Day: October 5, 2018

Lending Tree to Buy Online Insurance Service QuoteWizard for $370M

Online financial services marketplace LendingTree Inc. pronounced it has concluded to acquire QuoteWizard.com, one of a largest online word comparison marketplaces. Since a first in 2006, QuoteWizard has helped scarcely 40 million consumers emporium for auto, home and health word from some-more than 30 carriers and 10,000 agencies. Its...

CVS Pledges Aetna Will Remain in Hartford for during Least 10 Years

Connecticut officials have perceived central assurances that CVS Health Corp. will keep Aetna Inc. in Hartford for during slightest a subsequent decade. The oath is enclosed in a joining minute CVS delivered Wednesday to a Connecticut Insurance Department. CVS had pronounced in Jan that it had no skeleton to...

Connecticut’s RVI Group Appoints Fan to Lead Passenger Vehicle Insurance and Analytics

RVI Group, a Stamford, Conn.-based provider of residual value insurance, has allocated Wei Fan to lead a Passenger Vehicle Insurance and Analytics businesses. Under Fan’s leadership, a Passenger Vehicle Insurance and Quantitative Analysis teams, that partner closely on business growth and operations of RVI Analytics, are being consolidated. This...

Disaster Declaration Approved for Flash Flood Recovery in New York

President Donald Trump has authorized a disaster stipulation for upstate New York counties strike by serious peep flooding in August. The stipulation sealed Monday by a Republican will concede a counties to request for sovereign financial assistance to cover a income spent on cleanup and liberation efforts. Flash flooding...

Israeli Risk Modeling Firm Kovrr Launches Silent Cyber Risk Identification Product

KOVRR, a provider of predictive displaying for cyber insurance, announced a wordless and certain cyber risk product. The new product enables word and reinsurance carriers to brand uncalculated collateral during risk and quantify routine clauses that might leave them probable in a eventuality of a cyber-attack, pronounced Tel Aviv-headquartered...

Chubb Names Parsons Sales Leader for North America Personal Risk Services

Chubb has allocated Mary Parsons, executive clamp president, Sales and Distribution leader, for a North America Personal Risk Services (PRS) division. In this role, Parsons will be obliged for achieving essential expansion targets opposite all regions in a United States, executing on pivotal sales initiatives, and building group and...

Markel India Is Now Open for Business, Providing Specialist Facultative Reinsurance

Markel International, a London-based dilettante insurer and reinsurer, announced that a Mumbai bureau is now open and actively essay business. Markel pronounced it provides dilettante facultative reinsurance to internal Indian insurers, in a extended operation of blurb classes including marine, energy, contingency, and veteran and financial risks. “We are...

Prosecutor Says Colorado Marijuana Laws Too Loose, Jeopardize Safety

Colorado’s complement for controlling pot has too many loopholes that costume bootleg activity and jeopardise open safety, a sovereign prosecutor said, detailing his proclivity for boosting inspection in a initial state to broadly concede cannabis sales. U.S. Attorney Bob Troyer pronounced he is quite endangered with how companies that...

Arizona Dam Could Fail And Flood Village, Officials Warn

An gritty dam in Arizona’s southern dried could destroy and inundate a tiny encampment given a lake behind it is distended with runoff from a ruins of Tropical Storm Rosa, officials pronounced this week. Ali Chuk, a Native American encampment with 162 people on a Tohono O’odham (TOH’-oh-no OH’-tum)...

Wisconsin Company Hit with Fine Following Refinery Explosion

Federal officials have fined a northwest Wisconsin enlightening association some-more than $83,000 for reserve violations associated to an blast that harmed dozens of people and led to an evacuation. The Occupational Health and Safety Administration cited a Superior Refining Company for 8 critical violations of reserve government procedures. The...