Insurance
Cyber Attacks Plague Taiwan After Pelosi Visit Enrages Beijing
As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the welcome she received from government officials and the public was in sharp contrast with a different sort of message that …
Read More China’s Military Drills Force Shippers to Reroute Vessels to Avoid Taiwan Danger Zones
Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the strait. Taiwan said China fired 11 missiles in waters around the island as of 4 …
Read More Global Insurtech Investment Down 50% in Q2: Gallagher Re
Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors grew nervous about frothy valuations, broker Gallagher Re said in a report on Thursday. Insurtech firms make up around …
Read More EIS Acquires California-based Enterprise Business Solutions from Lemonade
EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile’s Enterprise Business Solutions, a SaaS-based claims automation and fraud detection system from Lemonade. The company expects the acquisition of the EBS assets to expedite EIS’ entry …
Read More Sandy Hook Parents Seek to Stop InfoWars Bankruptcy Payments to Alex Jones
Parents of children killed in the 2012 Sandy Hook school massacre urged a U.S. bankruptcy judge on Wednesday not to allow the parent company of far-right website InfoWars to send any money to its founder, conspiracy theorist Alex Jones, or …
Read More London Insurance Sector Readies $50M Ukraine Grain Cargo Cover
The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50 million of insurance cover per cargo, industry sources involved said on Wednesday. London’s marine insurance market …
Read More Viewpoint: Regulatory Interest in Big Data, AI More Than a Carrier Problem
The California Insurance Commissioner and the California Department of Insurance (CDI) recently issued a bulletin regarding industry bias and discrimination. The bulletin acknowledged allegations of bias and discrimination in the industry and gave notice to insurance players that the CDI …
Read More Eight Contractors Charged in Florida Workers’ Comp Sting Operation
Eight Florida men have been charged with contracting without a license and failing to obtain workers’ compensation insurance, after a sting operation led by state and local authorities. The Manatee County Sheriff’s Office and the Florida Department of Financial Services …
Read More Slow Recovery Could be Harbinger for Hurricane-Prone South
There’s not much in Greene County, a place that stands out even in impoverished west Alabama for its neediness. So the April tornado that settled down upon a housing community full of seniors and low-income families felt like a particularly …
Read More People Moves: Hub Names Prill Regional President; GBS in Arizona Adds Maggio
Hub International Ltd. named Andy Prill to Hub’s executive management team as regional president of the newly created Mountain Northwest region. Prill will be responsible for the direction, leadership and growth of Hub Northwest and Hub Mountain covering existing operations …
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