U.S.
Next Insurance Snatches Up Juniper Labs, a Data/Underwriting Tech Startup
Next Insurance - an InsurTech focused on small business coverage - has closed its first acquisition. More could be on the horizon. The California-based company startup acquired Juniper Labs, a ...
Facebook Risks Losing Instagram, WhatsApp Over U.S., State Antitrust Lawsuits
Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and nearly every U.S. state filed lawsuits against the social media company, ...
Executives On The Move at Swiss Re and AXA XL
Swiss Re's Corporate Solutions Unit promoted an executive within its Engineering & Construction North America division. AXA XL's North America construction business promoted an executive to a ...
$2 Trillion Won’t Be Enough for the Next Black Swan Event
There aren't many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout from COVID-19 has left insurers issuing existential warnings and businesses ...
COVIDigation Part 3: What’s the Deal With Business Interruption Claims?
Well, 2020 is almost over. Am I right? Following up on previous work exploring the relationships between COVID-19 and business interruption insurance litigation, in this article we evaluate trends ...
Negative Outlook Continues for U.S. Commercial Lines: A.M. Best
U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty, social inflation and other challenges. A.M. Best first revised ...
Multiple Investors Back Cyber Insurance MGU At-Bay’s New VC Round
At-Bay secured a $34 million venture capital infusion that the cyber insurance MGU startup said will enable more hiring, further product launches, digital collaborations and technology improvements. ...
U.S. Cybersecurity Firm Breached; Internal Hacking Tools Stolen
FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that is has been hacked, possibly by a government, leading to the theft of an arsenal of internal hacking ...