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Ill. Panel Affirms Insurer Win In Another COVID Coverage Suit

By Grace Dixon (July 3, 2023, 3:00 PM EDT) -- An Illinois appellate panel rejected yet another hotel company's pandemic insurance coverage appeal, ruling that though some future virus might be able to cause physical damage to a property, COVID-19 did not.... ...

The Merck Judgment: Implications for cyber insurers and policyholders

The underlying message to all insurance carriers is that they must make policy exclusions and conditions crystal clear to customers. Photo: Yurii Kibalnik/Adobe Stock In June 2017, a small vulnerability in a Ukrainian accounting software led to what was possibly one of the...

How Often Do Health Insurers Say No to Patients? No One Knows.

It’s one of the most crucial questions people have when deciding which health plan to choose: If my doctor orders a test or treatment, will my insurer refuse to pay for it? After all, an insurance company that routinely rejects recommended care could damage...

What do FinOps and parametric insurance have in common?

Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. The rise of FinOps already fueled multiple acquisitions, including IBM’s plan to acquire...

CURE Celebrates Two Years in Michigan

Nearly 100,000 Insured Drivers, First Detroit Office, New Campaign Against Predatory TowingDETROIT, June 30, 2023 /PRNewswire/ -- CURE auto insurance celebrates its two-year anniversary since its entrance into Michigan with nearly 100,000 drivers, new jobs and a new office in The Icon building...