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Orange Insurance Exchange Announces Launch and Entry into the Florida Property Insurance Market

Retrieved on: 
Wednesday, November 1, 2023

GAINESVILLE, Fla., Nov. 1, 2023 /PRNewswire/ -- Orange Insurance Exchange ("Orange"), a reciprocal insurer, is pleased to announce its formation and launch in the Florida property insurance market.  Orange is led by CEO Don Matz, an insurance industry veteran who was previously the CEO of Producer's National Corporation and the President of Tower Hill Insurance Group, where he spent two decades developing deep expertise in coastal property insurance underwriting.  Orange has received its Certificate of Authority from the Florida Office of Insurance Regulation and enters the Florida insurance market with the mission of providing a new alternative for property insurance policyholders. 

Key Points: 
  • GAINESVILLE, Fla., Nov. 1, 2023 /PRNewswire/ -- Orange Insurance Exchange ("Orange"), a reciprocal insurer, is pleased to announce its formation and launch in the Florida property insurance market.
  • Orange has received its Certificate of Authority from the Florida Office of Insurance Regulation and enters the Florida insurance market with the mission of providing a new alternative for property insurance policyholders.
  • The formation of Orange follows a challenging period of increased loss activity and excessive litigation in Florida, which created a severely dislocated insurance marketplace.
  • Orange will be supported by its attorney-in-fact, Orange Insurance Managers, and affiliated managing general agency and claims services companies, Inness Insurance Managers and Inness Claims Services.

Keytos Uncovers 15,000 Vulnerable Subdomains per Month in Azure Using Cryptographic Certificates

Retrieved on: 
Thursday, June 15, 2023

BOSTON, June 15, 2023 /PRNewswire/ -- The vulnerability of subdomain takeover in Microsoft Azure continues to pose a threat, with researchers at Keytos discovering approximately 15,000 vulnerable subdomains each month using cryptographic certificates.

Key Points: 
  • BOSTON, June 15, 2023 /PRNewswire/ -- The vulnerability of subdomain takeover in Microsoft Azure continues to pose a threat, with researchers at Keytos discovering approximately 15,000 vulnerable subdomains each month using cryptographic certificates.
  • Subdomain takeover occurs when a domain is left open after deleting an Azure website, providing cybercriminals with a backdoor to create fraudulent sites.
  • To take preventative measures, Keytos has developed an automated tool called EZMonitor which scans and identifies vulnerable subdomains using certificate transparency logs and checking the availability of Azure-hosted websites.
  • Keytos offers a free domain scanning tool to examine your organizations' certificates https://portal.ezmonitor.io/
    View original content to download multimedia: https://www.prnewswire.com/news-releases/keytos-uncovers-15-000-vulnerab...

DroneSense Announces General Availability of Drone as First Responder Solution for Public Safety

Retrieved on: 
Tuesday, October 11, 2022

AUSTIN, Texas, Oct. 11, 2022 (GLOBE NEWSWIRE) -- DroneSense (www.dronesense.com), developers of the most trusted and reliable software platform for public safety drone operations, today announced the general availability of DroneSense Remote and Axon Air Remote powered by DroneSense.

Key Points: 
  • AUSTIN, Texas, Oct. 11, 2022 (GLOBE NEWSWIRE) -- DroneSense (www.dronesense.com), developers of the most trusted and reliable software platform for public safety drone operations, today announced the general availability of DroneSense Remote and Axon Air Remote powered by DroneSense.
  • Many public safety agencies have drone programs where officers or firefighters operate a drone on scene while responding to an incident.
  • Drone as a First Responder (DFR) programs go further, providing vital situational awareness on calls for service even before personnel arrives on scene.
  • DroneSense Remote is available for the DroneSense platform, and Axon Air Remote is available for the Axon Air powered by DroneSense platform.

Crum & Forster Accident & Health Division Announces Launch of New Life Insurance Business Unit

Retrieved on: 
Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Today, Crum & Forster announced the launch of its new Life Insurance business unit, building on the organization's 2021 acquisition of Monitor Life Insurance Company of New York.

