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15 05, 2020

California Expands Order for Insurers to Partially Refund Premiums

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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

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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

Florida’s Capitol Preferred to Shed Nearly 24K Policies; Regulator to Oversee Operations

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Capitol Preferred Insurance Co., one of the top writers of homeowners insurance in Florida, has received approval from the state’s insurance regulator to shed 23,800 policies just weeks before the start of hurricane season. In a March 12 consent order, …

15 05, 2020

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

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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

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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

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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

Typhoon Vongfong Tests Philippines’ Ability to Protect Evacuees from Coronavirus

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Typhoon Vongfong forced more than 150,000 people in the Philippines to leave their homes, risking coronavirus infection as they move to usually packed shelters. Intense rains and strong winds damaged houses and crops as the first typhoon to enter the …

15 05, 2020

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

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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

Business Interruption Claimants Like How Some Localities Worded Emergency Orders

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Cities and counties across the country may have handed plaintiff’s attorneys an argument to use in lawsuits against insurers that seek business-interruption coverage for losses caused by coronavirus closure orders. Jurisdictions as far asunder as Los Angeles, Calif. and Key …