News
Rising Auto Rates Affecting ‘Bundle’ Strategy: J.D. Power
Bundling home and auto insurance may have hit a roadblock as consumers have started to break up policies largely due to increases in auto insurance premiums, according to J.D. Power. Overall ...
Pie Insurance Raises $315M in Largest U.S. InsurTech Financing Round of 2022
Pie Insurance, an InsurTech specializing in workers compensation insurance for small businesses, said it raised a $315 million Series D round of funding — the largest round of financing for any ...
InsurTechs Planck, Federato, CoverTree, Bamboo Connect With Investors
In the days leading up to the Insuretech Connect conference in Las Vegas in mid-September, InsurTechs Planck, Federato, CoverTree and Bamboo were among those announcing fund raises in double-digit ...
U.S. Traffic Deaths in First Half 2022 Hit 16-Year High
U.S. traffic deaths rose 0.5 percent in the first half of 2022 to 20,175, the highest number killed in the period since 2006, according to an early estimate released by U.S. regulators. Traffic ...
Autobrake Performance Dips After Sundown: IIHS
A nighttime test of pedestrian automatic emergency braking (AEB) systems to address the high percentage of pedestrian crashes that occur on dark roads has been introduced by the Insurance Institute ...
American Family First U.S. Insurer to Join The Climate Pledge
American Family Insurance has become the first U.S.-based insurance company to sign The Climate Pledge, joining 375 other national and global companies across more than 53 industries and 34 countries ...
Mexico Struck by Powerful 7.5 Magnitude Earthquake on Fateful Anniversary
A magnitude 7.6 earthquake struck western Mexico on Monday on the anniversary of two devastating temblors, killing at least two people, damaging buildings, knocking out power and sending residents of ...
State Farm Agrees to Settle Katrina Claims Lawsuit With Mississippi AG
Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate ...