Hippo, the home insurance group that created a new standard of care and protection for homeowners, today announced an expansion of the company’s Commercial Lines homeowners association (HOA) insurance into new markets following initial positive traction and engagement since its launch in August 2021. Bringing this growth to fruition, Socotra’s platform and open APIs enable… Continue reading Hippo Partners with Socotra to Support HOA Insurance Product
Author: Farkas Laura
World Economic Forum Warns Cyber Risks Add to Climate Threat
Cyberthreats and the growing space race are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report Tuesday. The Global Risks Report is usually released ahead of the annual elite winter gathering of CEOs and world leaders in the… Continue reading World Economic Forum Warns Cyber Risks Add to Climate Threat
White House Says Insurers Must Cover Eight At-home COVID Tests Per Person Monthly
Beginnining Saturday, insurance companies will be required to cover eight over-the-counter at-home coronavirus tests per person per month, according to the Biden administration, expanding access to highly sought-after kits as Americans grapple with a surge in coronavirus cases. On Monday, the White House also stated that there is no limit to the number of COVID-19… Continue reading White House Says Insurers Must Cover Eight At-home COVID Tests Per Person Monthly
AXA Climate Announces CoreLogic as Strategic Data Provider to Expand Parametric Hail Protection
CoreLogic, a leading global property data and analytics-driven solutions provider, has been selected to expand the Hail Protection product designed by AXA Climate. With the help of CoreLogic’s proprietary data, the product is designed to help businesses recover from financial losses such as property damage or business interruption following a hail event. After a successful… Continue reading AXA Climate Announces CoreLogic as Strategic Data Provider to Expand Parametric Hail Protection
Some Hospitals Limit Capacity to Ensure Proper Patient Care Amid Omicron Surge
As a result of Covid-19, an increasing number of nurses and other critical healthcare workers are calling in sick across the United States, forcing hospitals to reduce capacity just as the Omicron variant sends them more patients, according to industry officials. Because there aren’t enough staffers to safely care for the patients, hospitals are leaving… Continue reading Some Hospitals Limit Capacity to Ensure Proper Patient Care Amid Omicron Surge
Devastating Bronx High-Rise Apartment Fire Leaves 19 Dead, Investigators Looking into Maintenance Issues
Mayor Eric Adams said Monday that officials are looking into whether a “maintenance issue” with an apartment door allowed thick smoke from a fire that killed 19 people, including nine children, to spread throughout a high-rise building in the Bronx. On Sunday, a malfunctioning space heater in the bedroom of a third-floor apartment started a… Continue reading Devastating Bronx High-Rise Apartment Fire Leaves 19 Dead, Investigators Looking into Maintenance Issues
SageSure Deploys Snapsheet Platform to Enhance Claims Management Capabilities and Customer Experience
SageSure, a technology-driven managing general underwriter specializing in catastrophe-challenged property markets, today announced it has implemented Snapsheet’s leading claims management platform to enhance the claims management process to benefit SageSure producers and policyholders. SageSure selected Snapsheet’s cloud-native claims management software to provide an agile, compliant platform for the appraisal, analysis and timely resolution of claims,… Continue reading SageSure Deploys Snapsheet Platform to Enhance Claims Management Capabilities and Customer Experience
Harrison McCorkle Joins Alliant’s Texas Team
Alliant continues to strengthen its team in Texas, hiring Harrison McCorkle as Vice President. The Houston-based property and casualty insurance expert will create strategic insurance solutions to provide strength and long-term profitability for clients across the region. “Harrison has extensive expertise creating a range of insurance solutions that protect clients in an ever-changing climate of… Continue reading Harrison McCorkle Joins Alliant’s Texas Team
Marshall Fire Insured Losses Estimated at $1 Billion: KCC
The recent severe wildfire outbreak that was named the Marshall Fire and impacted residential areas in Boulder County, Colorado, has been estimated as around a $1 billion insurance industry loss, by risk modeller Karen Clark & Company. About 1,000 properties destroyed and more damaged by the Marshall Fire, there was a strong chance insurance and… Continue reading Marshall Fire Insured Losses Estimated at $1 Billion: KCC
FAA Details 50 Airports to Include 5G Buffer Zones
The Federal Aviation Administration (FAA) on Friday released a list of 50 airports in the United States that will have buffer zones when wireless carriers launch new 5G C-band service on January 19. AT&T and Verizon Communications agreed on Monday to establish buffer zones around 50 airports to reduce the risk of disruption caused by… Continue reading FAA Details 50 Airports to Include 5G Buffer Zones