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Cision PR Newswire | September 29, 2020
Coverance Insurance Solutions is pleased to announce a $10.5 million financing led by CUNA Mutual Group, with participation from existing investor Strandview Capital. Coverance is an independent insurance agency that helps seniors navigate the complex Medicare insurance market to obtain the optimal policy and save money. CUNA Mutual Group is a leading insurance, financial services and technology company that helps credit unions provide their members with the solutions to attain finan...
GEICO | March 24, 2020
To help customers in a financial pinch in the wake of the COVID-19 pandemic, GEICO has announced that it is temporarily pausing cancellation of coverage due to non-payment and policy expiration. According to a company release, the pause will remain in effect through April 30, 2020. On top of the suspension of cancellations, GEICO also has plans to offer flexible, special payment plans to those who need it once normal billing operations resume. “This ongoing situation impacts everyone, and ...
huncho | April 09, 2020
Insurtech startup honcho – provider of the UK’s first reverse auction marketplace for financial services – have completed their latest investment raise as their mission to revolutionise how consumers buy insurance continues.The Durham-based innovator has brought a further £1.2m of investment into their business with participation from crowd investors, Insurtech Gateway and existing investors Finance Durham which was established by Durham County Council and ove...
Berkshire Hathaway and Progressive | January 27, 2020
The owners of a California-based solar power company have pleaded guilty in connection to a scheme that defrauded nearly a billion dollars from companies such as Berkshire Hathaway and Progressive Insurance. Jeff Carpoff – owner of DC Solar – pleaded guilty to conspiracy to commit wire fraud and money laundering in a California federal court. His wife and co-owner of the company, Paulette, pleaded guilty to charges of money laundering and conspiracy to commit an offense against the U...
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