Root Insurance Raises $350 Million in New Round; Valuation Reaches $3.65 Billion September 9, 2019 Root Insurance, which uses smartphone technology to gauge driver behavior and price policies, said it has raised $350 million in...
U.S. Opposes Merger of Title Insurers Fidelity National and Stewart September 9, 2019 The U.S. Federal Trade Commission said on Friday that it had filed an administrative complaint aimed at preventing title insurance...
Automated Driver Assist Cars Still a Work in Progress September 9, 2019 By Alan Levin and Ryan Beene To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing,...
Online Tool from Brightway Helps Franchise Owners Recruit Agents September 9, 2019 Brightway Insurance has introduced a new online tool for its franchise owners designed to improve how franchisees recruit agents. The...
Starr Insurance Sues to Rescind Coverage for Plane Used by Lawyer Avenatti September 8, 2019 By Suzanne Barlyn An insurance unit of Starr International Company Inc. on Friday sued Michael Avenatti, the combative lawyer known for his battles...
Prudential to Pay $2.35 Billion for Insurtech Startup Assurance IQ September 6, 2019 By Bharath ManjeshR Prudential Financial Inc. is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a...
Genstar Capital’s Investment in Wholesaler Worldwide Facilities Finalized September 6, 2019 National wholesale insurance broker Worldwide Facilities said it has closed on the previously announced investment by Genstar Capital, a San...
Vaping Lung Illness May Be Linked to Cannabis Product, Say Health Officials September 6, 2019 By Anna Edney Severe, mysterious lung illnesses that have struck more than 200 people around the country may be tied to an ingredient...
15 Safest Driving Cities in America September 6, 2019 Brownsville, Texas, has the safest drivers in America for the second year in a row, according to the 2019 Allstate...
Tesla Insurance Will Use Driver Video, GPS Data Subject to States’ Approval September 6, 2019 By Tina Bellon Tesla Inc.’s use of individual customer data, such as vehicle camera footage and GPS, to price its new insurance products...