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...
As Delta Variant Spreads, Officials and Firms Push Vaccines, Masks Over Lockdowns August 4, 2021 By Maria Caspani and Dan Whitcomb New York City will become the first major U.S. city to require proof of COVID-19 vaccination at restaurants, gyms and...
Study Finds Hands-Free Cellphone Laws Effective at Preventing Deaths, Injuries August 4, 2021 New research finds that hands-free cellphone laws are associated with fewer driver deaths, and laws in 21 states allowing only...
Ruling Against Dentist’s COVID Business Interruption Could Be Key Win for Insurers August 4, 2021 By Jim Sams A federal appellate court ruling that dismissed a dental practice’s COVID-19 business interruption claim might be the beginning of the...
Philips Breathing Ventilator Recall Rated as Most Serious August 4, 2021 By Mrinalika Roy The U.S. Food and Drug Administration on Tuesday classified the recent recall of some of Philips’ ventilators as Class 1,...