Allstate Sees Surge in Demand for Pay-Per-Mile Insurance During COVID Shutdowns April 14, 2021 By Katherine Chiglinsky The COVID-19 shutdowns that swept the U.S. have been a boon for a newer auto-insurance product: pay-per-mile coverage. During the...
Aon’s Concessions to EU May Not Be Enough to Close $30B Willis Deal: Sources April 14, 2021 By Foo Yun Chee BRUSSELS – Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance...
Aon Collaborates with Insurer Partners to Protect Global COVID-19 Vaccine Shipments April 13, 2021 Insurance broker Aon plc has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for...
U.S. Recommends Pausing Use of J&J COVID Vaccine over Rare Blood Clots April 13, 2021 By Manas Mishra and Michael Erman U.S. federal health agencies on Tuesday recommended pausing use of Johnson & Johnson’s COVID-19 vaccine for at least a few...
Insurance Startup Clearcover Raises $200M, Creating Unicorn Valued at $1B: Reuters April 13, 2021 By Noor Zainab Hussain and David French Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment...
The Zebra Raises $150 Million to Expand Online Insurance Comparison Operations April 13, 2021 Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. “This...
SEC Throws Another Wrench into Wall Street’s SPAC Machine April 13, 2021 By Ben Bain, Heather Perlberg, Gillian Tan and Crystal Tse U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to...
OSHA Prepares to Issue Emergency Regulations to Protect Workers from COVID-19 April 13, 2021 By Robb Mandelbaum Mask mandates are coming down across the country, even as COVID cases are rising in most states. But the Biden...
U.S. Safety Agency Investigates Air Bags Made by Takata Successor Joyson April 13, 2021 By Keith Laing The U.S. National Highway Traffic Safety Administration is investigating potentially faulty air bags made by Joyson Safety Systems, the successor...
Simply Business Launches Liability Insurance for Social Workers April 13, 2021 Simply Business, Inc., a Boston-based digital insurance agency offering small business owners access to insurance providers, has partnered with the...