Industry News
Tech Bytes: New Partnerships at Falvey, bolttech, AkinovA
Falvey partnered with Canopius U.S. and is accepting inland marine submissions following the recent appointment of the team at Falvey Insurance Group. Inland Marine products offer terms and ...
U.S. Proposes 56% Vehicle Emissions Cut by 2032, Requiring Big EV Jump
The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move it says could mean two out of every three new vehicles ...
Third Point’s Loeb Looking to Take SiriusPoint Private
Billionaire investor Daniel Loeb is considering taking SiriusPoint Ltd private less than three years after he agreed to combine his hedge fund's reinsurance business, Third Point Re, with rival ...
MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust
Aspect Labs Ltd., the London-based managing general agent, has officially opened its doors for business, targeting small to mid-market risks that are not big enough for Lloyd's of London. Initially ...
Mother Sues Maine School Over Keeping Teen’s Gender Transition Private
A Maine woman is suing a school district whose counselor encouraged her teen's social gender transition, providing a chest binder and using a new name and pronouns, without consulting parents. It's ...
Arch Insurance Acquires InsurTech Thimble
Arch Insurance said it has acquired Thimble, an InsurTech platform that enables small businesses to get insurance coverage by the job, month or year using app, website or over the phone. Terms were ...
Lawsuit, Adjuster Say UPC Altered Louisiana Estimate After Hurricane Ida
The practice of insurance companies revising independent adjusters' damage reports may be as widespread in Louisiana as it is in Florida, according to adjusters and a plaintiffs' attorney who has ...
Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022
Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28 percent increase over 2021 even though the number of claims decreased last year, according to the Insurance ...