Wednesday, October 13, 2021
The UK government’s Film and TV Production Restart Scheme has been extended to December 31, 2021, for productions in need of insurance for risks associated with Covid-19. The announcement was made by Chancellor Rishi Sunak in his recent Budget...
Following a dispute on key man insurance policy over the death of Maroon 5 manager, Houston Casualty Company (HCC) was ordered by the court to pay Roc Nation $12 million for the policy claim. Late manager Jordan Feldstein died of...
Paris, France-based artificial intelligence (AI) platform for advancing insurance distribution Zelros successfully raised $11 million in its Series A funding round. With the recent investment, Zelros announced in its press release last February 24, 2021, that its total funding...
Insurance Panda, a New York City-based provider of auto insurance quotes, has posted a new article on its website that discusses a relevant topic - using bitcoin to pay for auto insurance premiums. According to a company representative, Insurance Panda...
Insurtech company Kin Insurance has recently surpassed $10 billion in total insured property value, according to PRWeb. This shows a growth of around 400% in written premiums during the fourth quarter of 2020 compared to 2019 figures. The firm has...
Illinois-based insurance company Allstate reported a drop in policy renewals of about 87.5 percent in 2020, the worst rate since 2001. The company stated that there was a decline in the policies at the end of 2020, about 0.5 percent...
U.S. President Joe Biden took executive actions to reopen the federal marketplaces for the Affordable Care Act (ACA) with COVID-19 coverage. An executive order signed by Biden indicates a 90-day enrollment period on Healthcare.gov for the insurance marketplace that will...
French insurance technology startup company LeoCare raised €15 million (approximately $18.1 million) in its Series A funding round. The investment round was led by Felix Capital, Ventech, and Daphni. LeoCare is an insurtech company that specializes in offering its customers...
Insurance technology company Lemonade seeks to raise an initial amount of $466 million as part of its underwritten public offering, states the Intelligent Insurer. However, as the company announced its secondary offering to the public, stock prices went down...
With the ongoing global pandemic, the number of Americans who brought life insurance increased by seven percent, according to MIB Group. The data-sharing service for insurance companies tracked the flood of applications in the past year, with coronavirus or COVID-19...

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