Insurance - BingNews

Unemployment Insurance Scheme subscribers exceed 1 million since launch in January 2023

Wed, 05 Apr 2023 13:05:00 GMT

The Ministry of Human Resources and Emiratisation (MoHRE) announced that the Unemployment Insurance Scheme has exceeded one million subscribers since its launch in January 2023. The Unemployment ...

Insurance companies directed to implement grace period for Hoosiers impacted by storms

Wed, 05 Apr 2023 12:23:00 GMT

Insurance companies are asked to implement a 60-day cancellation moratorium for policyholders in storm-impacted areas, including Allen County. Indiana Department of Insurance Commissioner Amy L. Beard ...

Florida lawmakers try ‘accountability’ measures for insurance reforms

Wed, 05 Apr 2023 12:04:00 GMT

After years of giving Florida’s homeowners insurance companies largely what they wanted in an effort to stem rapidly rising premiums and insurer insolvencies, state lawmakers introduced a new approach ...

Why You Need Life Insurance Even if You Don't Have a Job

Wed, 05 Apr 2023 11:56:00 GMT

If you have people in your life who depend on you financially, then it's really important to put life insurance in place. A life insurance policy could replace your income for many years if you pass ...

Surround Insurance and GO Announce Partnership

Wed, 05 Apr 2023 11:37:00 GMT

CAMBRIDGE, Mass., April 05, 2023 (GLOBE NEWSWIRE) -- Surround Insurance, a national independent insurance agency catering to first-time insurance buyers, is announcing a strategic partnership with GO, ...

Zurich Exits Insurance Climate Alliance Days After Munich Re

Wed, 05 Apr 2023 11:25:00 GMT

Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days. The Swiss insurer ...

Grand jury indicts 5 family members on unemployment insurance fraud and tax fraud crimes

Wed, 05 Apr 2023 11:07:00 GMT

COLORADO, USA — Five family members from northern Colorado face charges related to unemployment insurance fraud during the COVID-19 pandemic and tax fraud. A statewide grand jury decision last month ...

Louisiana faces insurance commissioner question: elect or appoint?

Wed, 05 Apr 2023 11:00:00 GMT

A Tuesday press conference in Louisiana got briefly awkward when Insurance Commissioner Jim Donelon gave way to state Sen. Kirk Talbot for a question on his bill to make the commissioner post – ...

Construction insurance company Billy raises additional $2.5 million

Wed, 05 Apr 2023 10:46:00 GMT

Construction insurance company Billy announced today the closing of an additional $2.5 million led by Entrada Ventures and MetaProp, bringing its total funding to $6.7 million. Nyasha Gutsa and Grant ...

Westland Insurance expands P&C practices with three acquisitions in April

Wed, 05 Apr 2023 10:39:00 GMT

Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), April 05, 2023 (GLOBE NEWSWIRE) -- Westland Insurance, one of Canada's largest independently owned ...

Zurich Insurance becomes second firm to quit climate alliance

Wed, 05 Apr 2023 10:31:00 GMT

Zurich Insurance Group said on Wednesday it was withdrawing from the Net Zero Insurance Alliance (NZIA), becoming the second founding member to quit the climate group in less than a week.Part of the ...

I-TEAM INVESTIGATION: Affording long-term care insurance

Wed, 05 Apr 2023 10:29:00 GMT

(WFSB) - Long-term care insurance can help protect your savings if you ever need 24-hour care. However, some people are finding as they get closer to needing the service, they can no longer afford it.

