HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO August 5, 2021 By Andrew G. Simpson HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and...
Insurance Broker Gallagher Sued Over Ransomware Attack August 2, 2021 By Andrew G. Simpson Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack...
Actor Cohen Sues Cannabis Firm for $9M Over Use of ‘Borat’ Image on Billboard July 13, 2021 By Andrew G. Simpson Film and television actor Sacha Baron Cohen, best known for his movie character Borat, is suing a Massachusetts cannabis firm...
Federal Judge Halts Part of Florida’s New Property Insurance Reform Law July 12, 2021 By Andrew G. Simpson A federal judge has halted enforcement of a section of Florida’s new property insurance reform (SB 76) law that restricts...
Newly-Enacted Florida Property Insurance Reform Bill Said to Be Already Working July 5, 2021 By Andrew G. Simpson Florida Gov. Ron DeSantis officially signed into law reform legislation on property insurance and roofing contractor practices, a measure some...
P/C Insurers Defend Ransomware Reimbursements in New Cyber Principles July 2, 2021 By Andrew G. Simpson The nation’s largest property/casualty insurance organization is defending ransom payment reimbursements by insurers in a new set of principles stressing...
Insurance Broker A.J. Gallagher Reports on Investigation Into 2020 Ransomware Attack July 1, 2021 By Andrew G. Simpson An investigation by insurance broker Arthur J. Gallagher & Co. into a ransomware attack on its systems last September has...
Judge Rejects Spouse’s Wrongful Death Suit Against Airline Over Lax Covid Safety June 24, 2021 By Andrew G. Simpson Citing a concern over “opening the floodgates” to litigation, a federal judge has dismissed a flight attendant’s negligence lawsuit against...
Honeycomb, Digital MGA for Multi-Family Property Insurance, Launches with $3.3M June 23, 2021 By Andrew G. Simpson Honeycomb, a managing general agent (MGA) for commercial real estate insurance, announced its North American launch following a $3.3M million...
Why Sharing Economy Firms Just Might Be The Best Insurance Customers June 21, 2021 By Andrew G. Simpson Imagine insurance customers who actually enjoy meeting with their insurance broker. Customers who see insurance not as a nuisance mandate...