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28 05, 2020

Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil

By | May 28th, 2020|Uncategorized|Comments Off on Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil

Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to the Brazilian market. Recent regulatory changes in Brazil have enabled insurers to offer on-demand insurance products to consumers and businesses …

28 05, 2020

Workers’ Compensation Insurtech Pie Raises $127 Million With Plan to Acquire Carriers

By | May 28th, 2020|Uncategorized|Comments Off on Workers’ Compensation Insurtech Pie Raises $127 Million With Plan to Acquire Carriers

Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the insurtech’s current investors in the capital raise, including Greycroft, SVB Capital, Aspect Ventures, Elefund, and Sirius International Insurance …

28 05, 2020

Massachusetts Division of Insurance Urges Carrier Flexibility with Vacancy Provisions

By | May 28th, 2020|Uncategorized|Comments Off on Massachusetts Division of Insurance Urges Carrier Flexibility with Vacancy Provisions

The Massachusetts Division of Insurance has notified all property and casualty insurance carriers in the state that they are expected to take steps to preserve insurance coverage for businesses ordered to shut down due to the coronavirus crisis. “Insurance coverage …

28 05, 2020

Australia’s 4 Summer Natural Disasters Cost Insurers More Than US$3.44 Billion

By | May 28th, 2020|Uncategorized|Comments Off on Australia’s 4 Summer Natural Disasters Cost Insurers More Than US$3.44 Billion

The cost of insurance claims from four natural catastrophes during Australia’s 2019-2020 summer has passed A$5.19 billion (US$3.44 billion), said the Insurance Council of Australia (ICA). Thousands of new claims and property loss assessments have pushed total claims to more …

28 05, 2020

Rhode Island Hosts Forums for Businesses Planning to Reopen

By | May 28th, 2020|Uncategorized|Comments Off on Rhode Island Hosts Forums for Businesses Planning to Reopen

State officials have planned a series of virtual forums this week for the owners and operators businesses that will be allowed to reopen next week as Rhode Island’s economic restart continues. The forums being hosted by the Rhode Island Commerce …

28 05, 2020

Moore Named President of Austin Association of Insurance Professionals

By | May 28th, 2020|Uncategorized|Comments Off on Moore Named President of Austin Association of Insurance Professionals

Robby Moore, with PLUS Inc. in Austin, Texas, has been installed as president of the Austin Association of Insurance Professionals for 2020/21. The 2020/21 officers and directors for AAIP were installed in virtual ceremony on May 19. In addition, the …

28 05, 2020

Missouri’s Skyline Risk Management Joins Midwest Insurance Agency Alliance

By | May 28th, 2020|Uncategorized|Comments Off on Missouri’s Skyline Risk Management Joins Midwest Insurance Agency Alliance

Midwest Insurance Agency Alliance, Inc. (MIAA), a network of independent insurance agencies across seven states, has added Skyline Risk Management of Independence, Missouri, as a member of the agency group. Skyline Risk Management was founded by President Daniel Cooper and …

28 05, 2020

Tornadoes Rake Parts of Iowa in 2 Days of Severe Weather

By | May 28th, 2020|Uncategorized|Comments Off on Tornadoes Rake Parts of Iowa in 2 Days of Severe Weather

At least four tornadoes raked parts of Iowa on May 26, the National Weather Service confirmed, to give the state a second day of severe weather. All of the tornadoes appeared to be weak and in mostly uninhabited areas that …

28 05, 2020

Heavy Rains Cause Flooded Streets in South Florida

By | May 28th, 2020|Uncategorized|Comments Off on Heavy Rains Cause Flooded Streets in South Florida

South Florida streets flooded Tuesday following several days of heavy rains and thunderstorms. The National Weather Service in Miami issued flash flood warnings in parts of Miami-Dade and Broward counties that were set to last into the night. Tuesday morning …

28 05, 2020

OSHA Cites, Fines Texas Chemical Plant Owner $514.6K After Explosions, Fire

By | May 28th, 2020|Uncategorized|Comments Off on OSHA Cites, Fines Texas Chemical Plant Owner $514.6K After Explosions, Fire

A chemical manufacturer has been cited by federal officials for workplace safety hazards and fined more than $500,000 after a fire and explosions at its Port Neches, Texas, plant in November 2019. The U.S. Department of Labor’s Occupational Safety and …