Saturday, September 19, 2020
New York-headquartered Amalgamated Life Insurance announced Tuesday about a rebranding initiative created by the firm, along with its affiliated companies. In a press release, the insurer said the rebranding had been designed “to better reflect the "Amalgamated Family of Companies"...
Artificial intelligence-based data platform for insurance underwriting Planck announced its successful participation in the recent Series B investment round. The company raised $16 million, a portion of which comes from Nationwide Insurance’s $100 million investment fund, notes Venture Beat. Planck...
Australian insurer NRMA Insurance announced Thursday it is set to launch its new Third-Party Fire and Theft Car Insurance product on June 7. The new offer will be available at $10 a month and can be accessed for a...
Insurance providers specializing in travel insurance are addressing the concerns for the new normal by making policy changes, according to comparison website Squaremouth. Since the viral outbreak, more people are interested in getting medical coverage for the impacts of future...
Automobile technology company Rivian talks publicly about its plans to offer insurance products and collision repair services. The company is moving beyond building electric vehicles and considers expanding its service by offering an in-house insurance program. While there’s no official...
Philippine Senator Leila de Lima is promoting a proposal to give field media workers additional coverage along with tax-free hazard pay. This is through Senate Bill No. 1523 or the “Journalists Protection Act of 2020,” said GMA News Online. The...
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...
The ongoing pandemic might cause a massive increase in insurance premium rates up to 6%, according to the Society of Actuaries fellows Greg Fann and Dave Dillon. The increase is a normal rate bump for the American insurance market but...
US financial tech company Buckle announced on Wednesday, May 6, temporary insurance coverage for rideshare members offering food and home supplies delivery. The company granted motor vehicle policyholders a new insurance coverage at no additional cost. Rideshare drivers engaged in...
Tesla CEO Elon Musk will be insuring the company’s board of directors because of high costs, said Business Insider. Musk allotted 54% of his stake in the electric vehicle and clean energy company for the insurance. The CEO will be...

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