The newly rebranded company, Thimble, raises a $22-million Series A funding led by IAC, as it enters a new market as an SME insurance provider.
Formerly known as Verify, the startup targets drone pilots and provide insurance for damages and...
London-based insurer and reinsurer MS Amlin confirmed Monday, Oct 14, it is to exit the aviation insurance market effective on the same date.
In a press release, the global (re)insurer said it will cease aviation insurance renewals or new business,...
Last October 4, 2019, Friday, President Donald Trump signed a proclamation requiring immigrant visas applications from being approved unless individuals can prove their ability to pay for health insurance. Individuals who fail to uphold this requirement will be denied...
The fourth-largest life insurance company in the United States, Prudential Life Inc., announced its plans to increase insurance premiums for vapers. In accordance with its new policies, vapers will now be classified as smokers.
According to Bloomberg, the insurer’s decision...
The Thai Immigration Bureau recently announced that it will be implementing a policy requiring health insurance for applicants of one-year permits under a non-immigrant O-A visa. According to the Royal Thai Police Commissioner-General Chakthip Chaijinda, the new rule will...
The state of Colorado is the second state in the country to offer its own health insurance option, requiring the participation of hospitals and insurers.
A new law requires the Division of Insurance and Department of Health Care Policy and...
California-based digital insurance provider Next Insurance announced Monday, Oct 7, it has secured a $250 million funding round from one of the world’s largest reinsurers, Munich Re.
In a report from PRNewswire, the newly collected funds will be used to...
UK Insurers are at risk of being banned from charging long-time customers a “loyalty penalty,” The Guardian reported. In an evaluation by the United Kingdom’s Financial Conduct Authority (FCA), insurance firms have been overcharging loyal clients’ premiums knowing that...
As increasing natural disasters hit the United States, the Japanese insurance company Tokio Marine Holdings diversifies its overseas portfolio by acquiring Pure Group for $3.1 billion.
The company announced last Oct. 3, its bid to maintain profit growth by mounting...
Health insurance premiums for Federal employees and retirees availing the Federal Employees Health Benefits (FEHB) Program are expected to rise up to 5.6% by 2020. The change in rates will be observed starting January 1, 2020.
To inform policyholders ahead...
