Markets
Hurricane Ida Pounds Louisiana, Creates Risk of ‘Life-Threatening’ Flooding
Hurricane Ida pounded Louisiana after sweeping ashore from the Gulf of Mexico, flooding wide areas under heavy surf and torrential rains as fierce winds toppled trees and power lines, plunging New ...
Root Views Independent Agents as Consistent With Digital Growth Plans
Root is the latest InsurTech to acknowledge that digital insurance won't necessarily take over the industry, because independent agents remain a vital part of the sales and distribution of policies. ...
Microsoft Warns Thousands of Cloud Customers About Exposed Databases
Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world's largest companies, that intruders could have the ability to read, change or even delete their ...
No Pain, No Gain? Peloton Faces U.S. Regulatory Probe Over Treadmill Injuries
Peloton Interactive Inc said on Friday U.S. regulators were investigating the company, adding to the exercise bike maker's woes as it deals with a backlash over reports of accidents involving its ...
New Product Alert: Cloud Outage Insurance, Amped-Up Specialty Insurance, Cyber Cover Twist
ELEMENT and Parametrix Insurance are partnering on parametric cloud outage insurance for companies in Germany. Mosaic Insurance and DXC Technology have launched an insurance technology platform that ...
T-Mobile Claims No Continuing Risks to User Data From Recent Breach
T-Mobile US Inc said on Friday it was confident there were no continuing risks to user data from a breach disclosed earlier this month that affected more than 53 million current, former and ...
6 U.S. States Fail to Join $26B Opioid Settlements With Distributors and J&J
At least six U.S. states, including Georgia, did not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson , which have been accused of fueling the ...
InShare Raises $7.5M to Grow Insurance Products, Services for the Sharing Economy
InShare has pulled in $7.5 million in seed financing designed to help it expand. The Arizona-based InsurTech hopes to provide insurance products and services to Sharing Economy platforms across ...