Cyber risk modeler CyberCube has gained a new investor to support its long-term growth. The software-as-a-service cyber risk analytics provider said Spectrum Equity is investing more than $180 million, subject to regulatory approvals. It equity firm with join ForgePoint Capital, …
San Francisco-based insurance AI start up FurtherAI announced a $25 million Series A funding round led by Andreessen Horowitz to improve insurance workflows through AI. Claiming that those who run the $7 trillion insurance industry are “doing trillion-dollar work with …
Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his office Monday in a …
Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced it has secured a box in the underwriting room at Lloyd’s. Effective immediately, Fortegra will operate from Box 388 on the third gallery in the Lloyd’s underwriting …
A Virginia appellate court has ordered a new trial in a malpractice case in which a jury awarded a $2.5 million in damages against a doctor for alleged failure to properly administer anesthesia to a woman undergoing an emergency caesarian …
The property/casualty insurance industry faces an urgent challenge to rebuild public trust amid growing public skepticism fueled by false narratives, according to remarks by Dino Robusto, chair of the American Property Casualty Insurance Association board of directors. “We must better …
World Insurance Associates Names Cicchelli Head of Employee Benefits Practice World Insurance Associates LLC named John Cicchelli head of its employee benefits practice. Cicchelli, who will work out of the Iselin, New Jersey headquarters, will spearhead strategic initiatives to accelerate …
Danny Lakey and his wife have spent countless evenings sitting on rocking chairs on their front porch, watching the sun slowly dip behind the cows grazing on their neighbor’s ranch. It was the calm country life they dreamed of in …
A soccer match between Argentina and Puerto Rico is being relocated to Florida from Chicago, according to people familiar with the decision, a day after the Texas National Guard arrived in the third-largest US city. The friendly match, originally scheduled …
Workers’ compensation specialist The MEMIC Group announced a $19 million dividend for more than 17,000 Maine policyholders. This annual dividend is based on the insurer’s financial performance, claims experience, and its insureds’ safer workplaces during the 2022 calendar year. The …