Key Points: 
  • New Business Unit Builds on Acquisition of Monitor Life, Catalyzes Continued Expansion of Accident & Health Product Offerings
    NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Today, Crum & Forster announced the launch of its new Life Insurance business unit, building on the organization's 2021 acquisition of Monitor Life Insurance Company of New York.
  • Crum & Forster's acquisition of Monitor Life and launch of a new life insurance business unit will allow the organization to continue expanding its Accident and Health (A&H) offerings in an evolving marketplace.
  • Since 2000, Crum & Forster's Accident & Health Division has offered a diverse portfolio of specialty insurance and reinsurance products nationwide.
  • *The C&F logo, C&F and Crum & Forster are registered trademarks ofUnited StatesFire Insurance Company.

Raising food prices and Inflation will push more migration workers abroad says Manila-based 123 Finance Corporation CEO Reuben Fischer

Retrieved on: 
Monday, July 18, 2022

The current CEO Mr. Reuben Fischer of 123 Finance Corporation said: "Philippine growth forecast, raising food prices and Inflation and will push more migration workers abroad due to the lack of increase of local wages and financial stability."

Key Points: 
  • The current CEO Mr. Reuben Fischer of 123 Finance Corporation said: "Philippine growth forecast, raising food prices and Inflation and will push more migration workers abroad due to the lack of increase of local wages and financial stability."
  • Planning Secretary Arsenio Balisacan said the impact may be positive because that would lower the demand for oil.
  • Apart from the slowdown in China, 123 Finance Corporation also cited the impact of the conflict between Russia and Ukraine, and tight monetary conditions in revising the growth forecast for APAC.
  • High costs of living and low income drives the demand for working abroad and more likely will expand the growing number of OFWs from Philippines abroad.

Raising food prices and Inflation will push more migration workers abroad says Manila-based 123 Finance Corporation CEO Reuben Fischer

Retrieved on: 
Monday, July 18, 2022

The current CEO Mr. Reuben Fischer of 123 Finance Corporation said: "Philippine growth forecast, raising food prices and Inflation and will push more migration workers abroad due to the lack of increase of local wages and financial stability."

Key Points: 
  • The current CEO Mr. Reuben Fischer of 123 Finance Corporation said: "Philippine growth forecast, raising food prices and Inflation and will push more migration workers abroad due to the lack of increase of local wages and financial stability."
  • Planning Secretary Arsenio Balisacan said the impact may be positive because that would lower the demand for oil.
  • Apart from the slowdown in China, 123 Finance Corporation also cited the impact of the conflict between Russia and Ukraine, and tight monetary conditions in revising the growth forecast for APAC.
  • High costs of living and low income drives the demand for working abroad and more likely will expand the growing number of OFWs from Philippines abroad.

Ozop Energy Solutions Receives Department of Insurance Approval

Retrieved on: 
Monday, January 31, 2022

Florida, NY, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), today announced its’ subsidiary, EV Insurance Company, Inc. has been granted a Conditional Certificate of Authority (the “CCA”) to operate as an insurance company by the Delaware Department of Insurance (the “DOI”) as of January 4, 2022. The Company also announced that on January 7, 2022, OZOP Plus was approved as the DBA for EV Insurance Company, Inc. The CCA will become final upon Ozop Plus meeting certain capital and surplus criteria of the DOI and continue to meet the accounting standards as set forth in the application for the Certificate of Authority. The Company has in hand the necessary capital and surplus required by the Delaware DOI.

Key Points: 
  • Brian Conway, CEO of OZOP Energy Solutions, Inc. stated This is the next step in being able to sell VSCs.
  • Ozop Capital Partners Inc. (Ozop Capital), a Delaware corporation and a majority owned subsidiary of Ozop Energy Solutions, Inc. Ozop Capitalwas formed as a holding company to develop a captive insurance company.
  • About Ozop EV Insurance Company, Inc. (DBA OZOP Plus)
    Ozop EV Insurance Company, Inc. (DBA Ozop Plus) was formed in Delaware on October 29, 2021.
  • On January 4, 2022, the State of Delawares Department of Insurance (the DOI), granted OZOP PLUS conditional approval to operate as an insurance company.