DENVER, Oct. 14, 2020 /PRNewswire/ — Pie Insurance, an insurtech specializing in workers’ comp  insurance for small businesses, today announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. In less than 3.5 years since being founded, Pie Insurance has cemented its spot as the fastest insurtech company to hit these milestones. This monumental growth is evidence that small businesses, and the insurance agents who serve them, are ready to adopt a modern and automated insurance experience.

(PRNewsfoto/Pie Insurance)

“Commercial insurance in the United States generates $300 billion in annual premiums. However, the industry operates in an almost entirely analog environment,” commented Dax Craig, Co-Founder and President of Pie Insurance. “Pie leverages technology to modernize the entire insurance experience for small businesses, and our rapid growth is a testament to the huge unmet need in the market.”

Today’s milestones follow Pie’s last funding in May, in which the company raised $127 million and formed its affiliated entity, Pie Carrier Holdings. To date, Pie has raised $188 million to further the company’s mission of transforming small business insurance by automating the entire quote to claim experience—starting with workers’ comp insurance. Pie’s use of advanced analytics enables quotes in 3 minutes and savings of up to 30% for small businesses.

“Reaching $100 million in written premium in such a short time since our founding shows that there is a massive appetite for workers’ comp insurance that is simple, trusted and affordable,” said John Swigart, Co-Founder and CEO of Pie Insurance. “We recognize the numerous challenges that small businesses are currently facing, and we believe finding insurance shouldn’t add to their burden. We’re proud to help small businesses around the country save money and get workers’ comp insurance  quickly so they can focus

BENGALURU/MUMBAI (Reuters) – Physical gold was sold at a premium in India this week for the first time since mid-August as jewellers stocked up, hoping key festivals would bring customers back to stores.

FILE PHOTO: A salesman shows a gold necklace to customers at a jewellery showroom in Ahmedabad, India, Oct. 25, 2019. REUTERS/Amit Dave

Indians will celebrate Dussehra in late October and Diwali and Dhanteras in November, when buying gold is considered auspicious.

“Industry is banking on festivals for demand revival. Jewellers would be happy even if they manage to sell 50% of the last year,” said a Mumbai-based dealer with a bullion importing bank.

Dealers charged premiums of $2 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales levies, versus last week’s $6 discounts. Local gold futures traded around 50,550 rupees per 10 grams on Friday.

“Jewellers have started making purchases for festivals,” said Chanda Venkatesh, managing director of CapsGold, a bullion merchant based in the southern city of Hyderabad.

“Retail buyers have been delaying purchases for the last few months. Jewellers are hopeful they will start buying during the festivals.”

In neighbouring Bangladesh, some people resorted to selling gold with the coronavirus outbreak having shuttered businesses and choking incomes.

“As per our records, around 20,000 families sold ornaments since late March,” said Enamul Haque Khan, president of the Bangladesh Jewellers Association.

Markets in top consumer China were closed for a week-long national holiday that ended Thursday.

Gold was sold at a discount of $30-$32 an ounce on Friday, when markets reopened, said Peter Fung, head of dealing at Wing Fung Precious Metals.

In Singapore, premiums eased slightly to $0.80-$1.40 an ounce, from $0.80-$1.50 last week. [GOL/]

“Prices have gone up a bit. We did get some inquiries, but

CISCO, TX, Oct. 2, 2020 /PRNewswire/ – Wilks Brothers, LLC (“Wilks”) appreciates the overwhelming support from the Shareholders of Calfrac Well Services Ltd. (“Calfrac” or the “Company”) (TSX: CFW) and today provided answers to some of the most frequently asked questions about Calfrac and Wilks’ $0.18 cash Premium Offer for the common shares of Calfrac.

Wilks Brothers, LLC (“Wilks”) is a significant, long-term shareholder of Calfrac, who holds approximately 19.78% of Calfrac’s outstanding Common Shares. (CNW Group/Wilks Brothers, LLC.)
Wilks Brothers, LLC (“Wilks”) is a significant, long-term shareholder of Calfrac, who holds approximately 19.78% of Calfrac’s outstanding Common Shares. (CNW Group/Wilks Brothers, LLC.)

