Fans of Juul’s sleek vaporizers will soon have to find an alternative source of nicotine. The Food and Drug Administration ordered Juul Labs Inc. to stop selling all of its e-cigarette products in the United States on Thursday. According to the agency, retailers should stop selling Juul products and consumers should look for alternatives. Juul… Continue reading FDA Bans Juul From Selling E-Cigarettes
Author: Farkas Laura
Administration Overhauls Rules on School Sexual Discrimination
Students and school employees may soon be able to file complaints for all sex-based discrimination, rather than just sexual harassment and assault, according to the Education Department. The proposed new guidelines from the Biden administration, which address how schools should apply federal regulations ensuring equal access to education, significantly expand protections beyond the current interpretation… Continue reading Administration Overhauls Rules on School Sexual Discrimination
IBHS’s “Wildfire Prepared Home” Program to Distinguish Homes Mitigated Against Wildfire
Wildfire Prepared Home™, the first-ever wildfire mitigation program to allow homeowners to achieve a designation showing they’ve taken the science-based actions required to meaningfully reduce their home’s wildfire risk, is now open and accepting applications from single-family homeowners in California. A voluntary program based on the latest wildfire research from the Insurance Institute for Business… Continue reading IBHS’s “Wildfire Prepared Home” Program to Distinguish Homes Mitigated Against Wildfire
Pie Insurance Expands Coverage to Alabama and Oregon
Pie Insurance (“Pie”), an insurtech company specializing in workers’ comp insurance for small businesses, today announced small business owners in Alabama and Oregon have access to its workers’ comp insurance. Today’s expansion increases the company’s coverage footprint to 38 states and Washington D.C, representing 89 percent1 of small businesses in the U.S. Workers’ comp insurance… Continue reading Pie Insurance Expands Coverage to Alabama and Oregon
Allstate, Progressive End Relationships with Maine Insurance Agency after Juneteenth Sign
An insurance agency in Millinocket, Maine, is facing online backlash after a photo circulated on Facebook of a sign taped to the business’s door on Monday saying, “Juneteenth ~it’s whatever… We’re closed. Enjoy your fried chicken & collard greens.” The image of the sign at the Harry E. Reed Insurance Agency, an affiliate of national… Continue reading Allstate, Progressive End Relationships with Maine Insurance Agency after Juneteenth Sign
Lightning Caused $1.3 Billion in U.S. Homeowners Claim Payouts in 2021: Triple I
According to the Insurance Information Institute (Triple I), more than $1 billion in lightning-caused U.S. homeowners insurance claims were paid out to 60,000-plus policyholders in 2021, with California accounting for 40% of that total ($523 million). The Triple-I discovered the following based on national insurance claims data compiled to coincide with Lightning Safety Awareness Week… Continue reading Lightning Caused $1.3 Billion in U.S. Homeowners Claim Payouts in 2021: Triple I
Investors’ Housing Bets Are on Shaky Foundations
During the pandemic, major property investors became homebodies. Rising interest rates will make it more difficult for them to remain housed. Investors continue to pour large sums into residential property, just as some home buyers are still willing to pay record prices. According to MSCI data through June 20, they have spent approximately $103 billion… Continue reading Investors’ Housing Bets Are on Shaky Foundations
Homeowners Insurance Provider Openly Secures $75 Million in Series C Fundraising Round
Openly, the technology-enabled provider of premium homeowners insurance through independent agents, today announced that it has closed a $75 million Series C investment. The round involves a mix of current and new investors, including Advance Venture Partners, Clocktower Ventures, Obvious Ventures, Gradient Ventures, PJC Ventures, Techstars, and Mtech Capital. Openly’s mission is to empower independent… Continue reading Homeowners Insurance Provider Openly Secures $75 Million in Series C Fundraising Round
Clements Worldwide Selects Bolt to Expand Insurance Services for Returning Expats
Clements Worldwide, a leader in international insurance solutions for individuals and organizations, announced its new partnership with Bolt Insurance Solutions, the insurtech with the country’s largest technology-enabled insurance exchange for P&C, to offer insurance solutions to customers returning or relocating to the United States. For over 75 years, Clements has been the preferred broker for… Continue reading Clements Worldwide Selects Bolt to Expand Insurance Services for Returning Expats
Corporate America Pushing Back on Climate Disclosures
Top U.S.-listed company business associations have reacted angrily to the Securities and Exchange Commission’s (SEC) historic proposal to require corporate America to disclose a range of greenhouse gas emission figures. According to public correspondence sent to the agency, groups such as the US Chamber of Commerce, the Bank Policy Institute, the National Association of Manufacturers… Continue reading Corporate America Pushing Back on Climate Disclosures