Fintech
Financial technology and innovation
Heffernan Foundation Grants $100,000 in Scholarships, Nears $1 Million Milestone
The Heffernan Foundation awarded ten $10,000 scholarships, bringing its total funding to nearly $1 million as it supports education within the community.
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Auto Injury Claim Costs Surge, Doubling Medical Inflation Rates from 2017 to 2022
Recent research reveals US auto bodily injury claims increased at over double the rate of medical inflation from 2017 to 2022, fueled by heightened legal involvement.
Read full story →Volta Metals Expands Gallium Discovery at Springer Project in Ontario
Volta Metals reports significant gallium grading from drilling beneath the Springer pit, indicating a broader mineral footprint and potential for resource expansion.
Read full story →Eric Sprott Boosts Stake in MAX Power Mining with C$10 Million Investment
Eric Sprott increases his ownership in MAX Power Mining to 19.5% following a C$10 million investment aimed at advancing its hydrogen project.
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Kinsale Insurance Challenges Duty to Defend in Oregon Construction Defect Dispute
Kinsale Insurance has filed a lawsuit to establish it owes no defense to a siding contractor involved in a significant water-damage claim against a townhome developer.
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Gold and Silver Prices Surge Amid US Job Contraction; Barrick Faces Investor Backlash
Gold and silver prices climb following a surprising drop in US jobs, while Barrick's latest deal leaves investors concerned about asset valuations.
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California Auto Insurance Market: Disparate Trends Emerge Among Carriers
California's auto insurance landscape shows mixed signals from carriers, with Kemper facing challenges while Mercury experiences improvement.
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Tennessee Appeals Board Ruling Caps Workers' Comp Payments Despite Treatment Denials
Tennessee's Workers' Compensation Appeals Board ruled employers pay capped fees for unauthorized treatments, limiting their financial liability even after denials.
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Court Upholds Insurer’s Control of Defense in Multi-Insured Dispute
A federal appeals court affirms an insurer's right to control defense despite conflicts among co-insured parties, impacting legal strategies moving forward.
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Florida Appeals Court Upholds Insurer's Appraisal Rights in Coverage Dispute
A recent ruling reinstates People's Trust's right to appraisal, clarifying insurers' options even after litigation begins.
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Navigating Knowledge Gaps in Insurance as Experienced Professionals Retire
The retirement of seasoned insurance professionals is exposing significant knowledge gaps that threaten effective risk management and client relations.
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Rethinking Extreme Weather: From Property Protection to Comprehensive Business Resilience
Extreme weather risks extend beyond physical damage, necessitating a shift toward comprehensive business resilience strategies for effective risk management.
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Smart Glasses Raise New Liability Concerns in Schools and Beyond
The rise of smart glasses is prompting serious liability concerns for various sectors, particularly in managing risks related to misconduct and privacy.
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Lincoln Financial Navigates Leadership Changes While Pushing Forward With Strategic Initiatives
Despite recent leadership departures, Lincoln Financial continues to drive growth and strategic transformation, focusing on capital returns and operational momentum.
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Tightened Broker Rules Amid ACA Enrollment Decline and Fraud Concerns
Federal regulators are imposing stricter rules on brokers handling ACA applications, targeting alleged fraudulent enrollments and improving accountability.
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Rethinking Flood Risk: Insights from Neptune Flood's Analysis of Hurricane Activity
Neptune Flood's latest analysis highlights persistent flood risks despite a quiet hurricane season, urging brokers to engage clients on coverage options.
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Ohio Court Reduces Hudson Insurance's Bond Liability After Supplier Misses Key Notice
An Ohio court has trimmed Hudson Insurance's bond obligations due to a missed notice by its supplier, impacting liability on specific projects.
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Court Ruling Affirms Insurer's Right to Cancel Workers' Comp Policy Over Audit Non-Response
A California court confirmed that employer silence during audits justifies workers' comp policy cancellation, favoring Employers Preferred Insurance.
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Farmers Insurance Prevails in Dispute Over Uninsured Motorist Claim
Farmers Insurance successfully contested claims from medical providers, establishing that the driver of an uninsured vehicle was ineligible for PIP benefits.
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Insurers Navigate Growing Data Center Risks Amid Increased Capacity Demands
The rapid growth of data centers is reshaping insurance dynamics, pushing carriers to seek global capacity and innovative coverage solutions.
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