Tesla Tells U.S. Lawmakers Autopilot Requires ‘Constant Monitoring’ March 9, 2022 By David Shepardson Tesla Inc. defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving (FSD) capability but...
Insurtechs Kin, Talage Report Successful New Financing Rounds March 9, 2022 Kin Announces $82M First Close in Series D Financing Direct-to-consumer home insurance company Kin Insurance last week announced the $82...
Insurers Refuse to Pick Up Bill for Billions in Opioid Claims March 8, 2022 By Jef Feeley A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers,...
J&J’s Controversial Prison Testing Resurfaces in Baby Powder Lawsuits March 8, 2022 By Jef Feeley More than 50 years ago, nearly a dozen men incarcerated outside of Philadelphia enrolled in an experiment funded by Johnson...
Wall Street Regulator to Propose Climate Risk Rule As Early As March 16, Say Sources March 8, 2022 By Katanga Johnson and Jarrett Renshaw The U.S. Securities and Exchange Commission (SEC) plans to propose its landmark climate risk rule as early as Wednesday, March...
Zywave Agrees to $11 Million Fund to Settle ITC Data Breach Lawsuit March 8, 2022 Insurance technology provider Zywave has agreed to offer an $11 million fund to settle a class-action lawsuit related to a...
APCIA: Inflation Outpacing Premium Increases for Auto and Homeowners Lines March 8, 2022 By Jim Sams US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at...
Insurtech Root Focused on Embedded Insurance, CEO Says March 8, 2022 By Susanne Sclafane While he didn’t say that distribution of Root Insurance products through independent agents was off the table in 2022, the...
People Moves: Applied Financial Lines Adds 3; Sandbox Ventures Welcomes Chamness March 7, 2022 Applied Financial Lines Names Noble, Owen and Dau Nebraska-headquartered specialty insurer Applied Underwriters has expanded its Applied Financial Lines unit...
U.S. Supreme Court Spurns Google Bid to Avoid Shareholder Lawsuit March 7, 2022 By Lawrence Hurley The U.S. Supreme Court on Monday declined to hear Alphabet Inc’s attempt to nix a lawsuit by shareholders accusing the...