U.S.
Planck Raises $16 Million for Data Platform; Nationwide Becomes an Investor
Nationwide, eyeing the possibilities with Planck's AI-driven commercial insurance data platform, joined the company's latest financing round. Planck recently raised $16 million in a Series B venture ...
Senate Republicans Draft Bill to Enable Broad Coronavirus Employer Liability Shield
Senate Republicans are drafting legislation that would let employers choose which government coronavirus safety guidelines to follow in order to be shielded from lawsuits if their customers or ...
Climate Change Appears Likely to Cause Extreme Waves, Coastal Damage
Climate change is expected to cause stronger storm winds that trigger more extreme waves and increase coastal damage in Australia, the Pacific and South America by the end of the century, new ...
The Latest Launches From AXA and At-Bay
AXA is teaming with a major university to provide a mental health resource for employees returning to work as COVID-19 restrictions ease. Cyber insurance startup At-Bay launched its excess Technology ...
COVID-19 Accelerates D&O Transformation Already Underway
Rates for the struggling Directors and Officers insurance market jumped by 44 percent in the 2020 first quarter. Expect that market hardening trend to continue for some time, with increases likely to ...
Attorney Behind Thousands of Insurer Lawsuits Suspended by Florida Supreme Court
The Florida Supreme Court has granted an emergency request by the Florida bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party ...
With the COVID-19 Crisis, Global Insurers Pulled Firmly Into Uncharted Territory
Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games. The list of canned ...
Pandemic Could Drive Digital Investment for Some Time
Erik Ross predicts that carriers will increasingly rush to all things digital in the months ahead. A running quip among investors explains why. "There's a joke going around – 'What's the biggest ...