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Insurance Business Magazine | January 28, 2020

Cyber insurance coverage is seen as a loophole in a proposed New York bill that bans municipalities from paying ransomware demands. Senate Bill S7246 (SB S7246) was introduced earlier this month in the New York State Senate in response to a wave of ransomware attacks that have hit Riviera Beach and Lake City in Florida, New Bedford in Massachusetts, and Atlanta in Georgia. The bill was introduced by state senators Phil Boyle, George Borrello, and Sue Serino with the goal of funding necessary upg...

INSURANCE TECHNOLOGY

JAB Holding | June 22, 2022

On June 20, JAB Holding Company and Fairfax Holdings Limited announced a strategic partnership. JAB’s pet insurance business has agreed to acquire all of Fairfax’s interests in the Crum & Forster Pet Insurance Group™ (“C&F Pet”) and Pethealth Inc., including all of their worldwide operations. Fairfax will also make a $200 million investment in JCP V, JAB’s latest consumer fund. “Fairfax is very happy to partner with Olivier Goudet ...

CORE INSURANCE,INSURANCE TECHNOLOGY

One80 Intermediaries | November 24, 2022

One80 Intermediaries (One80), a specialty insurance broker headquartered in Boston, today announced that it has acquired instaCOVER, an independent insurance agency and technology platform specializing in point of sale insurance coverage for commercial equipment, healthcare, rental equipment and other markets. Terms of the deal were not disclosed. instaCOVER’s customizable insurance programs include financed equipment insurance, titled vehicle protection, rental waivers and ...

CORE INSURANCE, INSURANCE TECHNOLOGY

IMG | March 01, 2023

On February 28, 2023, International Medical Group (IMG), an insurance services provider, was awarded Forbes Advisor's Best of 2023 Awards in the category of travel insurance companies. Forbes Advisor has recognized it for the second year in a row. IMG's iTravelInsured Travel LX plan has particularly attracted the attention of Forbes Advisor. It is an excellent travel insurance solution for dog owners and a popular insurance plan of IMG. It provides insurance coverage for...