Why this MGA is betting on carbon insurance

Specialist insurance provider CFC has entered the voluntary carbon market (VCM) with the launch of a carbon delivery insurance product that safeguards the purchase of carbon credits. VCMs are decentralized markets in which individuals or organizations buy credits to voluntarily…The post Why this MGA is betting on carbon insurance appeared first on Canadian Underwriter.

Today’s Active Stocks: Vale, Intel, Uber, and More

In the last year, Vale (VALE) trended lower. Yesterday’s 5.93% break out is an unusual pattern. Expect traders to potentially take profits on higher volume today. Last month, FT reported that Value may have a £3 legal suit to defend, related to the Mariana dam disaster.After peaking at over $50, Intel (INTC) broke below $38 on Monday. Bears have enough momentum to send the chip giant down to $30. The firm relied too heavily on outsourcing chip production to Taiwan Semiconductor (TSM). Furthermore, it started work on the $100 billion U.S. factory investments. Risks are so high that the…

Court upholds Aviva’s travel deductible for trips to medical appointments

Newfoundland and Labrador’s Supreme Court has dismissed a proposed class action lawsuit against Aviva Canada and Aviva General Insurance Company over a discretionary travel deductible the insurer imposed on medical and rehab accident benefits expenses. Aviva imposed a 25-kilometre (round…The post Court upholds Aviva’s travel deductible for trips to medical appointments appeared first on Canadian Underwriter.