‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC May 20, 2021 By Gillian Tan and Crystal Tse Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led...
Arrowhead Launches E&S Program, Names Murray as President May 20, 2021 Arrowhead General Insurance Agency Inc. has launched a new excess and surplus lines program and named Bill Murray as its...
Climate Change Caused $8 Billion of Hurricane Sandy’s Economic Losses: Study May 20, 2021 By Kanupriya Kapoor When Hurricane Sandy barreled over New York City and the East Coast in 2012, it caused $63 billion in damage,...
Suit Claims Owners Drove Brooks Brothers to Bankruptcy to Avoid Paying Investor May 20, 2021 By Jonathan Stempel and Claudia Cristoferi The billionaire Italian family that until recently owned Brooks Brothers has been accused in a lawsuit of driving the iconic...
Insurance Comparison Site Jerry Raises $28 Million May 20, 2021 Auto insurance comparison site Jerry has raised $28 million in new financing. The startup, which operates as a licensed insurance...
Organizations Miss Competitive Advantage by Underemphasizing Emerging Risks: Marsh May 19, 2021 Cyber attacks, climate change, geopolitical unrest — organizations agree on what some of the emerging risks that pose threats are....
USAA Expands Telematics Auto Insurance App SafePilot to 7 More States May 19, 2021 Military family-focused insurer USAA is expanding its SafePilot program to seven additional states, bringing the total where the telematics program...
Metromile, Hippo Begin Offering Bundled Auto, Home Coverages in 8 States May 19, 2021 Metromile and Hippo Insurance are partnering to offer home and auto insurance in a discounted bundled product. Drivers and homeowners...
ISC Launches General Liability Program for Gig Economy Contractors May 19, 2021 Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data...
Amazon Continues Moratorium on Police Use of Its Facial Recognition Software May 19, 2021 By Jeffrey Dastin Amazon.com Inc. said on Tuesday it is extending until further notice a moratorium it imposed last year on police use...