Saturday, May 18, 2024
Insurance companies in Australia are in deep waters after several firms allegedly denied customers claims due to misinterpretation of the life insurance contract. Major insurance firms like Freedom Insurance, CommInsure, TAL and Suncorp were found by the royal commission to...
An elite car enthusiast, which apparently is an insurance billionaire, sues Britain car dealer Coys, after discovering the poor condition of a $522,598 vintage Porsche. According to reports, 55-year old Andreas Pohl had second thoughts about the overall condition of...
Auto coverage early-stage firm Root Insurance received $350 million in the recently concluded Series E funding round, reports Crunchbase. This brings the company’s pool up to $523 million and its market value to $3.65 billion. The Series U round...
Ohio-based insurtech company Coterie raised $8.5 million Series A funding as it plans to specialize in the commercial insurance market. The new funding round was led by venture companies RPM Ventures, Allos Ventures, and others. Coterie is also bringing...
In the past few weeks, numerous California-based insurers have dropped thousands of home insurance policies for homeowners living in wildfire-prone areas. Nearly 350,000 cases have been affected by the decision of these companies. According to CBS San Francisco, the decision...
Following the closure of companies in Illinois, Chicago due to the pandemic, about 175,000 residents are expected to lose universal health coverage. An estimated 186,999 workers in the state have become unemployed since March, leaving them uninsured. Across the state,...
Insurance Panda, a New York City-based provider of auto insurance quotes, has posted a new article on its website that discusses a relevant topic - using bitcoin to pay for auto insurance premiums. According to a company representative, Insurance Panda...
The insurance prices accelerated by 4 percent in the third quarter of 2019, according to Willis Towers Watson’s Commercial Lines Insurance Price Survey (CLIPS). The survey looked into the prices charged on policies during the third quarter of this year,...
In the face of the global virus outbreak, more consumers consider buying insurance policies to protect them from financial losses, brought about by the novel coronavirus (NCOV-19). According to online life insurance company Fabric, people are ‘panic-buying insurance policies’...
Insurtech firm Bold Company is collaborating with leading coverage providers in the United States to further innovate the industry, says The Columbus Dispatch. With the goal of facilitating a more convenient process of getting and providing commercial coverage policies,...

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