Insurtechs focused on consumer management of insurance policies and commercial fleet analytics are expanding their reach following funding rounds. Also, a new platform for offering management liability insurance to small firms debuts with backing from Markel. Marble Digital insurance policy …
A gas leak forced officials Sunday to evacuate some residents in Newnan, a Georgia city cleaning up after a powerful tornado days earlier ripped roofs off numerous homes and buildings. Newnan city officials ordered evacuations along two streets, saying in …
Natural and man-made catastrophes cost the insurance industry US$89 billion in 2020, in the fifth costliest year since 1970, according to a report from Swiss Re’s sigma. Of that total, US$81 billion related to claims from natural catastrophes, with the …
Heavy rains across Tennessee flooded homes and roads, prompting officials to rescue dozens of people from houses, apartments and vehicles. Authorities said four bodies were found Sunday in the flood’s aftermath. A flash flood emergency was declared overnight by the …
The Texas Senate has unanimously approved a sweeping bill that would overhaul the state’s electricity industry and infrastructure, including mandating that power plants prepare for extreme weather and outlawing risky indexed retail electric plans. Senate Bill 3, filed by Republican …
Officials are trying to determine what caused a fire early Friday that destroyed a historic Black church in northeast Florida. Clay County Fire Rescue tweeted that no one was injured in the fire that started around 11 p.m. Thursday at …
A task force of the National Association of Insurance Commissioners is asking the board of directors of the Casualty Actuarial Society to reverse a decision rescinding a “statement of principles” of the profession, Carrier Management recently reported. The CAS action …
Tornadoes and severe storms tore through the Deep South, killing at least five people as strong winds splintered trees, wrecked homes and downed power lines. Multiple twisters sprang from a “super cell” of storms that rolled over western Georgia early …
A Bloomington, Ind., fast-food sandwich shop will settle a federal disability discrimination lawsuit for $28,700, authorities say. The U.S. Equal Employment Opportunity Commission (EEOC) charged in its suit that Ranrae Inc., doing business as Subway violated federal law by rejecting …
LONDON – Mastercard, a global payment processor, is battling attempts to add about 14 million deceased people to a 14 billion pound-plus ($19.3 billion) British class action in an effort to limit the scope of the historic case. A Mastercard …