PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as well … Read more
SACRAMENTO, Calif. (AP) — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires … Read more
How do you know the internet has a deepfake porn problem? Just look at copyright takedown requests. WIRED found this week that Google is receiving thousands of Digital Millennium Copyright Act complaints for deepfake nudes, most of which are published by just a handful of websites. Experts say the deluge of DMCA takedown requests is … Read more
The First Street Foundation study points out that insurers could offer discounts to homeowners who take steps to fortify their homes, which would help make disasters less damaging. Moore said Florida once was a leader when it came to measures like building codes, although that has changed in recent years. The state also had lacked … Read more
‘Struggling to survive’: Pennsylvania retiree slapped with lifetime penalty for delaying Medicare sign-up when she was ‘too poor to afford insurance’ — how you can avoid this costly mistake When it comes to Medicare, one seemingly minor misstep can saddle you with a lifetime of misery. Marian Leonard learned this the hard way. When she … Read more
Swiss Re CEO Christian Mumenthaler gestures during a session of the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. Fabrice Coffrini | Afp | Getty Images Insurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive market environment after a … Read more
There are only a couple days left to sign up for health insurance through the Affordable Care Act, depending on which state you live in (see below). Already, 2024 is seeing record-high enrollment in coverage through the ACA due to Medicaid disenrollment, a HealthInsurance.org source shared with CNET. The ACA is designed to give more Americans … Read more
‘They’re not super forthcoming’: This dentist says don’t ask if your oral health provider takes your insurance – you could end up paying $1,200 for a root canal. Do this instead Have you ever wondered why trips to the dentist can be so expensive, even if you have insurance? It’s not because of inflation — … Read more
If you’ll need health insurance through the Affordable Care Act in 2024, the deadline to sign up is coming quick — open enrollment ends next week for those needing insurance by Jan. 1, 2024. The ACA is designed to give more Americans access to lower-cost health insurance, and it also expands Medicaid and supports new medical delivery … Read more
We last wrote about Lassie, a pet health app and insurance provider, when it closed an €11 million Series A round in 2022. It’s growth had been spurred by the boom in pet ownership during the pandemic (nearly half of all European households now own a pet, and and owners spend €23.5 billion on them … Read more