Metromile Shareholders Approve Acquisition by Lemonade February 2, 2022 Metromile said its stockholders have approved its acquisition by digital insurer Lemonade. The transaction is expected to close in the...
Use of Fertilizer Behind Explosions, Fires Declines Due to High Risks February 2, 2022 By Elizabeth Elkin The nitrogen fertilizer causing a stir over imminent danger of explosion in North Carolina has been fading from the U.S....
How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers February 2, 2022 By Joseph White, Hyunjoo Jin and David Shepardson Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology,...
People Moves: Great American P&C Names Thompson President; Philadelphia Insurance Promotes Ricca, Rosencrans, Flowers February 2, 2022 Great American Insurance Group announced that David L. Thompson Jr. has been named president and chief operating officer of Great...
Chubb Net Income Drops in Q4, More Than Doubles for Year February 2, 2022 By Chad Hemenway Chubb reported fourth quarter 2021 net income of $2.1 billion, a decrease of 11.5% compared to the same period the...
Insurance Technology: C&F Pet Insurance Adds Health Tool; Frederick Mutual Adds Digital Document Protection February 2, 2022 Petriage, a pet health technology company, has developed a veterinary platform it calls a “teletriage symptom analysis tool” that informs...
Sweeping Class Action Accuses NFL Teams of Racial Bias Against Blacks February 2, 2022 By Andrew G. Simpson The recently fired head coach of the Miami Dolphins has filed a scathing lawsuit accusing the National Football League of...
Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines February 1, 2022 Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised...
U.S. Offers States $1.15B to Clean Up Abandoned Oil and Gas Wells February 1, 2022 The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and...
13 States Agree U.S. Law Does Not Bar Mexico’s $10B Suit Against U.S. Gun Makers February 1, 2022 By Nate Raymond Thirteen U.S. states and two Latin America and Caribbean nations on Monday threw their support behind a lawsuit from Mexico...