1.   Why did Wilks make the Premium Offer?

Wilks made the Premium Offer to provide Shareholders with an actionable alternative to the Management Transaction and to neutralize the threat from Calfrac that, if Shareholders do not approve the Management Transaction, they will be left with no recovery. Calfrac should not be able to threaten its way into a transaction that benefits only its executive chairman and a self-selected group of unsecured creditors.

As Wilks has said in its previous press releases, options create value; the launch of the Premium Offer focused the Board and management of Calfrac on the importance of creating value for Shareholders. Clearly it worked.  Calfrac was forced to go back to the drawing board and improve their own transaction terms. Unfortunately, the Amended Management Transaction announced by Calfrac still does not deliver adequate value to Shareholders and is significantly inferior to Wilks’ Premium Offer.  The only benefit of the Amended Management Transaction is that it has focused the debate on the essential issues: value and fairness.

2.    Calfrac has announced that if their Amended Management Transaction is not implemented, they will cause the original Management Transaction to be implemented through proceedings under the CCAA. Is it fair and legal for Calfrac to try to do this if Shareholders vote down Calfrac’s Amended Management Transaction?

It is

Haunted houses are a celebrated part of American folklore. In Massachusetts sits Lizzie Borden’s home, a surviving testament to the little girl who supposedly slaughtered her parents with an ax in the dark of night. In New York’s Greenwich Village, 22 different ghosts haunt the “House of Death,” including famed author Mark Twain. Even the White House itself is rumored to be haunted.

tall grass in front of a house: Low Angle View Of Building Against Cloudy Sky

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Low Angle View Of Building Against Cloudy Sky

Americans love their horror stories, devouring Hollywood retellings of real-life ghost stories like American Horror Story: Murder House, The Haunting of Hill House and The Conjuring

However, it’s a bit of a different matter when it happens to you.

Haunted houses are a subject that sparks much passionate debate among believers and non-believers, but a haunted house could have serious implications for your homeowners insurance. Here’s why.

[ Read: The Best Homeowners Insurance Companies ]

What Makes a House Haunted?

These are some of the signs of a haunted house:

  • Movement of objects
  • Puffs of air
  • Cold air
  • Shadows
  • Unexplained noises, voices or smells

Pets are also known to be sensitive to spirits and can help you determine if there is something off in your home. As psychic medium Chris Medina explains to Forbes, “Whether it’s physical or intuitive, you’ll definitely be able to know.


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This, however, isn’t a deterrent to some buyers. 

“I’ve had buyers who find haunted houses charming,” says Des Moines, Iowa Realtor Doug Burnett of Keller Williams Realty to the National Association of Realtors (NAR).

For Dana Bull, who works at Sagan Harborside Sotheby’s International Realty in Massachusetts, it’s a normal part of everyday life. “Salem is one of the markets where I practice real estate, and you never know what’s lurking behind closed doors,” she says.


BenaVest Reminds Insurance Subscribers on Premium Payment

BenaVest, a leading insurance agency dedicated to providing insurance services like health, life, and retirement, has reminded subscribers to pay for their premiums.

Hollywood, FL – In a recent post on their website, this topnotch provider of Obamacare health insurance in Hollywood and other varied insurance coverages has issued a reminder regarding premium payment. The agency noted that it is always advisable for insurance subscribers to start paying their insurance company upon enrollment.

They indicated that for someone to begin getting insurance coverage, they must pay their insurance company first. Otherwise, there will never be any cover until the subscriber pays first. Also, they noted key issues that many people never pay because of the limited payment methods or simply not knowing how to pay.

One arising payment concern they noted is the online payment option. On this, the agency advised clients to always seek directions from their insurance companies first before they pay online. That is because not all insurance companies have similar payment methods. While others accept online payment, most of the insurance companies do not accept such forms of compensation.

Furthermore, this reputable provider of obamacare health insurance plans Hollywood gave guidelines to individuals who have difficulties knowing if they have paid or not. One way to tell if one has paid it to log on to the marketplace account and ensure the coverage is active.

About BenaVest

BenaVest insurance agency is the top provider of all insurance solutions with experience, knowledge, plan options, and quotes for both corporations and individual families. Whether it is health insurance, life insurance, or retirement planning, the agency offers all coverage types. What makes them outstanding is their vast base of licensed agents specializing in different insurance industry areas. By this, they ensure that their clients get the most informed insurance