News
The Latest Launches From WAX, The Stanford Center for Legal Informatics, Hi Marley
WAX Insurance Services, a startup focused on the collectibles industry, launched a new online monoline collectible insurance policy designed to protect collectors from loss, damage and theft ...
Liberty Mutual Chairman and CEO Long to Retire at End of 2022
Liberty Mutual has announced that Chairman and CEO David H. Long will retire at the end of 2022. Timothy M. Sweeney has been chosen to succeed Long as chief executive officer effective January 2023. ...
House Committee to Hold Hearing on Soaring U.S. Traffic Deaths
A U.S. House of Representatives subcommittee on Wednesday is holding a hearing on soaring American traffic deaths and efforts to build safer roads. Last year, traffic deaths jumped 10.5 percent to ...
AXIS Exits Property Reinsurance to Focus on Specialty; Leadership Team Restructured
AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on casualty, specialty, accident and health, and credit lines. With the refocus ...
Hybrid Work Is Here to Stay for London Staff Who Don’t See Return to 5-Day Office Week
The verdict is in: Londoners enjoy and value working from home and don't see a future that includes a return to the old five-day office week, no matter what politicians, their bosses or the media ...
FTC Says $1 Billion Lost in Cryptocurrency Scams Since 2021
According to a report from the FTC, over 46,000 people lost over $1 billion in cryptocurrency from scams since the start of 2021. The losses in 2021 ($680 million) were nearly six times what they ...
Branch Achieves Unicorn Status with $147M Series C Funding
Columbus, Ohio-based InsurTech Branch recently announced a $147 million Series C funding led by Weatherford Capital. The raise brings Branch's valuation to $1.05 billion. Participating new and ...
Supreme Court Refuses to Hear COVID Business Interruption Case
The U.S. Supreme Court decided Monday that it will not hear an appeal of a decision that denied coverage for losses caused by COVID-19 shutdown orders, effectively closing the last door for such ...