Insurtech Accelerant Raises $190 Million January 28, 2022 InsurTech Accelerant raised more than $190 million at a $2 billion pre-money valuation in its latest funding round. Atlanta-based Accelerant...
Families of Crash Victims Want Boeing 737 Settlement Reopened January 28, 2022 By David Koenig Relatives of passengers who died in crashes of Boeing 737 Max jets are pressing Attorney General Merrick Garland to help...
Insurer Looks to Close Insurance Gap for Home-Based Businesses January 28, 2022 By Chad Hemenway It seems more and more budding entrepreneurs have followed the allure of starting a home-based business, so much so that...
Kin Insurance, Omnichannel Pull Plug on SPAC Merger January 27, 2022 Digital home insurance company Kin Insurance, Inc. and Omnichannel Acquisition Corp., a special purpose acquisition company, announced they have mutually...
Crop Insurance Payouts Rise as Climate Change Worsens Droughts, Floods January 27, 2022 By Leah Douglas Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past...
Update: Marsh McLennan Q4 Net Income Jumps 100%; 6,000 Employees Added in 2021; Cyber Still Growing January 27, 2022 By Chad Hemenway Fourth quarter 2021 net income at Marsh McLennan more than doubled compared to the same period in 2020, to $803...
BlackRock Agrees to $300M Loan for Root Insurance January 27, 2022 Days after it announced it had to lay off 330 employees due to worsening loss costs, auto insurer Root Insurance...
New York Will Require Employers to Disclose Monitoring to New Hires January 27, 2022 By Jake Holland Employers in New York must disclose electronic monitoring, such as internet access and videoconferencing, to new hires under a new...
Biden Administration Officially Withdraws Employer Vaccine Rule January 27, 2022 By Dee-Ann Durbin The Biden administration has officially withdrawn a rule that would have required workers at big companies to get vaccinated or...
Biden Administration Hit for Delay in Creating New Cybersecurity Board January 26, 2022 By Alan Suderman It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a...