News Center
News – Insurance Journal
EU Plans to Ease Capital Rules for Insurers to Provide €120 Billion Economic Boost
The European Union proposed changing the bloc’s capital rules for insurers on Wednesday to release 120 billion euros ($141 billion) for repairing an economy hit by COVID and to meet climate goals without eroding policyholder protection. Britain, which is home …
POSTED SEPTEMBER 22, 2021 2:43 PM |
HSB Canada Introduces Cyber Coverage for Small Businesses
HSB Canada, part of Munich Re, has introduced HSB Cyber Suite, a comprehensive collection of cyber insurance and services designed to protect small and medium-size businesses from cyber-attacks, data breaches, identity theft, and cyber extortion. HSB Cyber Suite is a …
POSTED SEPTEMBER 22, 2021 2:11 PM |
Broker/Fintech Provider Acrisure Buys New York-Based Tempo Title
Acrisure, the global insurance broker and fintech services provider, announced it has entered the real estate services business through its acquisition of Tempo Title, one of the largest private title insurance and settlement service providers in the United States. Financial …
POSTED SEPTEMBER 22, 2021 1:55 PM |
Maryland Couple Indicted in $20M Insurance Fraud Scheme
A federal district court in Baltimore, Maryland, unsealed an indictment charging a Maryland couple with conspiracy to commit insurance fraud and related charges for money laundering, filing false tax returns and identity theft. The indictment charges that from 1996 to …
POSTED SEPTEMBER 22, 2021 1:38 PM |
In Changing Housing Market, Home Insurers Struggle with Customer Loyalty: Study
Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, a new study by J.D. Power, 2021 U.S. Home Insurance, reveals. About …
POSTED SEPTEMBER 22, 2021 1:37 PM |
Questions on $16B Plan to Ease Back Bay Flooding at New Jersey Shore
A proposed $16 billion billion plan to address back bay flooding, one of the major sources of storm damage at the Jersey Shore, is raising concerns about where water would go during storms, whether barriers proposed as part of it …
POSTED SEPTEMBER 22, 2021 1:35 PM |
New Hampshire Governor Asks for Second Disaster Declaration After More Storms
New Hampshire Governor Chris Sununu on Monday requested a federal disaster declaration for New Hampshire as a result of storms and flooding that happened July 29-Aug. 2, a week after he asked for one covering storms from mid-July. Sununu’s letter …
POSTED SEPTEMBER 22, 2021 1:26 PM |
Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI
Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor claims efficiencies with real-time damage assessment and estimation. “Swiss Re Solutions aims to deliver world leading claims management capabilities to …
POSTED SEPTEMBER 22, 2021 12:19 PM |
Cyber Insurtech BOXX Raises US$10M From Zurich Insurance and 2 Other Investors
BOXX, the Toronto-based cyber insurer for small businesses, individuals and families, announced it has closed its oversubscribed US$10 million (C$12.7 million) Series A-round in a bid to accelerate growth and expand its footprint internationally. The new investors are Cyber Mentor …
POSTED SEPTEMBER 22, 2021 11:06 AM |
Honeywell and Asbestos Trust Countersue Over Disputed Claims of $2.3 Billion
Honeywell International Inc. sued a trust for victims of asbestos poisoning, claiming the fund’s managers are wrongly paying people who say they were harmed by the toxic industrial substance. The lawsuit, filed in Pittsburgh, comes after years of acrimony between …
POSTED SEPTEMBER 22, 2021 10:45 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does The Anderson Insurance Agency, Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|