Insurtech Startup Blackboard Insurance Receives Approval in Virginia

Blackboard Insurance has announced the approval of its commercial insurance package in Virginia, bringing capabilities to middle market customers in 47 states and territories. Blackboard’s commercial insurance package includes property, general liability, auto, and umbrella across the manufacturing, real estate, … Source: Insurance News

Vermont Reaches Settlement with Nursing Homes After Fatality

Vermont’s attorney general announced a settlement with three of the state’s nursing homes over allegations of neglect that resulted in serious injuries to three residents and the death of a fourth. The settlement with the three Genesis Healthcare subsidiary-operated nursing … Source: Insurance News

ProAssurance Looks to Acquire NORCAL in $450M Deal

Healthcare liability insurer ProAssurance Corp. has agreed to acquire medical professional liability insurer NORCAL Mutual Insurance Co. following NORCAL’s demutualization in a $450 million transaction. Based on available estimates of premium, the combination of these companies is expected to create … Source: Insurance News