The drumbeat for insurtechs to pursue a merger, acquisition or partnership is getting louder, with the number likely to substantially grow in the months ahead, an insurance industry expert believes. “InsurTech is reaching a point where [startups] must decide whether …
Claims adjuster, Agop Sarafian, 65, of La Crescenta, Calif., and chiropractor, Shahe Topjian, D.C. 65, of Granada Hills, Calif., were arrested on felony insurance fraud charges after allegedly conspiring to defraud Sarafian’s employer, the State Compensation Insurance Fund, by setting …
The election is nearly here, and while it’s been quite a year all around, things could have been worse for the insurance industry. When the year started, insurance industry lobbyists were facing a big battle, and not just COVID-19. As …
Federal health officials Wednesday issued insurance coverage rules designed to deliver on the promise that every American will have access to free COVID-19 vaccines when they are approved. The regulations from the Centers for Medicare and Medicaid Services, or CMS, …
Oct 28 06:10 PM. Hurricane Zeta smashed into Louisiana on Wednesday with 110-mile-per-hour (175 kph) winds and what government trackers called “a life-threatening storm surge,” the third hurricane to hit the U.S. Gulf Coast state this year. Zeta’s extremely dangerous …
Big Tech’s decisions to block some posts and videos while letting other content viewed as inflammatory proliferate have drawn the ire of Republicans and Democrats alike, raising the prospect that a 24-year-old U.S. law that fostered the internet’s explosion will …
CoreLogic Inc. is in discussions with CoStar Group Inc. and a consortium consisting of Warburg Pincus and GTCR about a potential takeover, valuing the company at more than $80 a share, according to a person familiar with the matter. CoStar …
Decisions on where and how to work are embodied in trillions of dollars of investment worldwide, including the siting of commercial and residential real estate as well as transportation systems and other infrastructure. Even a small shift in work patterns …
Democratic presidential candidate Joe Biden has received more funds from insurance industry political committees than President Donald Trump in this 2020 election cycle. Biden has received $5.5 million compared to Trump’s $4.6 million, according to an analysis from the Center …
Chubb’s net income grew by 9 percent in the 2020 third quarter, which CEO Evan Greenberg credited to rate hikes and improving underwriting conditions despite a tough environment shaped by the COVID-19 pandemic. The tough environment also included pre-tax catastrophe …