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13 10, 2020

InsurTech NY Announces Its 2020 Accelerator Cohort

By | October 13th, 2020|Uncategorized|Comments Off on InsurTech NY Announces Its 2020 Accelerator Cohort

InsurTech NY, an InsurTech community in the New York metro area, has announced its growth-stage InsurTech accelerator cohort. The 22 startups were selected to participate in its insurance carrier and broker sponsored program that focuses on providing resources to support …

13 10, 2020

InsuraGuest to Offer Crum & Forster BOP Coverage to 130+ Classes Via Web Portal

By | October 13th, 2020|Uncategorized|Comments Off on InsuraGuest to Offer Crum & Forster BOP Coverage to 130+ Classes Via Web Portal

InsuraGuest Technologies, Inc. through its wholly owned U.S. subsidiary Insure The People, LLC (ITP), has launched a new business owner policy (BOP) insurtech portal, www.InsureThePeople.com that is available to more than 130 class codes. ITP is powered by InsuraGuest’s insurtech …

13 10, 2020

Crisis Within a Crisis: How COVID-19 is Driving the Opioid Epidemic

By | October 13th, 2020|Uncategorized|Comments Off on Crisis Within a Crisis: How COVID-19 is Driving the Opioid Epidemic

While the current national health conversation has largely centered on the COVID-19 pandemic, which has resulted in more than 200,000 deaths in the U.S. alone and more than a million worldwide according to recent World Health Organization (WHO) data, another …

13 10, 2020

With Tech Tools Galore, It’s an Exciting Time for Insurtech McKenzie Intelligence

By | October 13th, 2020|Uncategorized|Comments Off on With Tech Tools Galore, It’s an Exciting Time for Insurtech McKenzie Intelligence

Advanced technological tools are making it an exciting time to be an insurtech – and an exciting time for those insurers and reinsurers that want to more accurately assess the risks on their books, according to Forbes McKenzie, CEO of …

13 10, 2020

Judge Tells PG&E to Explain Role in Zogg Fire in California Last Month

By | October 13th, 2020|Uncategorized|Comments Off on Judge Tells PG&E to Explain Role in Zogg Fire in California Last Month

PG&E Corp was ordered by a U.S. district judge to explain its role in the ignition of the Zogg Fire in California last month, according to a court order filed on Monday. Last week, the California Department of Forestry and …

8 10, 2020

Exiting Insurers, Premium Hikes Frustrate Canada’s Struggling Hospitality Industry

By | October 8th, 2020|Uncategorized|Comments Off on Exiting Insurers, Premium Hikes Frustrate Canada’s Struggling Hospitality Industry

Canadian hospitality businesses, already reeling from the downturn sparked by the coronavirus pandemic, are facing yet another existential threat as insurance companies spike premiums or exit the space, citing losses and the sector’s risks. Even before COVID-19, insurers globally were …

13 10, 2020

Tropical Storm Nangka Forces Suspension of Markets, Closure of Businesses

By | October 13th, 2020|Uncategorized|Comments Off on Tropical Storm Nangka Forces Suspension of Markets, Closure of Businesses

Hong Kong scrapped trading of stocks and bonds Tuesday after tropical storm Nangka prompted authorities to shutter businesses and close schools. The move came after the Hong Kong Observatory kept its storm signal at No. 8, the third-highest on its …

9 10, 2020

Pennsylvania’s Erie Insurance Announces Senior Leadership Changes

By | October 9th, 2020|Uncategorized|Comments Off on Pennsylvania’s Erie Insurance Announces Senior Leadership Changes

Erie Insurance, based in Erie, Penn., has announced a series of senior leadership changes within the Claims, Sales & Products and Information Technology divisions. The organizational changes are in conjunction with the January 2021 retirement of Chris Zimmer, senior vice …

13 10, 2020

New York City Coronavirus Rule Violations Net $150K in Fines

By | October 13th, 2020|Uncategorized|Comments Off on New York City Coronavirus Rule Violations Net $150K in Fines

New York City handed out 62 tickets amounting to more than $150,000 in fines during a weekend crackdown on violators of newly imposed restrictions in coronavirus hot spots, the city government Twitter account said Sunday. Among those issued summons by …

8 10, 2020

Hedge Funds Returning to Insurance as Premiums Rise

By | October 8th, 2020|Uncategorized|Comments Off on Hedge Funds Returning to Insurance as Premiums Rise

Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocking back, drawn by sharp premium increases which are lifting the sector’s post-coronavirus prospects. Insurers faced a …