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Insurance Business America | March 31, 2020
Chef Thomas Keller, whose restaurants collectively hold a total of seven Michelin stars, has filed a suit against his insurer over business interruption claims related to the COVID-19 pandemic. The suit, filed by attorney John Houghtaling against insurer Hartford Fire Insurance Company, requests that the court make a legally-binding decision on whether Keller’s policy allows him to recover business losses sustained in connection to the outbreak. Restaurant Hospitality reported that the law...
Insurance Business Magazine | January 29, 2020
Total insurance industry deals for December totaled $14.31 billion, according to analytics company GlobalData’s deals database. The value represented a 233.5% month-over-month spike, and an increase of 224.4% over the 12-month average of $4.41 billion. There were fewer overall deals, however, with a total of 93. That’s a drop of 3.1% over the last 12-month average of 96 deals. North America led deals activity with deals totaling $9.02 billion, according to GlobalData. The top five in...
Renaissance Alliance | February 13, 2020
Renaissance Alliance Insurance Services, an independent insurance agency alliance, has announced that three more insurance agencies in Florida have joined the network. The three independent agencies are Bellken Insurance Group in Davie, FL; Serrod Insurance Agency in Coral Gables, FL; and The Sena Group Insurance Services in Boca Raton, FL. Bellken has been providing commercial and personal insurance services since 2010. AJ Leibell serves as president of the agency. Founded in 2009, Serrod is an...
Insurance Technology
Carrot General Insurance Corp. | December 27, 2021
Carrot General Insurance Corp. ("Carrot" or the "Company"), one of the fastest-growing South Korean InsurTech announced today that the company recently surpassed 400,000 written contracts for its pay-per-mile auto insurance program. The news follows the announcement made 11 months ago that it had made 100,000 registrations back in January. "What's remarkable when you consider our accrued number of written policies is that Carrot has...
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