Insurance Startup Lemonade Increases Target Price Range for IPO July 1, 2020 SoftBank Group Corp.-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking...
Boeing Withheld Facts on Flight-Control System Blamed for 2 Fatal Crashes: Probe July 1, 2020 By Alan Levin and Julie Johnsson Boeing Co. provided only “limited information” on the flight-control software later implicated in two fatal crashes on the 737 Max...
Tesla Pays CEO Musk Nearly $1M for Controversial D&O Insurance Arrangement July 1, 2020 By Dana Hull Tesla Inc. is making a one-time payment of almost $1 million to Chief Executive Officer Elon Musk related to a...
Tennessee Again Extends COVID-19 State of Emergency July 1, 2020 By Kimberlee Kruesi Gov. Bill Lee on Monday extended the state of emergency for another two months as Tennessee continues to see large...
Insurity Acquires Epic-Premier Insurance Solutions of Florida July 1, 2020 Insurity, Inc., a provider of cloud-based core systems and data analytics for insurers, brokers, and MGAs, has completed the acquisition...
UK Proposals for Financial Services ‘Unacceptable:’ EU Brexit Negotiator July 1, 2020 By Huw Jones LONDON – British proposals to give the City of London access to the European Union are “unacceptable” because they seek...
World Insurance Associates Acquires Pinnacle Insurance Group of Indiana July 1, 2020 World Insurance Associates LLC (WIA) has acquired Pinnacle Insurance Group of Indiana. Terms of the transaction were not disclosed. Since...
Exclusive Coronavirus Survey: P/C Insurance Return to ‘Normal’ Office May Take Time July 1, 2020 By Andrew G. Simpson Many property/casualty insurance professionals, most of whom have been working at home during the pandemic, may need some convincing not...
Cellphone While Driving Ban Goes into Effect in Idaho June 30, 2020 Effective July 1 using a handheld phone while operating a moving motor vehicle in Idaho is prohibited. Idaho drivers will...
Texas Bar Owners Sue Governor Over Recent Shutdown Order June 30, 2020 By Mitchell Ferman, The Texas Tribune Hoping to block Gov. Greg Abbott’s decision ordering Texas bars to close due to a rise in coronavirus cases, more...