Insurers Expect COVID-19 Liability Claims Against Employers as Employees Return August 6, 2021 By Carolyn Cohn, Noor Zainab Hussain and Kirstin Ridley Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected...
HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO August 5, 2021 By Andrew G. Simpson HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and...
Submit Your ‘Best’ Tip for Sales, Marketing & Agency Management August 5, 2021 Want to be a part of Insurance Journal’s 101 Ideas issue? Submit your best tip or advice for agency owners...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion August 5, 2021 Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for...
Many InsurTechs Go Under Quietly While Others Ride Funding Wave August 5, 2021 By Susanne Sclafane While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for...
Kaseya Ransomware Attack Triggers Race to Hack Other Managed Services Providers August 5, 2021 By Joseph Menn A ransomware attack in July that paralyzed as many as 1,500 organizations by compromising tech-management software from a company called...
Judge Says LinkedIn Must Face Lawsuit Claiming It Overcharged Advertisers August 5, 2021 By Jonathan Stempel A U.S. judge said Microsoft Corp.’s LinkedIn must face a lawsuit claiming it inflated the number of people who watched...
Atlantic Hurricane Forecast Still Calls for an Above-Average Season August 4, 2021 Conditions remain in line for the current Atlantic hurricane season to be an above-average one, according to the mid-season update...
Mexico Seeks $10 Billion in Damages in Liability Suit Against U.S. Gun Makers August 4, 2021 By Dave Graham and Laura Gottesdiener Mexico sued several gun makers in a U.S. federal court on Wednesday, accusing them of reckless business practices that supply...
Investors Complete Acquisition of Specialty Insurer ProSight Under Plan to Go Private August 4, 2021 Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition...