Uncategorized

/Uncategorized
9 07, 2021

Surfside Condo Collapse Rescue Workers Transition to Recovery Phase

By | July 9th, 2021|Uncategorized|Comments Off on Surfside Condo Collapse Rescue Workers Transition to Recovery Phase

A somber moment of silence marked the end of the two-week search for survivors of a Florida condominium collapse, as rescue workers stood at solemn attention and clergy members hugged a line of local officials while many of them sobbed. …

9 07, 2021

Tropical Storm Elsa Leaves One Dead in Florida, Several Injured at Georgia Navy Base

By | July 9th, 2021|Uncategorized|Comments Off on Tropical Storm Elsa Leaves One Dead in Florida, Several Injured at Georgia Navy Base

Tropical Storm Elsa was carving a destructive and soaking path up the East Coast after killing at least one person in Florida and spinning up a tornado at a Georgia Navy base that flipped recreational vehicles upside-down and blew one …

9 07, 2021

Columbia County, Georgia Fired Ruled Arson

By | July 9th, 2021|Uncategorized|Comments Off on Columbia County, Georgia Fired Ruled Arson

A recent fire In Columbia County, Georgia has been ruled arson, according to Insurance and Safety Fire Commissioner John F. King’s Fire Investigations Unit. The fire occurred on Sullivan Hartfield Road in Evans and was reported at approximately 6:43 p.m. …

9 07, 2021

Texas Windstorm Insurance Association Begins Annual Rate Filing Process

By | July 9th, 2021|Uncategorized|Comments Off on Texas Windstorm Insurance Association Begins Annual Rate Filing Process

The Texas Windstorm Insurance Association has begun its annual rate filing process, which will kick off with a July 21 meeting. TWIA’s Actuarial & Underwriting Committee is set to review the rate adequacy analysis prepared by the association’s actuarial staff. …

9 07, 2021

Scottish American Acquires Kaliff Insurance in Texas

By | July 9th, 2021|Uncategorized|Comments Off on Scottish American Acquires Kaliff Insurance in Texas

Scottish American has acquired Kaliff Insurance of San Antonio, Texas. Terms of the deal were not disclosed. Kaliff Insurance was founded by Morris H. Kaliff in 1917. Today, his grandson Mitchell Kaliff is the third-generation leader of the company. Kaliff …

9 07, 2021

Cardinal Health And AppleOne Settle California Harassment and Retaliation Suit for $1.45M

By | July 9th, 2021|Uncategorized|Comments Off on Cardinal Health And AppleOne Settle California Harassment and Retaliation Suit for $1.45M

Global health care services and products company Cardinal Health will pay $1.45 million to resolve a racial harassment and retaliation discrimination lawsuit filed by the U.S. Equal Employ­ment Opportunity Commission. Cardinal Health, along with California-based staffing agency AppleOne, have also …

9 07, 2021

Washington Adding Emergency Heat Exposure Rules for Outdoor Workers

By | July 9th, 2021|Uncategorized|Comments Off on Washington Adding Emergency Heat Exposure Rules for Outdoor Workers

The Washington State Department of Labor & Industries filed an emergency rule to provide increased protection for employees exposed to extreme heat, including those working in agriculture, construction and other outdoor industries. The emergency Outdoor Heat Exposure rule filed on …

2 07, 2021

Indian Fintech Startup Aims to Win Insurance Clients with Latest $200M Funding Round

By | July 2nd, 2021|Uncategorized|Comments Off on Indian Fintech Startup Aims to Win Insurance Clients with Latest $200M Funding Round

Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising $200 million from Sequoia Capital India, existing investor Faering …

2 07, 2021

Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank

By | July 2nd, 2021|Uncategorized|Comments Off on Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank

India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems which could pose a financial stability risk. In its semi-annual financial stability report, the Reserve Bank of India flagged concerns …

2 07, 2021

South Korean Insurtech Carrot Doubles Capital with $90 Million Rights Offering

By | July 2nd, 2021|Uncategorized|Comments Off on South Korean Insurtech Carrot Doubles Capital with $90 Million Rights Offering

Carrot General Insurance Corp., South Korea’s first digital-only insurance provider, announced that it has raised 100 billion won (US$88.7 million), which equals its founding capital raised in 2019. The Seoul-based digital non-life insurer was established through a joint partnership of …