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Sarabjit Singh

Sarabjit Singh
Pasadena, California, USA
New York Life Insurance Company
TEL : 626-356-7632

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News & Updates

FEMA Postpones Switch to New Risk-Based Flood Insurance Rating Until 2021

The federal government is delaying implementation of a major change to its pricing formula for federal flood insurance that bases rates on a more accurate assessment of the real flood threat for each home and reflects the cost of rebuilding a home.

Carlyle Group buys Hilb Group from PE firm

Private equity firm The Carlyle Group has agreed to acquire The Hilb Group LLC from Boston-based private equity firm Abry Partners LLC, the Richmond, Virginia-based brokerage Hilb said on Wednesday.

Low flood insurance penetration leaving mark on people, properties, and the economy

Despite intense storms in the past year and historic flooding in the Midwest in 2019, the number of homeowners with flood insurance policies in the United States has dropped by at least one-third since 2011, according to the New York Times. Moreover, only 15% of homes in the floodplains have adequate coverage in Nebraska, Illinois, and Missouri.

An alignment of interests’ in insurtech space could bring further growth

The latest Quarterly InsurTech Briefing report from Willis Towers Watson found that for Q2, there were 69 insurtech deals announced with a total value of $1.41 billion

U.S. Private Flood Insurance: The Journey to Build a New Market

Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood coverage

Apollo Insurance Solutions arrives in the US market

Canadian insurtech Apollo Insurance Solutions has officially entered the US market by offering a liability insurance product aimed at educators in California.The product enables consultants, instructors, and therapists to purchase the liability coverage required by their school districts.

Brightway Insurance celebrates 11 years in business

Brightway Insurance is still growing as it celebrates its 11th anniversary. When brothers David and Michael Miller founded the company in 2008, they set a goal of reaching $10 million in annualized written premium within a decade.

In the balance: Safety of minors vs. safety from lawsuits

Employers can generally restrict job references to dates of employment to avoid defamation claims despite an appellate court’s affirmation of an insurer’s denial of coverage for a school district that