BlueCross BlueShield of Vermont − the largest health insurer in Vermont with a 66% market share − is threatened with insolvency because of its declining reserves, according to a state regulator. Kevin Gaffney, commissioner of the Vermont Department of Financial Regulation, said Friday he’s confident BCBSVT will remain solvent, which is his department’s responsibility to
Travel insurance startup Faye announced it has raised $31 million in Series B funding, bringing the company’s total funding to $49 million. The round was led by Portage, a global investment platform, along with contributions from Lumir Ventures, F2 Venture Capital, Viola Ventures and Munich Re Ventures, which also led the company’s Series A funding
NewsVoir Gurgaon (Haryana) [India], July 30: BajajCapital Insurance is proud to announce the launch of its new Pet Insurance segment, available now on BajajCapitalInsurance.com. With this addition, pet parents can now compare policies for their beloved dogs, ensuring their furry companions receive the same peace of mind they provide to their owners. This innovative product
MODESTO — A San Joaquin County woman said her home insurance company of nearly 40 years abruptly canceled her coverage over what it spotted from a drone’s view high above her property. Joan Van Kuren of Modesto reached out to CBS13 and the Call Kurtis consumer investigative team to look into it. For more than
So far this month, Nio had 18,700 insurance registrations, Xpeng 7,800, Li Auto 43,000, Tesla 41,900, Xiaomi 11,400 and BYD 257,900. For the week of July 22-28, Nio (NYSE: NIO) vehicles had 5,400 insured registrations in China, up 17.39 percent from 4,600 in the previous week, according to data shared today by Li Auto (NASDAQ:
FRANKFORT, Ky. — The Kentucky Group Health Insurance Board will hold a meeting at 2 p.m. ET, Tuesday, July 30, at 501 High Street or Zoom. The meeting will be as follows: What: Kentucky Group Health Insurance Board (KGHIB) meeting When: Tuesday, July 30, 2024, at 2 p.m. Eastern Time Where: 501 High Street or
Insurance rates have been on the rise, but some local agents are seeing a light at the end of the tunnel. If you’ve been paying attention to your rates, you may have seen some double-digit increases these past few years after a period of little-to-no bumps; this is the result of what insurance agents like
Will the recent CrowdStrike outage trigger cyber insurance premium increases for end customers, MSPs or MSSPs? It’s a good question, particularly since the Crowdstrike outage wasn’t triggered by a cybersecurity event but instead by a system update issued by the company. How will insurance companies account for that? Will Brooks, channel chief at cyber insurance
Consumers are interested in auto insurance shopping and switching, according to the latest loyalty indicator and shopping trends (LIST) report from J.D. Power, in collaboration with TransUnion. The Q2 2024 results show a shopping/quote rate of 13.3%, compared to 12.8% last quarter. It went as high as 13.5% in March and May this year. The
Many insurances are offered here in northern Nevada to ensure your home is protected if there is any flood, fire or earthquake damage. Officials from State Farm tell us fire damage is covered in every homeowner insurance. They say areas that are prone to wildfires will sometimes not be insured for certain periods of time.