Claims News Recap
October 29th - November 2nd
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Friday, November 2nd, 2018
Roving groups of teenage vandals wreaked havoc across the Hyde Park neighborhood on Halloween night, getting into fistfights, throwing eggs and golf balls and even setting at least two cars on fire, according to Chicago police. No injuries were reported during the roughly three-hour spree, which coincided with Halloween events in the area meant to draw young people....
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Thursday, November 1st, 2018
Numerous reports of damage across a roughly half mile area of Hardin County came in after severe weather on Wednesday evening. Officials confirmed a house in the 3600 block of Rineyville Road between Elizabethtown and Rineyville sustained roof damage around 6 p.m. A WAVE 3 News viewer sent a picture of a tree down on a home....
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Wednesday, October 31st, 2018
A hot new life insurance start-up that has caught the attention of celebrities has raised US$35 million in its latest financing round. Insurance tech company Ethos revealed that its recent funding round was led by Accel Partners and GV (formerly known as Google Ventures). Also participating in the round were return investors Sequoia Capital and Arrive....
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Tuesday, October 30th, 2018
Parametric insurance products are developing rapidly around the world. They’ve been described by global law firm Clyde & Co as “an elegant solution for risk-transfer concerns” and are lauded as attractive alternatives and enhancements to some traditional insurance policies. But what exactly is parametric insurance? Let’s start at the beginning....
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Monday, October 29th, 2018
The fraudsters are seemingly remaining one step ahead of the good guys, and the financial services industry is perpetually a prime target. In an effort to forge a coordinated strategy against fraud networks, LIMRA is hosting its first Fraud Symposium today at its annual conference. Paul Henry, client relationship director for LIMRA/LOMA, will present new data on fraud prevention....
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