Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Public hearing requested on Geisinger-Risant's request to modify $100M insurance conditions
WILKES-BARRE — A coalition of community members and health care workers in Pennsylvania is calling for a public hearing to ensure transparency around Geisinger-Risant's “Request for Modification” of its insurance conditions.
Act-of-War Clauses Cloud Cyber Insurance Coverage
From Europe to the Middle East, geopolitical conflicts have companies rereading the fine print on insurance policies that deny coverage for wartime cyberattacks. Act-of-war exclusions—a common provision in homeowners, life and travel…
When a tornado strikes, here's what homeowners insurance really covers
ATLANTA — A tornado can tear apart a home in seconds. But for many homeowners, the financial shock doesn't end when the storm passes — it starts when they file an insurance claim. Across much of the U.S., a growing number of…
[Vantage Point] The P1-billion layer in the LTO DBP-DCI insurance certificate system
For years, the Land Transportation Office (LTO) has struggled with a reputation for inefficiency and, at times, for implementing systems that impose costs without clear corresponding value. Each reform cycle is framed around modernization…
South Florida man arrested for staging car crash to file fraudulent insurance claim
South Florida man arrested for staging car crash to file fraudulent insurance claim GOOD MORNING. IT'S FRIDAY, APRIL 3RD. I'M STEVEN GRAVES WITH YOUR NEWS TO GO. A MURDER INVESTIGATION IN MARTIN COUNTY AFTER A WOMAN IN HER 70S WAS STABBED TO DEATH…
One Inc and ManageMy Power Digital Payments for Insurance
This collaboration brings together One Inc's ClaimsPay and PremiumPay network, which enables insurance-native digital payments, and ManageMy's platform for insurance carriers, which enables digital experiences across sales, service and claims, the…
Heritage Insurance (NYSE:HRTG) CAO Sells $236,624.00 in Stock
Heritage Insurance Holdings, Inc. (NYSE:HRTG - Get Free Report) CAO Sharon Binnun sold 9,200 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $25.72, for a total transaction of $236,624.00.
The US should shape the global climate adaptation market
Even as the U.S. has pulled back from many of its climate change commitments, it is simultaneously relinquishing leadership in areas set to save lives and position the country at the forefront of the emerging climate adaptation economy. As…
Heritage Insurance Holdings, Inc. (NYSE:HRTG) Given Average Recommendation of 'Buy' by Analysts
Shares of Heritage Insurance Holdings, Inc. (NYSE:HRTG - Get Free Report) have been assigned an average rating of 'Buy' from the five research firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a…
The Hartford Insurance Group, Inc. $HIG Shares Purchased by Aberdeen Group plc
Aberdeen Group plc boosted its position in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 29.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The…
Fake Rescues On Mount Everest? Alleged $20 Million Insurance Fraud Scheme Involving Trekking Firm, Hospit
Nepal's authorities have uncovered an alleged fraud operation centered around expeditions to Mount Everest, where foreign trekkers were targeted for bogus rescue and medical claims. The South Asian country's Central Investigation Bureau (CBI) said…
First American Bank Takes Position in Slide Insurance Holdings, Inc. $SLDE
First American Bank bought a new position in Slide Insurance Holdings, Inc. (NASDAQ:SLDE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 363,375 shares of the…
Timothy Moura Sells 25,721 Shares of Heritage Insurance (NYSE:HRTG) Stock
Heritage Insurance Holdings, Inc. (NYSE:HRTG - Get Free Report) insider Timothy Moura sold 25,721 shares of Heritage Insurance stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $25.79, for a total value…
White Mountains Insurance Group (NYSE:WTM) Cut to Hold at Wall Street Zen
White Mountains Insurance Group (NYSE:WTM - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a 'buy' rating to a 'hold' rating in a research note issued on Saturday. Congress Beat the Market Again—Here Are the 3…
Insider Selling: Heritage Insurance (NYSE:HRTG) Insider Sells 24,769 Shares of Stock
Heritage Insurance Holdings, Inc. (NYSE:HRTG - Get Free Report) insider Timothy Moura sold 24,769 shares of the firm's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $25.76, for a total transaction of…
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