Claims / Legal
Insurers Could Be Unknowingly Subsidizing Marijuana Grow Houses
While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size is thriving. Some enterprising growers are working on ways to get home insurers to cover their capital ...
Two Former Grand Princess Passengers Sue Owners, Alleging Profits Over Safety
A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship's owner for more than $1 million, claiming the company put profits over safety and did not have proper ...
Aon Alleges Fraud Over $300 Million Brazilian Acquisition Deal
British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ...
UK Storms Lead to Nearly $474M in Insurance Payouts: ABI
Insurers expect to pay more than $473.7 million to UK customers hit by the recent Storms Ciara and Dennis, according to initial estimates from the Association of British Insurers (ABI). Initial ABI ...
New York Residents Can Buy Travel Insurance With Coronavirus Protections
Travel insurers and travel agents will offer New York residents and businesses the ability to buy coverage that would allow them to cancel a trip for any reason, including those related to ...
Tractable’s AI-Focused Disaster Recovery Tech Has Global Possibilities: CEO Dalyac
Now that Tractable has nailed down $25 million in new venture financing, founder and CEO Alex Dalyac's growth plans are kicking in. The InsurTech startup, launched in 2014, develops artificial ...
Pie Insurance Enters Missouri Market With Small Biz Workers Comp Cover
Pie Insurance, an InsurTech offering workers compensation insurance to small businesses, has expanded its offering to Missouri. The addition increases Pie's coverage area to 34 states and the ...
Baby Monitors, Wireless Cameras Vulnerable to Cyber Hacking
Baby monitors and wireless cameras risk being hacked by cyber criminals unless people take security measures to protect themselves, British security experts warned on Tuesday. Internet-connected ...