Multiple organizations are providing support to flood victims in eastern Kentucky. Gov. Andy Beshear has established the Team Eastern Kentucky Flood Relief Fund. Beshear says tax-deductible donations first will go toward paying for each flood victim’s funeral. Among other groups …
A Utah man has been arrested on accusations he started a wildfire while trying to burn a spider with his lighter. Cory Allan Martin, 26, told deputies that he spotted the spider Monday while he was in a hiking area …
Personal and commercial rate increases stabilized virtually across the board in the second quarter of 2022, according to MarketScout’s Market Barometer. U.S. personal lines rates increased 5.16 % in the second quarter – close to the 5.2 % increase seen …
A New Jersey construction company and its principal have been charged with willfully violating federal workplace safety regulations at a Poughkeepsie, New York construction site where a wall collapsed, killing a worker in 2017. Prosecutors allege that the death was …
UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to acquire its high-net-worth personal lines business in the UK and Ireland. Financial details of the transaction, which will be funded …
NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of its third MGA, product recall insurance specialist BluNiche. BluNiche was founded by product recall insurance veteran Neil Evans, who was …
As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the welcome she received from government officials and the public was in sharp contrast with a different sort of message that …
Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the strait. Taiwan said China fired 11 missiles in waters around the island as of 4 …
Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors grew nervous about frothy valuations, broker Gallagher Re said in a report on Thursday. Insurtech firms make up around …
EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile’s Enterprise Business Solutions, a SaaS-based claims automation and fraud detection system from Lemonade. The company expects the acquisition of the EBS assets to expedite EIS’ entry …
