On March 10, 2022, the UK Government announced a formal agreement with Connecticut Insurance & Financial Services (CT IFS), the MetroHartford Alliance (MHA), the Connecticut Insurance Department, and Insurtech UK to launch a new “Insurtech Corridor.” The signing took place …
State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the U.S. Last year, State Farm paid $62.6 million for 32,265 catalytic converter theft …
A Ukrainian man charged last year with conducting one of the most severe ransomware attacks against U.S. targets has been extradited to the United States and made a court appearance on Wednesday, the U.S. Justice Department said. According to an …
At the end of an interview with the founder of Quantiv Risk, an insurtech that helps carriers make sense of performance data from vehicles with advanced driver assistance systems, Carrier Management posed a big picture question: Who owns the data—the …
Norway’s DNV, one of the world’s top ship certifiers, is winding down its Russia business and reviewing all existing contracts becoming the latest company to cut such services as pressure grows on Moscow after its invasion of Ukraine. Classification societies …
The Democrat-led state Senate voted along party lines Tuesday to approve legislation forcing private-sector businesses in Delaware to provide 12 weeks of paid family and medical leave. The bill requires businesses employing 25 or more workers to provide up to …
The U.S. Attorney’s Office in North Dakota says it has reached a settlement with a bus transit service to resolve a complaint that the company violated the federal law that protects the disabled against discrimination. Interim U.S. Attorney Nicholas Chase …
Inszone Insurance Services has acquired San Antonio, Texas-based Texstar Insurance Services Inc. Texstar specializes in auto, home, life and business insurance. Inszone Insurance is expected to announce several acquisitions as well as new locations in the state of Texas in …
A report on how Minneapolis police, fire and other agencies responded to protests that erupted following the killing of George Floyd paints a picture of miscommunication and a lack of planning. The report by the risk management firm Hillard Heintze …
Insurtech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy, and logistics company, and existing investor Insurtech Gateway. Loadsure, which delivered the industry’s first …
