Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters April 13, 2021 By Noor Zainab Hussain and David French Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment...
The Zebra Raises $150 Million to Expand Online Insurance Comparison Operations April 13, 2021 Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. “This...
SEC Throws Another Wrench into Wall Street’s SPAC Machine April 13, 2021 By Ben Bain, Heather Perlberg, Gillian Tan and Crystal Tse U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to...
OSHA Prepares to Issue Emergency Regulations to Protect Workers from COVID-19 April 13, 2021 By Robb Mandelbaum Mask mandates are coming down across the country, even as COVID cases are rising in most states. But the Biden...
China Forces Restructuring of Ant Group into Financial Holding Firm April 13, 2021 By Tony Munroe BEIJING – China has imposed a sweeping restructuring on Jack Ma’s Ant Group, the fintech conglomerate whose record $37 billion...
U.S. Safety Agency Investigates Air Bags Made by Takata Successor Joyson April 13, 2021 By Keith Laing The U.S. National Highway Traffic Safety Administration is investigating potentially faulty air bags made by Joyson Safety Systems, the successor...
Weak Tornado Confirmed in South Carolina from Weekend Storms April 13, 2021 The National Weather Service confirmed Sunday that a weak tornado hit near Moore in upstate South Carolina on Saturday. Surveyors...
Former Employee at W. Virginia Nonprofit Charged with Stealing $4.7M April 13, 2021 A former employee of a West Virginia nonprofit organization has been accused of embezzling more than $4.7 million in federal...
New Zealand Becomes 1st Country to Introduce Climate Change Law for Insurers, Banks April 13, 2021 New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to...
MS Amlin Acquiring International Transportation Marine Office in Arizona April 13, 2021 MS Amlin is acquiring managing general agency International Transportation and Marine Office and its associated subsidiaries. Completion of the transaction...