Commercial Auto Insurtech Fairmatic Raises $42M August 31, 2022 Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding...
California Lawmakers Pass Landmark Fast Food Workers Bill August 31, 2022 By Don Thompson California lawmakers this week approved a nation-leading measure that would give more than a half-million fast food workers more power...
Washington Judge Enters Order on Washington Insurance Commissioner’s Credit Scoring Ban August 31, 2022 Judge Indu Thomas entered the final order declaring that Insurance Commissioner Mike Kreidler exceeded his authority when he issued a...
Florida Judge Dismisses Contractors’ Challenge to SB 2D’s Attorney Fee Limits August 31, 2022 By Insurance Journal Staff Reports A Florida judge has thrown out a constitutional challenge to an insurance litigation reform law, noting that the state officials...
Breaking Down Inflation’s $30B Impact on Insurers Line By Line August 31, 2022 By Susanne Sclafane Experts at McKinsey & Company estimate that inflation pushed loss costs for property/casualty insurers up roughly $30 billion last year,...
Hilb Group Acquires Cook & Co. in Massachusetts August 31, 2022 Insurance broker The Hilb Group reports it has acquired Massachusetts-based Cook & Company Insurance Services in Hanover. Cook & Co....
Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re August 31, 2022 Accelerant, an insurtech platform that aims to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a...
Greenland’s Melting ‘Zombie Ice’ Will Raise Global Sea Level by 10 Inches: Report August 31, 2022 By Seth Borenstein Greenland’s rapidly melting ice sheet will eventually raise global sea level by at least 10.6 inches (27 centimeters) — more...
First MainStreet Adds Pair of Partner Agencies in Iowa August 31, 2022 First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., announced it has added two Iowa-based partner agencies. Joining...
Beyond Zeros and Ones: When Cyber Attacks Become Physical August 31, 2022 By Elizabeth Blosfield When people think of cyber attacks, they might think of things like phishing, ransomware or data theft. But increasingly, something...