Root Insurance, which uses smartphone technology to gauge driver behavior and price policies, said it has raised $350 million in Series E funding. Root has now raised a total of $523 million in funding, with an additional $100 million in …
The U.S. Federal Trade Commission said on Friday that it had filed an administrative complaint aimed at preventing title insurance provider Fidelity National Financial, Inc. from buying rival Stewart Information Services Corp. The FTC valued the deal at $1.2 billion. …
To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing, blocking the lane ahead. But to the Tesla Inc. Model S traveling down a Southern California freeway last year on …
Brightway Insurance has introduced a new online tool for its franchise owners designed to improve how franchisees recruit agents. The Predictive Index talent optimization platform will be available to franchisees in 21 states across the U.S. According to Scott Pollard, …
An insurance unit of Starr International Company Inc. on Friday sued Michael Avenatti, the combative lawyer known for his battles with U.S. President Donald Trump, to rescind coverage of an airplane that Avenatti used, according to a court document. Starr …
Prudential Financial Inc. is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups. Shares …
National wholesale insurance broker Worldwide Facilities said it has closed on the previously announced investment by Genstar Capital, a San Francisco based private equity firm. As part of the transaction, Lovell Minnick Partners is divesting its investment in Worldwide Facilities …
Severe, mysterious lung illnesses that have struck more than 200 people around the country may be tied to an ingredient in cannabis-containing vapor products, said the New York State Department of Health. New York and other states, as well as …
Brownsville, Texas, has the safest drivers in America for the second year in a row, according to the 2019 Allstate America’s Best Drivers Report. The report ranks the 200 largest U.S. cities by collision frequency based on Allstate claims data …
Tesla Inc.’s use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products will depend on drivers’ authorization and individual U.S. state laws, a senior company executive said on Wednesday. “The data is …
