U.S. Immigration and Customs Enforcement is pitching a plan to help shield local police officers who make immigration arrests from possible financial consequences if they are accused of on-duty misconduct. The agency is proposing to subsidize liability insurance for state and local officers who are trained and deputized to enforce federal immigration laws, according to
Corgi, an insurance technology, data room software and coffee shop startup, is reportedly raising another round that closely follows its latest raise and would double its valuation, sources told Forbes. The round is said to be a second extension of its Series B round and is already closed. Corgi announced its latest round, the $106
A new study from the West Health-Gallup Center on American Health Care finds that “job lock” is even more common among people with chronic illnesses, 41% of whom report staying in a job to maintain health insurance. Creative Images Lab/Getty Images hide title toggle title Creative Images Lab/Getty Images Why do some people stay in
What’s yellow, fluffy, and has a name that will probably stick in your head? The new television star of the insurance sector. Liberty Mutual worked its way into consumers’ brains over the past decade with a series of ads featuring a hard-to-forget slogan (just repeat the company name several times while singing) along with a
As extreme wealth taxes gain steam in the United States, the ultra-rich are planning escape routes, even if they never end up using them. Californians will vote in November on a measure that would impose a flat 5% tax on the state’s more than 200 billionaires. Google co-founders Sergey Brin and Larry Page moved assets
As an insurance industry veteran, I’ve had a front row seat to watch many insurtechs adopt growth assumptions borrowed from industries where scale eventually delivers profitability. Insurance doesn’t work that way. Overseeing a $100m turnaround taught me how businesses are learning the wrong lessons – not least their adoption of Silicon Valley’s philosophy of growth-above-all-else.