Not All Homes in Wildfire Zones Are Uninsurable. Here’s How Insurers Can Tell. May 22, 2020 By Jim Sams Fire-risk scores now used by insurance underwriters can sometimes can make it challenging for homeowners to find coverage. Zesty.ai, a...
Insurers, Agents Propose Pandemic Business Relief Plan; Plaintiffs Offer BIG Compromise May 22, 2020 Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have...
Some of Hand Sanitizer Purell’s Claims Called Misleading, Draw Lawsuits May 22, 2020 By Bob Van Voris and Gerald Porter Jr. Everyone’s favorite hand sanitizer may have to stand trial for claiming it can stop you from getting sick. A trio...
SelectQuote Raises $350M in IPO; Shares Jump 40% in Market Debut May 22, 2020 By Abhishek Manikandan Shares of SelectQuote Inc. jumped more than 40% in their stock market debut on Thursday, giving the insurance policy comparison...
Federal Coronavirus Business Interruption Suits Now Top 100; Many More Expected May 22, 2020 By Jim Sams A federal court has received notice that 101 lawsuits have been filed as of Wednesday seeking coverage from insurers for...
Report: Financial Community Sees Climate Risk as Improperly Priced May 21, 2020 By Don Jergler Climate risk is widely seen in the financial community as being improperly priced. A recent survey with an emphasis on...
Cyber Seller Coalition Counters Insurtech Funding Dip, Raises $90 Million for Expansion May 21, 2020 By Mark Hollmer Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture...
COVID-19 Contact Tracing Apps Proving Not Much of a Help Thus Far May 21, 2020 By Matt O'Brien, AP Technology Writer Harnessing today’s technology to fight the coronavirus pandemic is turning out to be more complicated than it first appeared. The...
Safety Probe Cites ‘Poor Safety Culture’ for Fatal Air Ambulance Crash May 21, 2020 A lax safety culture at an air ambulance company led to the crash of a medical helicopter last year in...
Woodruff Sawyer CEO Barrengos Named CEO, Chairman; Loar Now Chairman Emeritus May 21, 2020 San Francisco, Calif.-based Woodruff Sawyer today announced Andy Barrengos has been appointed CEO and chairman by the board of directors....