U.S.
Conti Ransomware Gang Has Struck 16 U.S. Health and Emergency Networks: FBI
The Federal Bureau of Investigation said that the same group of online extortionists blamed for striking the Irish health system last week have also hit at least 16 U.S. medical and first response ...
The Latest Launches From Chubb and Utica National
Chubb introduced a new insurance product for the lower middle market segment. Utica National Insurance Group is partnering with two companies to provide crisis public relations services to its school ...
Broker Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs
Broker Truist Insurance Holdings will acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160 million of annual revenue to Truist ...
Mile Auto Raises $10.3M, Teams With Ford to Advance Auto Telematics Tech
Mile Auto, a telematics-driven auto insurance MGA, is armed with $10.3 million in new funding. The Atlanta-based InsurTech plans to partner with Ford Motor Company and expand efforts to target ...
Commercial Auto Tort Reform Bill Passes in Texas Senate
A bill that proponents say will help control abusive lawsuits against commercial motor vehicle operators following accidents has passed the Texas Senate. House Bill 19 would have a big impact on the ...
Self-Driving Car Legislation Held Up in Senate Over Liability Concerns
A debate over who to blame — or sue — when a self-driven car hits someone is holding up legislation the industry says it needs to advance. "If another driver hits you, it's clear who the driver ...
InsurTech Startup Omnidya Sees Benefits in Crowdfunding Versus Straight VC
Most InsurTech startups seek out venture capital to help fuel their initial development goals. Omnidya is turning to a crowdfunding campaign to raise money. Omnidya's Founder and CEO Kumar Patel is ...
Lemonade Makes Progress Building Its Brand, Spending Money to Make Money
Lemonade remains a money-loser, but the digital insurer continues to take steps toward building a sustainable business. One of those key areas is in advertising spend. In the company's Q1 2021 ...