News
Startup Focused on Digital Customer Interactions for Insurers and Others Raises $14.5M
A startup focused on developing a platform guiding digital customer interactions for insurers and other businesses has raised $14.5 million in new financing. Lightico said that Mangrove Capital ...
Dog Collar Liability Ruling Could Harm Amazon’s Broader Business Model
A federal court ruling that Amazon.com Inc. can be held liable for a dog collar sold on its website that partly blinded a woman could complicate the online merchant's business if it is applied ...
Expect Fewer, Bigger and More Tech-Savvy P/C Insurance Agencies in the Future
There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused ...
Getsafe CEO Predicts Lemonade Will ‘Struggle’ in Germany
Lemonade has promise but won't necessarily face smooth sailing with an expansion into Germany, predicts the head of Getsafe, one of its European rivals. "Lemonade will have to struggle in Germany," ...
UPDATED: Nationwide to Adopt Bold Penguin’s Digital Portal Tech For Commercial Lines P/C Agents
Nationwide is partnering with Bold Penguin, a digital portal startup for commercial lines property/casualty agents, in an effort to speed up the underwriting process for its products. The insurer ...
The Latest Launches From GEICO and Great American Insurance Group
GEICO's insurance agency arm is teaming with Jewelers Mutual Insurance Group to offer its customers a separate jewelry insurance policy. Great American Insurance Group's Alternative Markets Division ...
Buffett Commits Roughly $3.6B in Berkshire Hathaway Stock to Five Charities
Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to ...
India Mulls More Relaxing of Foreign Investment Rules for Insurance, Other Sectors
The Indian government on Friday said it will consider further liberalizing foreign direct investment (FDI) rules in certain sectors, part of its efforts to make Asia's third-largest economy a more ...