Underwriting
Octo Telematics Plans Hiring Surge
Octo Telematics said it expects to hire more than 100 people – a 30 percent growth of its headcount - in a bid to strengthen the talent it has developing current and future technologies. The ...
Liability Worries: Pharmacies Yank J&J Sunscreens Off Shelves After Carcinogen Revelation
Pharmacy chains CVS Health, Walgreens Boots Alliance and retailer Walmart Inc began pulling Johnson & Johnson's sunscreen products off their shelves after J&J said it had detected a ...
N26, a Fintech and On-Demand Insurer, Could Hit $10B Valuation in New Fundraising
N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with ...
‘Sunny Day’ Floods Becoming Increasingly Common With Rising Sea Levels: NOAA
Record high-tide flooding washed over U.S. coasts in the past year, and rising sea levels are expected to send the deluges into streets, homes and businesses even more frequently over the next ...
P/C Insurers Plan to Boost Their Use of Actuarial Automation: Willis Towers Watson
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What's more, COVID-19 has been a major factor in the trend. The ...
Amazon Presses for End of NY Lawsuit Over COVID-19 Standards at Warehouses
Amazon.com Inc on Wednesday pressed a New York judge to dismiss a lawsuit by state Attorney General Letitia James claiming the online retailer failed to ensure worker safety at two New York City ...
Two InsurTechs Merge, With a Focus on Broadening Embedded Insurance Reach
Two InsurTechs plan to merge in an effort to more broadly tap into embedded insurance demand for travel and other e-commerce businesses. Seeto, which focuses on helping e-businesses build embedded ...
Coalition Joins Canada’s Excess Cyber Insurance Market
Coalition plans to enter the excess cyber insurance market in Canada with enhanced coverage to help protect businesses. With the coverage, the San Francisco-based cyber insurance and security company ...