U.S.
Bolttech Raises $180M to Supercharge Insurance Company Matchmaker Platform
Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York ...
Global Cyber Reinsurance Rates Skyrocketed 40 Percent for July Renewals: Willis Re
Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware ...
NHSTA Orders Crash Reports on Autonomous Vehicles, ADAS-Involved Accidents
The U.S. government's highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems. The move Tuesday by the ...
Gas Station Files Class Action Against Colonial Pipeline After Cyber Attack
Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May that paralyzed the U.S. East Coast's flow of gasoline, diesel and jet fuel. EZ ...
Robinhood Financial To Pay $70M to Settle Regulatory Probe
Online broker Robinhood Financial LLC has been ordered to pay $70 million for 'systemic supervisory failures' that harmed thousands of consumers in the process, an industry regulator announced on ...
Florida Governor Vetoes PIP Auto Insurance Bill
Florida Governor Ron DeSantis has vetoed a measure intended to replace auto insurance personal injury protection (PIP) coverage with bodily injury coverage limits and a requirement that insurers ...
How Pres. Biden’s Tax Plan Impacts Global Reinsurance, Fla. Homeowners
The bills for the Biden administration's multitrillion-dollar American Jobs and American Families plans are expected to be footed by additional revenues generated by The Made in America Tax Plan. A ...
SEC Climate Disclosure Seen Triggering Flood of Lawsuits
The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that Wall Street and the biggest tech companies say will lead to a ...