24 11, 2020

Zywave Acquires Insurance Technologies Corporation (ITC)

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Insurance technology provider Zywave announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating and management software and services to the insurance industry. Zywave said the acquisition enables Zywave to deliver its operations, sales and marketing …

24 11, 2020

Finnis Named a Central Region VP at Berkshire Hathaway Specialty Insurance

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Berkshire Hathaway Specialty Insurance (BHSI) has named Lauren Finnis vice president, Customer & Broker Engagement, for the Central Region, based in Chicago. She was previously vice president of Customer & Broker Engagement for the Eastern Region. Finnis has more than …

24 11, 2020

Minnesota Fraud Bureau: Insurance Fraud Referrals Up in 2019 but not for Agents

By | November 24th, 2020|Uncategorized|Comments Off on Minnesota Fraud Bureau: Insurance Fraud Referrals Up in 2019 but not for Agents

While Minnesota insurance regulators saw an uptick in the number of fraud case referrals during 2019, agent and broker fraud referrals were down significantly that year, the most recent for which insurance fraud statistics for the state are available. In …

24 11, 2020

Usage-Based Insurer Metromile to Become Public Company

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Metromile Inc., the pay-per-mile auto insurer, has reached a deal to go public by merging with Insu Acquisition Corp. II (Insu II), a special purpose acquisition company (SPAC). The merger will result in Metromile becoming a publicly listed company without …

24 11, 2020

Louisiana Ag Commissioner Pushing Farmers, Ranchers to Apply for Virus Aid

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Louisiana’s agriculture commissioner is urging the state’s farmers and ranchers to turn in their applications for federal coronavirus assistance ahead of next month’s deadline, and he’s worried some who are eligible may be missing out on available aid. The U.S. …

24 11, 2020

Louisiana Virus Aid Funds Run Low with Small Business, Local Requests Unmet

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Louisiana will run out of federal coronavirus money before it pays out grants to all eligible small businesses and local government agencies seeking dollars from COVID-19 aid programs created by Gov. John Bel Edwards and lawmakers. Officials running the programs …

24 11, 2020

No-Deal Brexit Would Cause More Damage to UK than COVID: BoE’s Bailey

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Bank of England Governor Andrew Bailey said on Monday a no-deal Brexit would cause longer-term damage to Britain’s economy than the COVID-19 pandemic, and the impact of the change might be felt for decades. “Well, I think the long-term effects …

24 11, 2020

Coal Financing Drying Up as More Countries Target Zero Carbon Emissions

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TOKYO – Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday. The …

23 11, 2020

Praedicat Develops Insurance Tool for COVID-19 Liability

By | November 23rd, 2020|Uncategorized|Comments Off on Praedicat Develops Insurance Tool for COVID-19 Liability

Praedicat, the Los Angeles-based liability emerging risk modeling firm, has developed an insurance tool for the casualty insurance market, which allows insurers to track exposures, establish reserves, and manage aggregations in the face of this generation’s largest emerging risk, the …

24 11, 2020

Alabama Insurance Department Launches New Website

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The Alabama Department of Insurance (ALDOI) has launched a newly designed website that features a new layout and simplified navigation and is also mobile-friendly. “We are thrilled to debut our new department website” said Insurance Commissioner Jim Ridling. “We believe …