Former Progressive CEO Renwick, 69, Dies May 21, 2025 The Progressive Corp. published a statement that the company mourned the loss of its former chief executive officer and chairman,...
Hack of Contractor Was at Root of Massive Federal Data Breach May 21, 2025 By Jason Leopold A software company that handles sensitive data for nearly every US federal agency was the victim of a cyber breach...
Acrisure Secures $2.1 Billion Funding Round for M&A, Tech May 21, 2025 Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a...
People Moves: World Insurance Associates Names Youshock Head of Personal Lines; Belair Appointed President of Technology at Intact Insurance Specialty Solutions May 21, 2025 World Insurance Associates Names Youshock Head of Personal Lines World Insurance Associates LLC, headquartered in Iselin, New Jersey, named Michelle...
Hacker of App Used by Trump Aide Stole Data From Across Government May 21, 2025 By AJ Vicens and Raphael Satter A hacker who breached the communications service used by former Trump national security adviser Mike Waltz earlier this month intercepted...
Boost Prices or Retreat? How Carriers Improved Homeowners Books in 2024 May 21, 2025 Direct written premiums in the U.S. homeowners insurance market rose more than 13 percent in 2024, and the net combined...
Thoma Bravo’s Nearmap to Buy Insurance Tech Firm Itel for Over $1.3B May 21, 2025 Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR, the companies said on...
No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best May 20, 2025 By Chad Hemenway Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and...
Stablecoin Bill Advances in US Senate in Big Win for Crypto May 20, 2025 By Steven T. Dennis Stablecoin legislation overcame a procedural blockade in the US Senate, marking a major victory for the crypto industry after a...
Bayer Seeks Roundup Settlement, Explores Monsanto Bankruptcy: Reports May 20, 2025 Bayer is preparing a plan to settle some of its mass lawsuits over Roundup weedkiller in Missouri, and may also...