News

Lemonade Launches in France in Its Third European Country

Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch marks the third EU country Lemonade has entered, following the Netherlands’ launch earlier this year, and Germany in June 2019. …

States Grapple With Determining Who’s Essential, Who’s Not for COVID Vaccine

Companies and industry groups lobbying to get their U.S. workers to the front of the line for COVID vaccination are running into a patchwork of state plans and confusion over who is essential, and who is not. Inoculation against the …

FireEye, Major Cybersecurity Firm for Business and Government, Is Hacked

FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that it had been hacked, likely by a government, and that an arsenal of hacking tools used to test the defenses of its clients had been …

Former Fidelity Investments’ Employee Claims Discriminatory, Hostile Workplace

A former female employee of Fidelity Investments has sued the company for discrimination and a hostile workplace where women were allegedly disparaged and racially insensitive comments were made, according to a lawsuit. Elizabeth Evans, who is described in the lawsuit …

Insurance Office of America Adds Riggs to Western Region Team

Insurance Office of America has added Mike Riggs as a commercial property/casualty risk advisor specializing in the agriculture and food industries. Riggs joins IOA’s team in its Western region, serving out of the Pleasanton branch location. Before joining IOA, he …

Newfront in California Names State Farm’s De Fazio Field Sales Leader

Newfront Insurance has added Mic De Fazio as a field sales leader. De Fazio will lead brokers in developing client solutions and continuing the firm’s organic growth. De Fazio will join the sales leadership team. He was previously a field …

Oswald Companies, RCM&D to Merge, Create Unison Risk Advisors

Oswald Companies, based in Cleveland, Ohio, and RCM&D, headquartered in Towson, Md., have agreed to strategically merge and launch Unison Risk Advisors. The transaction is expected to close on or before Dec. 31, 2020. Both firms will maintain independent brands, …

Texas Windstorm Insurer to File for 5% Residential, Commercial Rate Hike

The board of directors of Texas’ insurer of last resort for wind and hail for properties along the Texas coast has directed its staff to file a rate increase of 5% for both residential and commercial policies with the Texas …

2020 Western U.S. Wildfire Season Gave Us Gigafire, Several Massive Blazes

Want more proof that 2020 will go down as a year we should all try hard to forget about? With some 9 million acres burned in wildfires across Western U.S. this year, and the introduction of a new and terrifying …

South Carolina City to Receive $1.45M for Hurricane Florence Damage

A coastal city in South Carolina is getting $1.45 million from the federal government to repair damage caused by Hurricane Florence in 2018. The U.S. Department of Commerce is awarding the grant to Georgetown to improve water infrastructure and support …

News Archives by Month