Duck Creek Technologies, the tech company that serves the property/casualty insurance market, announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. Financial details of the deal were not disclosed. Imburse’s cloud-native software-as-a-service (SaaS) payment solution is …
Coventry Risk Specialty, an MGA focused on the construction industry, has launched a new Builders Reporting Policy (BRP) product for the construction industry. Coventry is the countrywide exclusive underwriter and will distribute the product through preferred surplus lines brokers. The …
Asiana Airlines Inc., the South Korean carrier that suffered a fatal jet crash in San Francisco last month, plans to pay an initial compensation of $10,000 each to survivors. The amount is to cover medical costs and transportation and the …
Insurance claims filed in response to a major tornado outbreak in May have jumped to 75,758 with insurance payments reaching $687,945,276, the Oklahoma Insurance Department announced. “The victims of these devastating tornadoes will be dealing with the aftermath for quite …
Houston, TX, 03/21/2012 – Pay For Insurance is taking the insurance world by storm with an online payment system that is designed to provide insurance agents, companies, and brokers the ease to collect payments with a click of a button. …
A Delaware bankruptcy judge on Friday ordered insurance companies to pay their share of a settlement with priest sex abuse victims that is the foundation of the Catholic Diocese of Wilmington’s reorganization plan, and he angrily turned aside the insurers’ …
