The Commerce Department’s Bureau of Economic Analysis reported that consumer spending rose 0.5% in November, matching the gain recorded in October.
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Patra Announces Major Milestones for Patra AI Platform
The updates expand access to AI-powered insurance automation for a broad range of insurance organizations.
Lawmakers Question Health Insurers on Rising Premiums and Affordability
Lawmakers from both parties offered competing explanations for the rising costs. Some focused on industry structure, while others pointed to federal policy decisions.
McGowan Program Administrators Expands Habitational Program to Include Affordable and Student Housing
This expanded appetite responds to growing broker demand for stable capacity and competitive pricing in two increasingly challenging segments.
Lemonade Announces Rate Cuts for Tesla Drivers Using Full Self-Driving Software
Lemonade said the rate cut will reach 50% for eligible drivers enrolled in its pay-per-mile insurance product. The new offering will launch in Arizona on Jan. 26, followed by Oregon in February.
How Finance and Insurance Can Support Innovation and Resilience Through Regulation
The global insurance and finance industries are positioned to address an increasingly complex set of risks as the world enters the second quarter of the 21st century. These risks include climate adaptation, geopolitical uncertainty, emerging cyber threats, and rising longevity. According to leaders speaking at a recent TheCityUK and World Economic Forum workshop in London,… Continue reading How Finance and Insurance Can Support Innovation and Resilience Through Regulation
New Jersey Enacts Licensing and Insurance Requirements for E-Bikes After Fatal Crashes
The legislation, signed into law on Monday, establishes licensing, registration, and insurance mandates for all electric bicycles in the state.
Ethos Announces Launch of Initial Public Offering
Ethos, a life insurance technology company focused on expanding access to life insurance, announced today that it has launched the roadshow for its proposed initial public offering of Class A common stock.
National Study Maps 5,500 Coastal Facilities Facing Flood Risk From Rising Seas
The findings focus on locations where flooding could intersect with sites that store or process potentially hazardous materials.
AIG and CVC Announce Strategic Partnership
American International Group, Inc. and CVC announced a strategic partnership focused on supporting AIG’s long-term investment objectives while leveraging CVC’s capabilities in insurance solutions and private markets innovation.