Survey: Younger Generations More Tolerant of FraudA significant number of Americans ages 44 and younger show a high level of tolerance for insurance fraud, according to a new survey of insurance consumers by Verisk and the Coalition Against Insurance Fraud. The accompanying study found that while …
Acrisure Acquires TEn, Will Go to Market as Eleven NetworkAcrisure said it has acquired TEn Insurance Services Ltd. As part of the acquisition, TEn will go to market as Eleven Network. The deal is expected to close in the near term, pending FCA regulatory approvals. Terms were not disclosed. …
Supreme Court Limits Reach of Federal ID Theft LawThe U.S. Supreme Court yesterday narrowed when identity theft can be included as part of federal criminal charges. In the case (Dubin v. U.S.), the high court found that not every use of another’s identification means there has been an …
Insurer Not Liable for Botched Fracking OperationA well servicing company that damaged 53 natural gas wells by using a defective chemical during a hydrofracking operation is not entitled to insurance coverage for a $13 million jury verdict because there was no accident, a panel of the …
Insify Raises €10 million Series A Extension Led By Munich ReInsify, an insurtech for SMEs, has raised an additional €10 million, bringing its total Series A funding to €25 million. Munich Re Ventures led the extension round and was joined by existing investors including global venture fund Accel – who …
Connecticut Lawmakers Pass Wrong-Way Driver BillConnecticut lawmakers, still grieving the death of a fellow legislator killed in a wrong-way crash in January, have given final legislative approval to a bill that attempts to address the large increase in wrong- way crashes on the state’s roads. …
Hawaii’s Active Kilauea Begins Erupting After 3-Month PauseKilauea, one of the most active volcanoes in the world, began erupting on Wednesday after a three-month pause, displaying spectacular fountains of mesmerizing, glowing lava that’s a safe distance from people and structures in a national park on the Big …
