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...
China Will Not Build Coal-Fired Power Plants Abroad, Says Xi, in Climate Pledge September 22, 2021 By Valerie Volcovici, David Brunnstrom and Michelle Nichols UNITED NATIONS — Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad,...
New Zealand Raises Fines for People and Companies that Break COVID-19 Rules September 22, 2021 WELLINGTON – New Zealand on Friday [Sept. 17] announced higher fines of up to NZ$12,000 ($8,400) for individuals breaching coronavirus...
Karen Clark & Co. Releases Version 1.0 of U.S. Wildfire Model September 22, 2021 Karen Clark & Co. (KCC), the Boston-based catastrophe modeling company, announced it has released Version 1.0 of its high-resolution U.S....
Biden Administration Targets Crypto Pipelines in Fight Against Ransomware Attacks September 22, 2021 By Kartikay Mehrotra and Jennifer Jacobs The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it...