Construction Fintech Built Nabs $1.5B Valuation; Growth Plans Include Insurance September 30, 2021 By Gillian Tan Built Technologies, a construction industry-focused financial-technology startup, has more than tripled its valuation to $1.5 billion after raising $125 million...
Boy Scouts Preparing for Abuse Victims’ Vote on $1.6 Billion Compensation Fund September 30, 2021 By Steven Church The Boy Scouts of America are preparing to ask sex abuse victims to vote for a $1.6 billion trust fund...
Amazon Reaches Private Settlement With Workers Who Criticized Warehouse Conditions September 30, 2021 Amazon.com Inc. and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with...
Citigroup Asks Appeals Court to Let It Recoup $504M Lost in Revlon Loan Pre-Pay Error September 30, 2021 By Jonathan Stempel Citigroup Inc. on Wednesday pressed a federal appeals court to let it recoup about $504 million of its own money...
Flood Insurance Program Expires Tomorrow Unless Congress Acts September 29, 2021 As Democrats and Republicans in Washington continue to haggle over government debt and spending, federal flood insurance is among the...
Flow Insurance, Chaucer Group to Offer Residential Flood Insurance September 29, 2021 Flow Insurance Services has partnered with Chaucer Group to allow for the digital distribution of Chaucer’s new residential flood insurance...
‘Once Traffic Goes Away, People Speed.’ Study Analyzes Pandemic’s Fatal Crashes. September 29, 2021 With fewer people on the road during the early days of the pandemic, more drivers were speeding and driving recklessly,...
Why This Is Not a ‘Standard’ Hard Market and Other Views on Today’s Insurance Market September 29, 2021 By Susanne Sclafane Interesting. Fluctuating. Moderating. Fun. Those are the words that Patrick M. Gallagher, chief executive officer of Gallagher Global Brokerage for...
3 Largest Opioid Distributors to Pay Native American Tribe $75M to Settle Claims September 29, 2021 By Nate Raymond The three largest U.S. drug distributors will pay more than $75 million to resolve claims they fueled an opioid epidemic...
Workers’ Comp Pays More Than Group Health to Treat Similar Injuries: NCCI Study September 29, 2021 Workers’ compensation pays more than group health to treat comparable injuries, according to a research brief issued by the National...