Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
When Florida's property insurers fail, few ask why
That and other lapses plague state oversight of the property insurance market as lawmakers prepare for a special session.
Indian insurer LIC slips in historic stock market debut
Life Insurance Corporation garners $71bn valuation after government sells 3.5% of group Receive free Life Insurance Corp of India updates We'll send you a myFT Daily Digest email rounding up the latest Life Insurance Corp of India news every…
37. NEXT Insurance
Founders: Guy Goldstein (CEO), Nissim Tapiro, and Alon Huri Key technologies: Artificial intelligence, machine learning Previous appearances on Disruptor 50 List: 0 Small business owners, like everyone else, are doing more online these days.
DeSantis Expects Reforms as Insurers Set to Cancel Policies | Daily Business Review
Gov. Ron DeSantis on Monday expressed confidence that a special legislative session will help stabilize Florida's property-insurance system, but the troubled market is taking another blow as a group of companies is poised to cancel more than 68,000…
Pitch deck: Gig economy insurance startup Cachet raises $5.7 million
Cachet, an Estonian startup that offers an insurance marketplace for gig workers, has raised $5.7 million. The company offers 'data-led pricing' by aggregating workers' data across gig platforms. Cachet plans to spend the fresh funds on expanding…
Climate Change Is Hurting Insurance Industry: Report
Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from natural catastrophes have…
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DWD releases new data dashboard for Unemployment Insurance Division
Published: May. 17, 2022 at 9:05 PM CDT|Updated: 1 hour ago MADISON, Wis. (WMTV) - Upgrades to Wisconsin's Unemployment Insurance system continue, but the Department of Workforce Development released a new data dashboard Tuesday that improves…
Florida Farm Bureau wants to raise your homeowner's insurance 49%
Three different property insurance companies told Florida's Office of Insurance Regulation Tuesday they want big increases: First Floridian Auto and Home asked for a 22.9% hike. KIN Interinsurance Network wants a 25.1% increase. And the biggest…
Hinshaw Culbertson Repping Insurer Seeking an Out From Litigation Over Miami Freightliner Crash | Daily Business Review
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that…
Property Owners Forced to Litigate as Insurance Carriers Develop Targeted Strategies to Deny Claims | Daily Business Review
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that…
Council Post: The Dental Insurance Industry: How Did We Get Here (Part 1)
Ato Kasymov, Co-Founder & CEO at Zentist. getty Outside the industry and across the general public, it is a common misconception that dental insurance is structured and functions similarly to medical insurance. However, for reasons both historical…
Florida receivership currently handling 8K claims, 2K lawsuits in homeowner insurance crisis
TAMPA, Fla. — One Pinellas County woman discovered she had black mold growing in the walls of her new home, but when she contacted her homeowner's insurance company, she felt like everyone was avoiding her. She later found out it was because…
Florida Insurance Crisis Bleeds Into Reinsurance, Experts Say
As Florida lawmakers convene for a special session this month, the state's hurricane catastrophe fund and reinsurance market are two areas that insurance experts say need attention in an environment that... To view the full article, register now.
Crypto industry wields its influence in Washington after pouring over $30 million into campaigns
U.S. Rep. Ritchie Torres saw two fundraising events organized by crypto-heavy investors after writing an industry friendly op-ed. Over $30 million has been invested into campaigns by crypto executives since the start of the 2020 election cycle.
Coalition of Health Insurers Questions Viability of Connecticut Partnership Plan | CT News Junkie
Members of Connecticut's Health Care Future, a coalition of health insurers, hospitals, and businesses, are questioning whether Connecticut lawmakers have done enough this year to protect teachers and municipal employees from increases in health…
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