December 5, 2024
Insurance

Liberty Bankers Insurance Group, Vendor Sued Over Data Breach

Liberty Bankers Insurance Group and its third-part administrator Landmark Admin LLC and were hit with a pair of proposed class actions brought by insurance customers alleging the companies failed to properly protect the personal, financial, and health information of 806,000 individuals from hackers during a month-long data breach. Landmark mailed notification letters dated Oct. 23

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Insurance

Town Manager, Mayor expect town to lose National Flood Insurance Program discount | News, Sports, Jobs – FORT MYERS

Town of Fort Myers Beach Director of Operations, Compliance Director and Community Development Director Frank Kropacek (left) with Town of Fort Myers Beach Manager Andy Hyatt (right). Fort Myers Beach Observer file photo Town of Fort Myers Beach Manager Andy Hyatt told the town council he believes the town will not

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Insurance

Insured solutions: How insurance-based tools can unlock climate tech

This blog was authored by Peter Tufano, Baker Foundation Professor at Harvard Business School and Senior Advisor to the Harvard Salata Institute for Climate and Sustainability, with support from the Environmental Defense Fund, including Andrew Howell, Senior Director for Sustainable Finance.  Any references below do not constitute an endorsement of the firms or products mentioned.  

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Insurance

King Risk buys Connecticut-based Suzio Insurance Centre

Suzio Insurance Centre provides insurance solutions for individuals and businesses in Connecticut. Credit: fizkes/Shutterstock. King Risk Partners, an entity in the insurance brokerage sector, has completed the acquisition of Suzio Insurance Centre, an insurance provider in Connecticut. This move is expected to reinforce King Risk Partners’ foothold in north-eastern US while integrating insurance knowledge and

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Insurance

Data show massive insurance increase for those convicted of DUI

WICHITA, Kan. (KWCH) – This month is “Sober October” for thousands of Americans who have chosen to take a break from alcohol to focus on their health and safer choices. New research shows what could happen to your insurance rates if you decide to drink and drive. The latest data from market watch show how

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Insurance

Supplemental Security Insurance November 2024: You’re Getting 2 Checks This Month

Supplemental Security Income beneficiaries are due to get not one but two checks this November. The payment schedule can change month to month depending on which day a month starts. Below is the payment schedule for the rest of the year so you know when your checks will arrive.  Supplemental Security Income is a program run

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Insurance

Role of Private Flood Insurance Has Room to Grow With NFIP Instability

Back-to-back hurricane landfalls in the span of less than two weeks have placed flood insurance in a new light for many inside and outside of the insurance industry, if not front and center. Images of flood and storm damage from North Carolina and Florida can be a startling reminder that a standard homeowners’ insurance policy

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Insurance

What are high-deductible health insurance plans?

Open enrollment — the window during which you can sign up for health insurance or make adjustments to your current plan — starts Nov. 1. With it, there comes a whole lot of jargon to wade through before you can make some very financially consequential decisions. One term you might come across is a high-deductible

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Insurance

Insurance expert: Rising wildfire risk drives coverage crisis in Washington

Kenton Brine COURTESY OF NWINSURANCE.ORG By MIKE MALTAISWard Media Staff Reporter CHELAN – As wildfire risk accelerates, homeowners’ insurance costs rise, and coverage becomes increasingly difficult to acquire and keep, the Chelan Fire and Rescue Board of Commissioners invited an insurance specialist to address their Oct. 21 meeting on wildfires and insurance. Kenton Brine is

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Insurance

AI’s Role in Transforming Insurance

SINGAPORE, Oct. 30, 2024 /PRNewswire/ — At the 2024 Hong Kong FinTech Week InsurTech Forum, Charles Hung, CEO of Blue Insurance; Gilbert Leung, CEO of Novo AI; and Priscilla Ng, Prudential’s Group Chief Customer & Marketing Officer explored the transformative role of AI in the insurance sector. The discussion centered around AI’s ability to enhance

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