Insurance

Supporters are praising the legislation for closing insurance gaps among Hispanics

Supporters are praising the legislation for closing insurance gaps among Hispanics

Odalys Avila’s job is to find answers – answers for families who are used to being told no. “We have a lot of clients who are undocumented, and so if you’re undocumented, they don’t qualify for anything, unfortunately,” he said. Avila works for Servicios de la Raza, a social service organization serving the Latino community …

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NasdaqCM:UIHC

Insiders who made big bets on United Insurance Holdings Corp. (NASDAQ: UIHC ) earlier this year would be disappointed by a 10% drop

Recent price drop of 10% in United Insurance Holdings Corp (NASDAQ: UIHC ) shares may have disappointed insiders, who bought $1.3 million worth of shares at an average price of $2.54 over the past 12 months. Insiders invest in the hope that their money will increase in value over time. However, due to recent losses, …

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Cyber ​​insurance and MDR security provider Acrisure acquires MSP, an IBM consulting firm

Cyber ​​insurance and MDR security provider Acrisure acquires MSP, an IBM consulting firm

by Jim Masters • Jul 22, 2022 Acrisure, a fast-growing fintech, cyber insurance and MDR (managed detection and response) provider, has acquired and placed two MSPs in its cyber services division. The acquisitions, which include Catalyst Technology Group and ITS Inc., further align the MSSP, MSP, MDR and cyber insurance markets. These are the 669 …

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Fannie Mae executes two credit insurance risk transfer transactions on $33 billion in single-family loans

Fannie Mae executes two credit insurance risk transfer transactions on $33 billion in single-family loans

WASHINGTON, July 22, 2022 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) today announced that it has executed its seventh and eighth Credit Insurance Risk Transfer™ (CIRT™) transactions of 2022. As part of Fannie Mae’s ongoing effort to reduce taxpayer risk by increasing its role in the private equity mortgage market, CIRT 2022-7 and CIRT 2022-8 transferred …

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Most Business Insurance Renewal Rate Changes Remain High: Ivans Index

New Now you can listen to Insurance Journal articles! Premium renewal rate changes in all major lines of business increased year-over-year, with the exception of the workers’ compensation line, which remained negative, according to Ivans Index’s second-quarter results. Compared to Q1 2022, the index showed an increase in the Q2 average premium renewal rate change …

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