Tuesday, 23/10/2018 | : : UTC-4
Insurance Breaking News | Home & Auto Insurance
  • Lemonade slaps ONE Insurance coverage with lawsuit
    Lemonade slaps ONE Insurance coverage with lawsuit

    Insurtech big Lemonade has filed a lawsuit towards ONE Insurance coverage, its mother or father wefox Group and founder Julian Teicke, accusing the defendants of copyright infringement, breach of contract and violations of the Pc Fraud and Abuse Act. An excerpt of the grievance filed in New York by Lemonade states: “Defendants repeatedly accessed the […]

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  • Citigroup to pay $100 million to settle US Libor rigging probe
    Citigroup to pay $100 million to settle US Libor rigging probe

    (Reuters) — Citigroup Inc. agreed to pay $100 million to settle costs by most U.S. states that it defrauded authorities and nonprofit entities by manipulating Libor, an rate of interest benchmark that underlies a variety of shopper transactions. The settlement with the third-largest U.S. financial institution was introduced on Friday by New York State Lawyer […]

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  • Commerce credit score insurers pay out report quantity at begin of 2018
    Commerce credit score insurers pay out report quantity at begin of 2018

    ABI reveals that insurers received greater than 40 claims a day. The £54m of UK home commerce credit score insurance coverage claims paid out within the first three months of 2018 was a document for the primary quarter of a yr, the Affiliation of British Insurers (ABI) has revealed. The commerce physique famous that the […]

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  • Gore Mutual’s Quick Ahead Returns for Second Yr
    Gore Mutual’s Quick Ahead Returns for Second Yr

    Gore Mutual’s Quick Ahead Returns for Second Yr Greg Dalgetty, Editor on June 15, 2018 A crowd of 750 brokers descended on Koerner Corridor in Toronto on June 14 for Gore Mutual’s newest Quick Ahead occasion. The day featured panel discussions on quite a lot of points brokers face in an more and more digital […]

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  • Twin Asset Underwriting unveils plane product
    Twin Asset Underwriting unveils plane product

    Product covers a variety of authorized possession dangers together with fraud and forgery. Twin Asset Underwriting has launched Plane Title Insurance coverage to hitch its authorized possession insurance coverage providers. The supplier has partnered with US agency AIC Title Service to launch the coverage within the UK and throughout Europe which can primarily be bought via […]

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  • Clone dealer targets individuals by way of Fb
    Clone dealer targets individuals by way of Fb

    Clive Jones, common supervisor at Automotive Insurance coverage four u, says dealer has had calls and emails from a variety of potential shoppers who’ve been approached by the fraudsters. Automotive Insurance coverage four u employees came upon that a clone agency was utilizing their buying and selling identify after potential clients contacted them about quotes […]

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  • Home of Commons rejects a number of key amendments to Hashish Act
    Home of Commons rejects a number of key amendments to Hashish Act

    One battle may be over, however the conflict is simply starting. Days after the Canadian Senate handed the Hashish Act with 46 amendments, sending C-45 again to the Home of Commons for approval, the federal government now plans to reject a number of of the important thing modifications. These embrace asserting the provinces’ proper to […]

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  • Russian state reinsurer shoulders extra danger after US sanctions
    Russian state reinsurer shoulders extra danger after US sanctions

    (Reuters) — Dozens of commercial crops in Russia have turned to the state’s reinsurance firm for canopy after an extension of U.S. sanctions made it troublesome to get reinsurance elsewhere, the top of that agency informed Reuters. The Russian Nationwide Reinsurance Co. has signed new contracts for dozens of commercial crops since new sanctions took […]

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  • Unica Insurance coverage, Portage Mutual Insurance coverage stay full companions of BIP
    Unica Insurance coverage, Portage Mutual Insurance coverage stay full companions of BIP

    Unica Insurance coverage, Portage Mutual Insurance coverage stay full companions of BIP The mission of the BIP is to boost consciousness of the insurance coverage dealer distribution community. Employees on June 14, 2018 The Insurance coverage Brokers Affiliation of Canada (IBAC) is happy to announce that Portage Mutual Insurance coverage and Unica Insurance coverage Inc. […]

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