repairs will push property insurance rates higher in the next...
Beazley Introduces Digital Map to Navigate Telehealth Regulatory Landscape June 22, 2021 Specialist insurer Beazley is now offering the telehealth sector a new tool designed to help navigate the complex digital health...
Regulator Objects But Court Clears Bid for $200M From Liquidated Insurer’s Owners June 22, 2021 By Jim Sams Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint...
Supreme Court Adds Check on Patent Tribunal Judges, Giving Director Review Power June 22, 2021 By Andrew Chung The U.S. Supreme Court on Monday allowed a U.S. Patent and Trademark Office tribunal that has gained a reputation for...