FloodFlash extend partnership with Munich Re

Mon, 06 Mar 2023 23:50:00 GMT

New US capacity agreement will support growth for parametric insurtech

Look after your family’s financial wellbeing during the cost-of-living crisis

Mon, 06 Mar 2023 17:42:00 GMT

Authored by ARAG

Tesla Recalls 3,470 Model Y Vehicles Over Loose Bolts

Mon, 06 Mar 2023 15:43:00 GMT

Tesla Inc TSLA.O said it is recalling 3,470 2022 through 2023 Model Y vehicles in the United States because bolts securing the second-row seatback frames may not have been securely tightened, according to a filing made public Saturday. The National …

United Insurance Holdings Moves Forward With Specialty Commercial Business: CEO

Mon, 06 Mar 2023 15:24:00 GMT

United Insurance Holdings Corp. Corp. said it will move on to focus on specialty commercial lines business following news last month that its subsidiary United P&C Insurance Company (UPC) being was placed in receivership. During a short conference call to …

Hub Acquires Assets of Glacier Insurance in Montana

Mon, 06 Mar 2023 14:46:00 GMT

Hub International Ltd. acquired the assets of Glacier Insurance of Libby Inc. in Montana. Kevin Peck and Kim Peck, Owners, and the Glacier Insurance of Libby team will join Hub Mountain. Glacier Insurance is an independent agency providing commercial and …

West Virginia House Backs Cap on Workers’ Damages in Deliberate Intent Cases

Mon, 06 Mar 2023 13:57:00 GMT

Republicans in the West Virginia House passed a bill last week that would cap some of the damages workers and their families can receive if their employer deliberately puts them in harm’s way on the job. The 52-45 vote was …

Arthur J. Gallagher & Co. Acquires UK’s Bay Risk Services Ltd.

Mon, 06 Mar 2023 12:30:00 GMT

Arthur J. Gallagher & Co. announced its reinsurance division Gallagher Re has acquired the business and assets of UK-based Bay Risk Services Ltd., a member of the Optio Group. Terms of the transaction were not disclosed. Founded in 2016 as …

Ariel Re Raises $270M of Capital to Support Growth Opportunities

Mon, 06 Mar 2023 12:23:00 GMT

Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has secured $270 million of capital from five new institutional and family office investors to support exciting growth opportunities in 2023. Ariel Re …

Ford Taps Vehicle Data to Attract Customers in Commercial Van Market

Mon, 06 Mar 2023 11:48:00 GMT

Ford Motor Co.’s push to use reams of data generated by its vans and trucks – from engines to oil filters or brake pads – to attract more customers in the European and U.S. commercial vehicle market plays out on …

How much should seniors pay for life insurance?

Mon, 06 Mar 2023 09:12:00 GMT

Seniors trying to determine how much they should pay for life insurance should first have the answers to these questions.

Just Had Kids? It's Time To Review Your Life Insurance

Mon, 06 Mar 2023 09:11:00 GMT

It's important to make sure your kids are protected financially, and that any surviving spouse of yours is equipped financially to raise your kids. Increasing your life insurance coverage makes sense ...

The Global Cyber Insurance Market is forecast to grow by $42812.64 mn during 2022-2027, accelerating at a CAGR of 35.92% during the forecast period

Mon, 06 Mar 2023 09:00:00 GMT

The analyst has been monitoring the cyber insurance market and is forecast to grow by $42812.64 mn during 2022-2027, accelerating at a CAGR of 35.92% during the forecast period. Our report on the ...

What are the benefits of buying travel insurance for an international trip?

Mon, 06 Mar 2023 08:44:00 GMT

No matter what time of the year you're traveling, it's always wise to consider whether you should get travel insurance, which provides up to 100% coverage for unexpected or unforeseen events that ...

Universal Insurance Holdings (UVE) is a Great Momentum Stock: Should You Buy?

Mon, 06 Mar 2023 08:01:00 GMT

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, ...

Judge: Michigan School, Staff Immune From Shooting Lawsuits

Mon, 06 Mar 2023 08:00:00 GMT

PONTIAC, Mich. (AP) – A Michigan judge has ruled that staff and administrators at Oxford High School cannot be sued for a mass shooting that left four students dead and seven others wounded. Oakland County Circuit Judge Mary Ellen Brennan …

'Controversial' Tort Measure Is an Attack on Fla.'s Citizens and Businesses by Big Insurance

Mon, 06 Mar 2023 07:06:00 GMT

This bill, if passed, will be the largest transfer of power, money, and rights from Floridians to big insurance in our recorded history. We would all be worse off for it.

