Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer December 1, 2023 By Chad Hemenway Brinson Caleb “BC” Silver, former chief marketing officer for insurtech Root, has pleaded guilty to stealing more than $10 million...
Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles November 30, 2023 By Tom Krisher Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey...
Meta Asks Appeals Court to Tell FTC it Cannot Reopen Privacy Case November 30, 2023 By Diane Bartz Meta Platforms, which owns WhatsApp, Instagram and Facebook, filed a lawsuit asking an appeals court to stop the U.S. Federal...
Leadership Changes at The Hartford With New Heads of Commercial, Personal Lines November 30, 2023 The Hartford said it will head into 2024 with new heads of commercial and personal lines and announced additional leadership...
AM Best: Adverse Results Linger For Nonstandard Auto November 30, 2023 By Allen Laman AM Best reported a net underwriting loss of $333 million for the U.S. nonstandard auto insurance segment during the first...
Q3 2023 Signals Six Years of Premium Increases for Commercial Lines: CIAB November 30, 2023 By Chad Hemenway Overall commercial property/casualty premiums increased slightly more than 8% on average in the third quarter, marking six full years of...
Insurtechs Unite to Launch InsurTech Coalition November 30, 2023 Members from several insurtechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry...
Ransomware Prompts Multistate Hospital Chain to Divert Some ER Patients November 30, 2023 By Jonathan Mattise A ransomware attack has prompted a healthcare chain that operates 30 hospitals in six states to divert patients from at...
Alleged Leader of Multi-State Auto Fraud Ring Arrested in Florida After 4 Years in Hiding November 29, 2023 By Insurance Journal Staff Reports A Washington State man, on the lam for four years and wanted in connection with $6 million in auto insurance...
Okta Says Hackers Stole Data for All Customer Support Users November 29, 2023 By Graham Starr Okta Inc. has discovered that hackers who breached its network two months ago stole information on all users of its...