Wednesday, August 17, 2022
Denver, Colorado-based insurance software provider Vertafore is slated to be acquired by Roper Technologies for $5.35 billion. The company decision was announced on Thursday, August 13, 2020. The acquisition is reportedly the largest takeover deal in the firm’s history,...
San Jose Mayor Sam Liccardo has proposed mandatory liability insurance for the city’s gun owners, following the three mass shootings recorded across the country over the week. Under the said proposal, the liability insurance would cover any accidental or intentional...
Indio Technologies has recently announced its successful Series B funding. Following this news, the company declared that it has secured $20 million in funding for its insurance applications. What Indio Technologies is All About Founded in 2016 by Adam Bratt and...
The Trump administration proposes a new plan that will change how risk will be computed under the National Flood Insurance Program (NFIP). According to analysts, this program could increase the country's flood insurance premiums while property values drop in the...
Marsh recently announced it will launch, market, and promote it's proof of insurance (POI) blockchain platform in the U.S. The Canada-based global insurance and risk management firm said the platform was initially launched as a proof of concept April last...
The huge tech and music festival, South by Southwest, announced event cancellation over the spreading novel coronavirus that affects thousands of people in the world. Two of the event founders said the film festival doesn’t have the insurance needed...
Hurricane Dorian is slated to bring approximately $25 billion in damages, costing insurance companies. Analysts from UBS widened the country’s loss estimate and the storm’s impact on insurers in the area. From the initial $15 billion, UBS placed the...
Insurance technology company Lemonade seeks to raise an initial amount of $466 million as part of its underwritten public offering, states the Intelligent Insurer. However, as the company announced its secondary offering to the public, stock prices went down...
The cancel for any reason (CFAR) travel insurance rider has become more relevant during the COVID-19 outbreak. According to Forbes, travelers who need to call off their trips for any reason including the recent coronavirus spread can do so,...
Residents in areas hit by the severe cold snap can file for an insurance claim, an insurance expert said. Chief claims counsel for American Property Casualty Insurance Association (APCIA) Jim Whittle said that damages because of subpolar temperatures — such...

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