Insurance

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, …

Carrier Management’s upcoming InsurTech Summit isn’t showcasing trends. It’s highlighting how insurers and InsurTechs use evolving tech to win. This free, virtual event is a streamable exchange of perspectives and ideas on topics such as claims automation, underwriting analytics, artificial …

Uber Technologies Inc.’s former security chief was spared from prison for concealing a massive data breach in 2016. Joe Sullivan’s sentencing to three years of probation Thursday followed his conviction by a jury last year of obstructing a government investigation …

Coalition today said it launched a version of its Executive Risks Insurance products designed for not-for-profit organizations. Coalition’s Executive Risks insurance for not-for-profits combines automated underwriting data collection and real-time analysis with a streamlined application process compared to the industry …

Bob Menke, the man who founded St. Petersburg-based Bankers Insurance Co., one of the oldest property insurers in Florida, died last week at age 89. “The company that Bob founded in 1976 has grown into one of the largest privately …

Six people were hurt — two critically – when part of a heating and ventilation system collapsed at a resort pool in Colorado on Saturday, fire officials said. There were 50 to 100 guests in the pool when the collapse …

A $1.1 million payment was made to resolve a ransomware attack on a California county’s law enforcement computer network, Southern California News Group reported. The San Bernardino County Sheriff’s Department announced in April that a “network disruption” was being investigated …

Federal officials presented a proposal Thursday to further control flooding in the Mississippi Delta, a move that comes after months of work from government agencies and decades of delays amid disputes over potential environmental impacts. The south Delta’s Yazoo Backwater …

The New York jury hearing an advice columnist’s claims that she was raped by Donald Trump could begin deliberations as soon as Tuesday, and it will have wide latitude in deciding the truthfulness of the allegations against the former president. …

Goodwill Industries of Southeast Louisiana, Inc. has agreed to pay a former employee $60,000 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The lawsuit was resolved through a consent decree, …