Otonomi, a managing general agent (MGA) insurtech startup offering parametric insurance for supply chain disruptions, is building on a $3.4 million capital investment in September 2022 to further develop its offerings and add to the distribution modes it covers. ATX Venture Partners, Bering Waters Ventures, Greenlight Re Innovations, and GSR Ventures made the initial investment,
Louisiana is buried so deep under the current property insurance crisis that it’s possible to forget that flood insurance remains a daunting challenge as well. U.S. Sen. Bill Cassidy took to the Senate floor recently to remind his colleagues of this. We’re glad he’s keeping a spotlight on the issue and working to wrangle a
Angle down icon An icon in the shape of an angle pointing down. Mary, not pictured, doesn’t think she’ll ever be able to retire. SDI Productions/Getty Images Mary, a 68-year-old, must keep working after a pancreatic cancer diagnosis. She faces reduced Social Security benefits because her previous employer paid into a pension. Older Americans increasingly
D.J. Bettencourt | Guest Columnist When it comes to insurance, consumers typically focus on the monthly premiums they pay, but oftentimes many of us will neglect to read our policies until we really need them. It’s natural that we don’t want to consider the unpleasant things in life, like illness or accidents, until they occur.
Editor’s note: For five weeks, we are profiling two young people each week who are making a difference in the South Bend region. Whether they are already in the spotlight or escaping much public attention for their efforts, these young people are putting in the work to make their neighbors’ lives better. Check them out
How to find the best price, perks when booking a cruise Find the cruise that works for your budget with these tips. Problem Solved Travel insurance is a must for cruises, as medical bills can be high. Even a low level of travel insurance can cover medical bills from your ship. If you opt for
Homeowners struggling to obtain fire insurance may have relief on the horizon as lawmakers work to bring insurance companies back to California. In recent years, many insurance companies have begun canceling policies across California, blaming a mix of climate change, extreme weather, and rising costs. “This is the worst I’ve seen it since 1994 and
Rosie Romero Special to the Arizona Daily Star Question: My insurance rates keep increasing and I don’t have any claims. Why is this happening? Answer: We have heard stories about or experienced first-hand, rising homeowners insurance rates. Rosie on the House certified partner Clay Janson, agency principal with Phocus Insurance Services, discusses the causes of
LAS VEGAS (KTNV) — Injectable weight-loss drugs like Ozempic and Mounjaro are skyrocketing in popularity, but they aren’t cheap and insurance often won’t cover the cost. However, there are ways to get covered by insurance, as long as people meet certain requirements, like having a high body mass index of 27 to 29. Affordable weight
DEAR MISS MANNERS: I’m an auto claims insurance adjuster, and occasionally take calls from customers whose loved ones have been killed in an accident. While I can almost always assist with their insurance needs, I don’t know how to end the call. It feels wrong and insensitive to end the call the way I normally