UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used car retailer CarMax Inc. and the insurer W.R. Berkley Corp. “The completion of Series C funding represents a significant step …
Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore Inc., according to people familiar with the matter. The Denver-based company could be worth up to $5 billion in a …
PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief executive officer. The San …
Carlyle Group LP, CVC Capital Partners and KKR & Co. are among suitors that have made first-round bids for Onex Corp.’s USI Insurance Services, according to people familiar with the matter. The initial offers value the Valhalla, New York-based insurance …
Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar with the matter. His exit follows a …
Saga Plc, which provides insurance and holidays to Britain’s over-50s, confirmed earlier reports that it will sell shares in an initial public offering as its private equity owners cut their stakes. The company expects to raise about £550 million ($924 …
