Tuesday, April 23, 2024
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...
British Columbian bicyclists will still not have the option to insure their bicycles, said CityNews 1130. The announcement was made by Attorney General David Eby, saying that this move would be counter-productive. This statement came after Eby received suggestions from...
With the impending decision for Brexit, UK insurers are shedding light on the economic effects of no-deal Brexit, The Guardian reports. The UK departing from the European Union (EU) without reaching a withdrawal agreement would be an ‘unforgivable act...
Leading Germany-based insurer Allianz announced its partnership with Microsoft last Thursday, November 14, 2019. The partnership aims to streamline insurance processes across all aspects of the business to provide improved experiences for all its users. Under the joint partnership, Allianz...
The U.S. National Highway Traffic Safety Administration (NHTSA) has intensified its investigation on a possible deadly defect in around 12.3 million vehicles that might prevent air bags from working during a crash. The agency is probing the air bags initially...
Cyber insurance and security company Coalition announced on Wednesday it has raised $90 million in its Series C funding led by Valor Equity Partners. The round, which included participation from Greyhound Capital, Felicis, and other existing investors, brings the...
On May 7, 2021, AIG tops the first-quarter revenue target. Good results in its insurance policies and life and retirement divisions offset the impact of storms and coronavirus-related casualty cases. In the third quarter, the firm earned $73 million in...
Manufacturers Life Insurance Philippines Co. (Manulife) introduced its new product, combining insurance protection and investment opportunities for Filipinos. Manulife senior vice president and chief marketing officer Melissa Henson clarified that the new product called My Vision Plan (MVP) helps...
Michigan drivers rejoice after the passage of the no-fault fees insurance law was announce last week, said NewsRadio WSGW. To be effective July next year, the policy will result in a 55% reduction on claim fees paid by auto...
The cybersecurity insurance company Coalition has raised $40 million in Series B funding. Ribbit Capital, a venture capital firm, poured on the fund together with Greenoaks Capital and Hillhouse Capital. With the new funding, Coalition will extend its data platform that...

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