AM Best has assigned a Financial Strength Rating of A- (Excellent) to Pie Insurance Group.
Author: Annie George
Florida Startup Slide Buys 91,400 Homeowners Policies from UPC Insurance
A Tampa insurance technology startup has acquired more than 91,400 Florida homeowners insurance policies from St. Petersburg’s UPC Insurance.
SLK, V-Labs Automate CNA Insurance Processes
Technology services firm SLK Software and AI company V-Labs have partnered with CNA Insurance to automate new business submissions, claims and other processes for the insurer.
Swiss Re to Split Reinsurance Business Operations
Swiss Re today announced plans to streamline its organizational structure, splitting the current Reinsurance Business Unit into P&C Re and L&H Re.
FTC Fines GoodRx for Unauthorized Sharing of Health Data
The Federal Trade Commission imposed a $1.5 million penalty on telehealth and prescription drug discount provider GoodRx Holdings Inc.
Death Toll Rises, Power Outages Skyrocket as Ice Storm Wreaks Havoc in Texas, Mid-South
A crippling ice storm wreaked havoc on the Lone Star State and mid-South, plunging more than 300,000 utility customers into darkness.
Court Rejects J&J Bankruptcy Tactic
The 3rd Circuit Court of Appeals halted J&J’s two-step on Monday, ruling that its cash-flush subsidiary lacked a legitimate claim to bankruptcy protection because it was not in “financial distress.”
Noldor Hires Tech and Insurance Veteran as COO
Noldor, a data analytics platform providing digital access to MGA data across the program business value chain, announces Scott Quiana has joined the company as chief operating officer.
ITC’s 2022 Annual Data Breach Report Reveals Near-Record Number of Compromises
According to ITC’s 2022 Annual Data Breach Report, the number of data compromises in 2022 (1,802) was only 60 events short of the previous all-time high set in 2021 (1,862 compromises).
MarshBerry Report: Specialty Market Firms in High Demand in 2022
Specialty distributors will outpace their retail broker counterparts in 2022, ending the year with a record number of deals.