Wednesday, August 5, 2020
Coinbase has recently confirmed that its insurance policy covers their assets and systems for $255 million. Following this confirmation, the company published a blog post detailing its insurance program. According to CCN, the cryptocurrency holdings company has always partnered with...
A California state lawmaker and the state's insurance commissioner are planning to buy private insurance to cover rapidly increasing costs of beating wildfires caused by climate change. State Sen. Bill Dodd and California Insurance Commissioner Ricardo Lara proposed the California...
The number of Texans without health insurance rise to a whopping 19 percent, having about 4.7 million uninsured individuals in this state alone. Bruce Japsen from Forbes reports that of these 4.7 million citizens, about 20% of the Texan...
There are approximately 16 million people in the UK who doesn’t have insurance. Given this big opportunity, Insurtech platform Lime is finally catering to people in the UK who are in need of protection from sudden or unforeseen incidents. For the...
Individuals who have a UK-registered vehicle will be required to request a green card from their insurance provider. This news follows Prime Minister Theresa May’s delay to vote on the controversial Brexit deal. According to CNN, the Prime Minister’s...
The cost of natural catastrophes worldwide in 2018 amounted to $160 billion, according to a report by Munich Re. This figure is lower by almost a half from the $350 billion recorded in 2017. Even so, the German reinsurer...
The number of insured individuals rose during the Obama Administration, especially with Obamacare and Medicaid offerings, according to The New York Times. However, new findings by Gallup show that this number is fast declining with the rate of uninsured...
U.S. insurers are pushing for extending a terrorism risk insurance program created by the federal government in the hope of resisting a potential gap that would force their clients to find alternative coverage. The Terrorism Risk Insurance Act formed the...
The recent attacks on two tankers in near the Persian Gulf surges the price of insurance premiums for ships passing by the Middle East. The attacks also caused the cost of transporting oil from the Middle East to balloon. Records...
Four out of five US drivers have seen their car insurance rise in the past year, car insurance search engine The Zebra said in its annual report. Zebra revealed a 23% increase in rates across the country since 2011, with...

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