Underwriting
HOVER Raises $25M Series C; 3D Home Improvement Startup Touts P/C Insurance Partners
HOVER, a 3D technology/e-commerce startup that counts insurers among its customers, has raised a $25 million Series C financing round. The San Francisco-based company said its technology platform ...
Marsh Will Begin Rollout of Proof of Insurance Blockchain to U.S. Commercial Clients
Marsh said it will start rolling out its Proof of Insurance Blockchain platform to U.S. commercial clients. Originally launched as a proof of concept last April, Marsh's blockchain-driven Proof of ...
Workplace Injury Claims Keep Dropping With Increase in Older Workers
The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that one might think should increase claims frequency, according to a ...
SCOTUS Reinforces Company Power to Arbitrate Disputes
In a decision that could further help companies limit damages in disputes with workers, the U.S. Supreme Court on Wednesday ruled against a California man who was the victim of an online scam and ...
FTC Pursues Antitrust Suit Against Surescripts, Alleging Electronic Prescription Monopoly
The U.S. Federal Trade Commission filed an antitrust lawsuit against the health information network Surescripts on Wednesday, accusing them of using illegal means to maintain monopolies over two ...
Analyst Slams Tesla’s Performance; Says Focus on Insurance, Robotaxis Is Distraction
Tesla Inc.'s latest first quarter was "one of top debacles" ever seen in 20 years of covering tech stocks on the Street, Wedbush analyst Daniel Ives said on Thursday. The analyst said the company's ...
Two Years Late, the P/C Insurance Market Is Finally Hardening: W.R. Berkley CEO
Two years after the property/casualty insurance market experienced historic catastrophe losses, it is finally showing signs of hardening, said W.R. Berkley Corp.'s president and CEO. W. Robert ...
Rate Increases Bear Fruit During W.R. Berkley’s Q1; Net Investment Income Dips
W.R. Berkley Corp enjoyed solid premium growth in the 2019 first quarter and its reinsurance arm booked encouraging results, with the carrier crediting "further rate improvement" for the positive ...