News – Insurance Journal

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15 05, 2020

California Expands Order for Insurers to Partially Refund Premiums

By | May 15th, 2020|Uncategorized|Comments Off on California Expands Order for Insurers to Partially Refund Premiums

California Insurance Commissioner Ricardo Lara today issued a bulletin extending his previous order requiring insurance companies to return partial insurance premiums to consumers and businesses amid the ongoing COVID-19 pandemic. The California Department of Insurance will review all premium adjustments …

15 05, 2020

Hub International Acquires Assets of Hatchett Insurance Agency of Tennessee

By | May 15th, 2020|Uncategorized|Comments Off on Hub International Acquires Assets of Hatchett Insurance Agency of Tennessee

Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Hatchett Insurance Agency, LLC (Hatchett Insurance). Terms of the transaction were not disclosed. Located in Winchester, Tenn., Hatchett Insurance is a family-owned independent insurance agency providing personal …

15 05, 2020

AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor

By | May 15th, 2020|Uncategorized|Comments Off on AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor

AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s 5000 hotels worldwide. As soon as July 2020, Accor’s guests will be able to benefit from advances in telemedicine through …

15 05, 2020

AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor

By | May 15th, 2020|Uncategorized|Comments Off on AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor

AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s 5000 hotels worldwide. As soon as July 2020, Accor’s guests will be able to benefit from advances in telemedicine through …

15 05, 2020

Generali and Insurtech Descartes Underwriting to Develop Parametric Insurance Cover

By | May 15th, 2020|Uncategorized|Comments Off on Generali and Insurtech Descartes Underwriting to Develop Parametric Insurance Cover

Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop parametric products designed to help close the growing insurance protection gap. This collaboration combines GC&C’s technical capabilities in the corporate …

15 05, 2020

New York’s Simco Insurance Center Joins Satellite Agency Network Group

By | May 15th, 2020|Uncategorized|Comments Off on New York’s Simco Insurance Center Joins Satellite Agency Network Group

Simco Insurance Center recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. Established in 2005, Simco Insurance Center is a family-owned business serving the insurance needs of families and businesses in western …

15 05, 2020

AXA’s Wattez-Richard Receives 1st Geneva Association Women-in-Insurance Award

By | May 15th, 2020|Uncategorized|Comments Off on AXA’s Wattez-Richard Receives 1st Geneva Association Women-in-Insurance Award

The first annual Geneva Association Women in Insurance Award has been presented to Garance Wattez-Richard, CEO of AXA Emerging Customers, for her work in tackling the insurance protection gap and protecting underserved populations in emerging markets. Wattez-Richard founded AXA’s Emerging …

15 05, 2020

Cyber Underwriting Firm Envelop Risk Raises $6 Million in Funding

By | May 15th, 2020|Uncategorized|Comments Off on Cyber Underwriting Firm Envelop Risk Raises $6 Million in Funding

Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million. The funding round was led by artificial intelligence specialist investor Alpha Intelligence Capital (AIC), with additional support from existing investors including …

15 05, 2020

Study Finds State, Local Measures Have Reduced Coronavirus Cases by 34 Million

By | May 15th, 2020|Uncategorized|Comments Off on Study Finds State, Local Measures Have Reduced Coronavirus Cases by 34 Million

A new report titled, “Strong Social Distancing Measures in the United States Reduced the COVID-19 Growth Rate” finds that steps taken to reduce the spread of corononavirus by state and local governments have had a major impact. The results imply …

15 05, 2020

California Music Venues Sue Insurer over Business Interruption Related to COVID-19

By | May 15th, 2020|Uncategorized|Comments Off on California Music Venues Sue Insurer over Business Interruption Related to COVID-19

San Francisco Bay Area-based music venue Ivy Room has filed a class action lawsuit on behalf of California-based music venues against a major insurance provider, saying the venues were wrongfully denied coverage for losses resulting from public health shutdowns related …