Infrastructure Bill Includes Safety Technology Mandates for Cars, Trucks August 3, 2021 By Keith Laing and Lillianna Byington New cars will be required to have technology to detect drunk drivers and a system to keep children from being...
Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform August 3, 2021 Colorado-based reThought Insurance, a managing general agency focused on the flood insurance market, has secured $15.5 million in investment to...
Mosaic Insurance Launches Transactional Liability Market August 2, 2021 Mosaic Insurance began underwriting transactional liability coverage with a new product launched last month in the United States amid a...
Insurance Broker Gallagher Sued Over Ransomware Attack August 2, 2021 By Andrew G. Simpson Insurance and benefits broker Arthur J. Gallagher is the target of a proposed class action lawsuit over a ransomware attack...
Robot Lawyer DoNotPay, Valued at $210 Million, Plans to Target Small Businesses August 2, 2021 By Gillian Tan DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation...
New Securities Class Actions Including M&As Down But SPAC-Related Suits Up August 2, 2021 Plaintiffs filed 112 new securities class action lawsuits in federal and state courts in the first half of 2021, down...
CNA Overcame Cyber Attack to Finish Strong in Q2 August 2, 2021 CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year...
Aon’s Price Tag for Scrapped Deal to Buy Willis Rises to $1.4B August 2, 2021 Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied...
Jury in Talcum Powder Trial Finds J&J Not to Blame for Woman’s Death August 2, 2021 By Tom Hals and Jonathan Stempel An Illinois jury on Friday refused to hold Johnson & Johnson liable for a woman’s death from ovarian cancer, which...
‘Zoombombing’ Costs Zoom $85 Million Privacy Settlement August 2, 2021 By Jonathan Stempel Zoom Video Communications Inc. agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it...