Bain, Vista Said to Be Weighing Sale of Software Firm Vertafore. Could It Bring $5 Billion? October 31, 2019 By Gillian Tan and Kiel Porter Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore...
Report: Cannabis Dispensaries May Become ‘Most Profitable’ Specialty Stores October 31, 2019 By Don Jergler Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report...
Industry Applauds House Panel Backing of Terrorism Reinsurance Renewal October 31, 2019 By Andrew G. Simpson Insurance carriers and agents are applauding a House committee vote advancing a bipartisan measure to renew the federal terrorism reinsurance...
States Eye Private Flood Insurance Model Law Industry Thinks Is Unnecessary October 31, 2019 By Jim Sams An organization of state lawmakers is moving ahead toward adoption of a “model law” designed to encourage the sale of...
Court Orders Replay of Song Copyright Case Against Taylor Swift October 31, 2019 By Edvard Pettersson Taylor Swift won’t escape so easily after all from allegations that her 2014 hit “Shake It Off” illegally copied the...
Selective Insurance Taps Marchioni to Succeed Murphy in 2020 as CEO October 31, 2019 Selective Insurance Group announced that John J. Marchioni, who has served as the company’s president and chief operating officer since...
Insurance Cost Strategy Key to Lyft’s Path to Profitability October 31, 2019 By Tina Bellon and Noor Zainab Hussain Ride-hailing company Lyft Inc. on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was well on its...
Automakers Face Independents in Battle Over Car Tech Repair Aftermarket October 31, 2019 By Tina Bellon The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine...
Miami Specialty Risk Launches Lloyd’s-Backed Cyber, Technology E&O Facility October 31, 2019 Miami Specialty Risk has launched a new cyber and technology E&O facility available in all 50 states. Backed by Lloyd’s...
Markel Adds Cybersecurity Risk Management Tool to Cyber Products October 30, 2019 Markel has launched a risk management tool for its cyber policyholders. The new WhiteHaX testing and reporting tool simulates cybersecurity...