P/C Carriers Losing Ground to MGAs in Talent War

Mon, 06 Mar 2023 06:32:00 GMT

During a webinar about an insurance industry labor market survey last month, an industry recruiter said that insurance carriers are losing ground to managing general agents in the war for talent. “On the property and casualty side, primarily in the …

Paramount Global Settles Shareholder Suit for $122.5 Million

Mon, 06 Mar 2023 06:25:00 GMT

Paramount Global settled an investor lawsuit tied to the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the company, agreeing to pay $122.5 million. The settlement with Viacom investors was reached on Feb. 27, according to a …

Justice Dept Wants Execs to Foot Bill for Corporate Misconduct

Mon, 06 Mar 2023 06:24:00 GMT

The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the pockets of executives, the latest in a series of changes at the agency under President Joe Biden. The agency’s criminal …

A.J. Gallagher Buys Nashville Brokerage

Mon, 06 Mar 2023 06:01:00 GMT

Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, has acquired Nashville-based Anderson Benson, a retail insurance brokerage and risk management firm. Anderson Benson, founded in 2012, has carved out a niche in the entertainment industry, along …

Push to Require Clergy to Report Abuse Stalls in Mormon Utah

Mon, 06 Mar 2023 06:00:00 GMT

Lindsay Lundholm looked out over hundreds of people at the Utah State Capitol last year and felt a deep sense of healing. Abuse survivors, religious leaders and major party politicians were all gathered to rally for an end to a …

Owner, Employee Charged With Manslaughter in Worker’s Death in Trench Collapse

Mon, 06 Mar 2023 06:00:00 GMT

A construction company owner and an employee were charged with manslaughter Friday in connection with a trench collapse in Connecticut last year that killed a 56-year-old worker. Vernon police said they arrested Dennis Botticello, 67, owner of Manchester- based Botticello …

Insurance Executive Lindberg Remains Free After Indictment on New Fraud Charges

Mon, 06 Mar 2023 06:00:00 GMT

A North Carolina business magnate remains free after he was indicted on charges he conspired to conduct a massive scheme to deceive insurance regulators and policyholders related to insurance companies that he controlled. Greg E. Lindberg of Durham was ordered …

Investigation Leads to Woman’s Insurance Fraud Conviction in Washington

Mon, 06 Mar 2023 06:00:00 GMT

An Edmonds, Washington, woman pled guilty to committing insurance fraud after an investigation completed by Insurance Commissioner Mike Kreidler’s Criminal Investigations Unit. Eden Gebru pled guilty to the charge of false claims or proof on Feb. 23 in King County …

Caesars Sportsbook Promo Code MCBETFULL – $1250 First-Bet Insurance For Tournaments

Mon, 06 Mar 2023 06:00:00 GMT

With all this activity going on, it would be a smart move for new customers to keep track with Caesars Sportsbook bonus code, one of the top sportsbook promo codes in the industry. *-in Maryland, use ...

Guest: IRS has issued confusing guidelines on Captive Insurance; some taxpayers now in limbo

Mon, 06 Mar 2023 05:01:00 GMT

Guest: Some honest taxpayers are in limbo or facing unreasonable audits and penalties after the IRS issued confusing guidance on Captive Insurance.

AI And Insurance Agencies: A Guide To Navigating Economic Challenges Through Innovation And Automation

Mon, 06 Mar 2023 04:45:00 GMT

2023 is the year for agencies to reimagine the insurance industry and refocus their efforts on what's most important—the consumer.

U.S. Government to Explore Cyber Insurance Backstop

Mon, 06 Mar 2023 01:30:00 GMT

Catastrophic hacks that overwhelm insurers may require the government to step in, the White House said, pledging to assess how it might construct a backstop under the Biden administration’s National ...

Best Pet Insurance Companies Of March 2023

Sat, 04 Mar 2023 21:09:00 GMT

One way to add financial security in your household is to have pet insurance. It’s a way to guard against having to pay the full cost of unexpected vet bills if your pet is injured or gets sick.

Allianz promotes Karen Pickersgill to Regional Underwriting Manager for London

Thu, 02 Mar 2023 23:10:00 GMT

Authored by Allianz