The U.S. Federal Aviation Administration (FAA) said Monday it has launched a program to help make it easier for staff overseeing Boeing and other airplane manufacturers to report safety concerns. An independent survey released in August found FAA safety employees …
Honeycomb, a managing general agent (MGA) for commercial real estate insurance, announced its North American launch following a $3.3M million raise. Investors in Honeycomb (formerly Agilius) include from Phoenix Insurance, New Era Capital Partners, IT-Farm Corp. and NFP Ventures. San …
Michigan-based Universal Fire & Casualty Insurance Co. has started accepting cryptocurrency for premium payments. The company, which insures small businesses and offers surety bonds products, says the move is to increase its competitive market position as part of a broader …
As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how insurtechs can step in and help insurers navigate the ever changing digital space. “I think [the pandemic] has brought a lot …
ISMAILIA, Egypt – A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute with the canal …
An abandoned gypsum mine in Black Hawk, S.D., that was exposed by a sinkhole in 2020 may extend farther than current mapped areas show, according to a geophysical study. Mohammad Sadeghi, a professor of geological engineering at Montana Technical University …
State inspectors on June 21 were at a roller coaster attraction in the popular Missouri tourist town of Branson, trying to determine how a 12-year-old boy was badly injured in an accident. The accident happened around 7:30 p.m. June 20 …
Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime —and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings Inc. said on Tuesday. “It’s like …
Extreme weather events and shortage of labor and materials for repairs will push property insurance rates higher in the next several years, the chief executive of U.S. home insurer Hippo said on Tuesday. As homeowners stayed home during the pandemic, …
Specialist insurer Beazley is now offering the telehealth sector a new tool designed to help navigate the complex digital health regulatory landscape. In partnership with law firm BakerHostetler, specialist insurer Beazley has created a multi-layered interactive digital map that provides …
