Newly-Formed K2-Backed Exchange to Offer Coverage for Mobile Homeowners in Florida February 2, 2021 Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American...
Tesla Agrees to Recall 135K Vehicles Over Touchscreen Display Complaints February 2, 2021 Tesla Inc. has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Repair Your Damaged Reputations, AM Best Tells UK Insurers February 2, 2021 While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of lockdowns,...
Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts February 2, 2021 By Jonathan Tirone Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal...
Sampo Should Sell Holding in Lender Nordea to Focus on Insurance: Activist Investor February 2, 2021 Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus...
Georgia Law Blocks Families of Nursing Home Residents from Suing Over COVID Deaths February 2, 2021 A suburban Atlanta nursing home where 22 people died from COVID-19 has been faulted by state inspectors for failing to...
What NFL’s Game Plan Can Teach America About Handling COVID-19 February 2, 2021 With just days to go before the Super Bowl, the Centers for Disease Control and Prevention (CDC) is cheerleading the...
Uber Vet Invests $50M in Metromile as Insurer Readies Reverse Merger to Become Public February 2, 2021 Auto insurer Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained...
Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals February 2, 2021 By Sarah Skidmore SellĀ Cyber criminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses,...