Maria Valdez Haubrich, Author at ProgramBusiness | Where insurance industry clicks

Patra Announces Major Milestones for Patra AI Platform

The updates expand access to AI-powered insurance automation for a broad range of insurance organizations.

Lawmakers Question Health Insurers on Rising Premiums and Affordability

Family health insurance icon on wooden blocks with stethoscope on white background. Concept for medical protection, healthcare policy, family wellness, and affordable health coverage plan.

Lawmakers from both parties offered competing explanations for the rising costs. Some focused on industry structure, while others pointed to federal policy decisions.

Lemonade Announces Rate Cuts for Tesla Drivers Using Full Self-Driving Software

Koahsiung, Taiwan - June, 16, 2022: Man using automatic driving car on highway

Lemonade said the rate cut will reach 50% for eligible drivers enrolled in its pay-per-mile insurance product. The new offering will launch in Arizona on Jan. 26, followed by Oregon in February.

How Finance and Insurance Can Support Innovation and Resilience Through Regulation

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The global insurance and finance industries are positioned to address an increasingly complex set of risks as the world enters the second quarter of the 21st century. These risks include climate adaptation, geopolitical uncertainty, emerging cyber threats, and rising longevity. According to leaders speaking at a recent TheCityUK and World Economic Forum workshop in London,… Continue reading How Finance and Insurance Can Support Innovation and Resilience Through Regulation

New Jersey Enacts Licensing and Insurance Requirements for E-Bikes After Fatal Crashes

Public bicycle system, Boy, Day, Smiling, Childhood

The legislation, signed into law on Monday, establishes licensing, registration, and insurance mandates for all electric bicycles in the state.

Ethos Announces Launch of Initial Public Offering

Ethos, a life insurance technology company focused on expanding access to life insurance, announced today that it has launched the roadshow for its proposed initial public offering of Class A common stock.

National Study Maps 5,500 Coastal Facilities Facing Flood Risk From Rising Seas

Tilt-shift view of waves breaking along the coast of Northern California.

The findings focus on locations where flooding could intersect with sites that store or process potentially hazardous materials.

AIG and CVC Announce Strategic Partnership

American International Group, Inc. and CVC announced a strategic partnership focused on supporting AIG’s long-term investment objectives while leveraging CVC’s capabilities in insurance solutions and private markets innovation.

Zurich Submits Improved Proposal to Acquire Beazley

Zurich Insurance Group announced that it has submitted an improved proposal to the board of Beazley plc to acquire 100% of the company. The proposal outlines the terms of a possible cash acquisition and sets out Zurich’s position, valuation rationale, and next steps under the UK Takeover Code. Proposed Offer Terms Under the proposal, Beazley… Continue reading Zurich Submits Improved Proposal to Acquire Beazley

Property Casualty Insurance Market Shows Steady Growth Through 2035

Little planet. Aerial view of Hong Kong Downtown. Financial district and business centers in smart city in Asia. Top view. Panorama of skyscraper and high-rise buildings.

The global property casualty insurance market continues to expand at a measured pace, supported by regulatory requirements, risk management demand, and ongoing technology adoption across the insurance sector.