The Federal Housing Administration (FHA) has announced regulations to allow mortgagors the option to purchase private flood insurance on FHA-insured mortgages for properties located in Special Flood Hazard Areas. Beginning Dec. 21, the FHA will allow mortgagors to purchase private …
Root Inc. reported a third-quarter net loss of $64 million, down from a net loss of $133 million during the same quarter last year. Year-to-date losses sit at $230 million, which is down from $411 million at the end of …
Wondering if you need flood insurance? There are maps for that. But some say the federal flood maps are inadequate and misleading, causing thousands of homeowners to avoid purchasing needed flood insurance. And even Federal Emergency Management Agency officials have …
Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines came in …
When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin. But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open Blockchain Initiative (MOBI), sees the appeal. MOBI is …
Workers returning to work after an injury can face various obstacles depending on the nature of their injury and the job, their available benefits and rehabilitation needs, even transportation challenges. Those who help workers know that behavioral issues also get …
Of course, LP Insurance Services protects and defends clients when things go wrong. But those who work for the Reno, Nevada-headquartered company see themselves as more than guardians. They see how their work removes stress from business owners and empowers …
Take five-star customer service, add in a four-step strategic process — and what do you get? An award-winning organization. That organization, Ansay & Associates, an independent insurance agency based in Port Washington, Wisconsin, has built success by identifying needs and …
If Hurricane Ian would have made landfall in Florida, say, six months ago, the costs of reconstruction could have been even higher than the already staggering estimates now coming from the Sunshine State. Inflation is indeed set to bump up …
On the heels of a third quarter that saw increased earned premiums compared to the same stretch in 2021, leaders at Markel Corp. recently reflected on their recent earnings and examined how current events are shaping their future approach. “You …
