National News

PE Firm Advent Eyes Sale of Car Insurance Software Vendor CCC: Sources

Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday. …

Hippo Investors Call for Strategic Review by Board, Other Actions

Members of the board of directors of insurtech Hippo were on the receiving end of an open letter from a “concerned shareholder group,” yesterday, urging board actions to preserve the value of a company that has faced financial difficulties recently. …

The Hartford Launches Digital Submission Capabilities for Midsize And Large Accounts

The Hartford said it expanded its digital capabilities with new submission and quote Application Programming Interfaces (APIs), and portal options for agents and brokers who write midsize and large businesses. The new capabilities save time, provide faster turnaround, and increase …

Group in Casino Hacks Skilled at Duping Workers for Access

The hacking group suspected of cyberattacks against two giant casino operators has quickly made a name for itself for its skills in social engineering, such as tricking someone to gain access to a computer system or another storehouse of sensitive …

On the Road Again: Rate Drops of People Working From Home

If you think U.S. roads have gotten busier on your morning commute, you`re not alone. The rate of workers driving to their jobs creeped upwards nationwide last year, as did those who carpool to work by car, truck or van. …

J.D. Power: Auto Insurance Shopping Reaches All-Time High

The percentage of American households with cars and without auto insurance rose during the first half of 2023, and the share of customers who say they are shopping for auto insurance reached a record high. J.D. Power recently shared these …

People Moves: Embroker Appoints Linetsky as Chief Technology Officer; Colonial Surety Names Grzelak CFO

Embroker Appoints Linetsky as New Chief Technology Officer Embroker, headquartered in San Francisco, Calif., appointed Gene Linetsky its new chief technology officer (CTO). Linetsky has more than 30 years of experience. Most recently, he acted as the CTO of healthcare …

Report Examines Hot Summer Days Linked to Climate Change in U.S. Cities

A new analysis shows which U.S. states, regions and cities felt the strongest influence of climate change during the summer – the hottest on record. The analysis from Climate Central, a group of scientists and communicators who research and report …

Food Recalls Are Pretty Common for Things Like Rocks, Insects and Plastic

Rocks in Trader Joe’s cookies. Insects in its broccoli-cheese soup. Pieces of plastic in Banquet frozen chicken strips. In recent weeks, U.S. consumers have seen high-profile food recalls for an unappetizing reason: They`re contaminated with foreign objects that have no …

J&J, P&G Sued After FDA Panel Ruling on Cold Medicine Decongestant

A new lawsuit accuses Johnson & Johnson and Procter & Gamble of having deceived consumers about decongestant cold medicines containing an ingredient that a unanimous U.S. Food and Drug Administration advisory panel this week declared ineffective. According to a proposed …

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