Hi Marley Raises $8M in Funding Round Hi Marley, a messaging platform designed for the insurance industry, announced that it raised $8 million from investors, bringing total financing for the company to $18.6 million. The Boston based insurtech said the …
SCA Appraisal Appoints Director and Managers SCA Appraisal has created a new Customer Success division and appointed Monica Diaz as its senior director. SCA, based in Burbank, California, appointed Lucano Figueroa to lead the division’s Financial Services/Government Group, Yesenia Barreto …
Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four accounting firms facing a major cultural problem that regulators may struggle to resolve. The 1.9 billion euros ($2.1 billion) missing …
LONDON — “Black Swan” reinsurance schemes backed by governments could help businesses get insurance pay-outs after huge shocks such as the coronavirus pandemic, Lloyd’s of London said. Commercial insurance market Lloyd’s has said insurers worldwide will pay out more than …
WASHINGTON — A new report into the Federal Aviation Administration’s decision to certify the Boeing 737 MAX may help proponents seeking reforms to the long-standing practice of delegating some aircraft certification tasks to manufacturers. On Wednesday, the Transportation Department’s inspector …
The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States and other developed countries. …
NILAND, Calif. — A wind-driven wildfire destroyed homes and forced evacuations as it tore through a rural Southern California desert town near the Salton Sea, authorities said Monday. In the meantime, residents who evacuated because of a wildfire in Utah …
A plaintiff’s attorney cannot avoid a showdown with a cruise line at the federal courthouse in Miami simply by pleading the case as an action that does not require the court’s jurisdiction under admiralty law, a federal appellate court ruled …
The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years and a continuation of a decade-long trend of worsening underwriting results, according to a new AM Best report. Indeed, the …
A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty Insurance Co. that may force the insurer to correct underpayments paid to some 65,000 policyholders. A 6th Circuit Court of …