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Massachusetts Insurance Policies Exclude Covid-19 Business Losses

In Verveine Corp. v. Strathmore Insurance Company, Supreme Judicial Court SJC, highest Commonwealth of Massachusetts court, ruled COVID-19 pandemic business losses not covered by insurance. Virus does not physically alter or affect property under All-Risk property policy.
United States United Kingdom Commonwealth Of Massachusetts Appeals Court Supreme Judicial Court Insurance Agency Inc

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Insurtech Startup Honeycomb Raises $15.4MM in Series A Round, Led by Ibex Investors

DENVER and TEL AVIV, Israel, Jan. 20, 2022/ PRNewswire/-- Honeycomb today announced that it has raised $15.4 million in a Series A funding round led by Ibex Investors. The U.S. and Israel- based company, which only began writing U.S. policies in June of 2021, now operates in four states-- Illinois, Arizona, Michigan, and Ohioโ€“ with plans this year to launch in ten more states...
United States Tel Aviv San Francisco Itai Ben Zaken Gal Gitter Alyssa Meyer

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