Novidea announced it raised $50 million in Series C funding, led by Battery Ventures with participation from Cross Creek – both new investors – and the company’s existing investors, Israel Growth Partners (IGP), KT Squared, and JAL Ventures. To date, …
BindDesk Insurance Services, headquartered in San Diego, Calif., named Robert Young president. Young has more than 30 years of experience in the insurance industry. Young led the startups of two wholesale operations, Magellan Insurance Services and Valiant Insurance Services. His …
Wildfires raging across western Canada forced the evacuation of 30,000 residents and cut at least 145,000 barrels a day of oil and gas production as companies shut down wells and pipelines. A total of 102 blazes were burning as of …
The National Council of Insurance Legislators last week urged the Internal Revenue Service and the Federal Trade Commission to reconsider proposed rules that the organization said encroaches on state regulation. The first of the letters from NCOIL addresses a years …
An investigation found that a spill of about 1,300 gallons of fire suppressant at a fuel facility in Hawaii was caused by a maintenance contractor improperly installing an air vacuum valve, U.S. military officials said. Aqueous Film Forming Foam, which …
A south Florida injury attorney, suspended from practice this year over alleged financial irregularities, has been charged with murdering his father, Boca Raton lawyer Paul Labiner. News outlets and the Palm Beach County Sheriff’s Office reported that Brandon Scott Labiner, …
The California woman suing Subway for claiming its tuna products contain ingredients other than tuna wants to end her lawsuit because she is pregnant, prompting Subway to demand her lawyers be sanctioned for bringing a frivolous case. Nilima Amin said …
Risk Strategies and Premier Financial Corporation announced that Risk Strategies has acquired Ohio-based First Insurance Group from Premier Financial Corp., (Nasdaq: PFC), a community banking and financial services holding company based in Defiance, Ohio. Founded in 1946, First Insurance Group …
A Maryland widow is entitled to her late husband’s workers’ compensation death benefits because she was dependent upon her husband at the time of his disablement, a Maryland appeals court has ruled. The appeals panel overturned a lower court that …
The Texas Windstorm Insurance Association (TWIA) Actuarial and Underwriting Committee will meet July 11 to review the association’s 2023 rate adequacy analysis. TIWA’s rate analysis for 2023 indicates that current rates are inadequate by 20% for residential coverage and 22% …