Brown & Brown CEO Sees ‘Sporadic’ Economic Recovery Ahead After Own COVID Recovery July 29, 2020 By Andrew G. Simpson Insurance broker Brown & Brown, Inc. reported second quarter revenues of $598.8 million, an increase of $23.6 million, or 4.1%,...
Moped Sharing Firm Revel Halts New York Service After Second Reported Death July 29, 2020 Electric moped sharing service Revel said on Tuesday it was suspending service in New York after a string of accidents...
South Korea Investigates Suspected Safety Issues with Tesla Vehicles July 29, 2020 South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing...
Man Arrested in Connection with Delaware Church Fire Causing $250K in Damages July 29, 2020 A Delaware man has been accused of setting multiple fires inside a church sanctuary. The Delaware State Fire Marshal’s office...
First American Insurance Agency Acquires Massachusetts’ Morin & Foy July 29, 2020 First American Insurance Agency, an independent insurance firm, has acquired Morin & Foy, a property and casualty firm situated in...
InsurTech NY Opens Applications for October Cohort July 29, 2020 InsurTech NY has announced that it will be accepting applications for its growth-stage InsurTech accelerator. The application window will be...
Aon and Insurtech Skytek Collaborate to Track Marine Assets During Hurricane Season July 29, 2020 With the National Oceanic and Atmospheric Administration (NOAA) warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon...
Analysis: Fintech Funding Slides as Coronavirus Casts a Chill with Venture Capitalists July 29, 2020 By Iain Withers, Anna Irrera and Tom Wilson Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it’s a tough time to be seeking up...
First Insurance Company of Hawaii Launches Admitted Parametric Product July 29, 2020 First Insurance Company of Hawaii (FICOH) has launched a parametric product for Hawaii homeowners and renters. The FirstTrack product provides...
S. African Insurers Bow to Policyholder Demands to Pay COVID Biz Interruption Relief July 29, 2020 By Roxanne Henderson South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation’s lockdown. Momentum...