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Over 100 ships have sailed with fake insurance from the Norwegian Ro Marine

All large ships must have insurance, and Ro Marine has provided this in a big way. The Norwegian company did not have permission to sell insurance but did it anyway — to clients worldwide. In March, we reported how select ships used false papers to deceive inspectors in NATO countries. Now, NRK and Dossier Center can reveal how extensive and global the fraud was: over 100 ships have sailed with illegitimate insurance documents from Ro Marine. “It's very serious and unusual that such a seriou

How often do health insurers say no to patients? (2023)

Series: Uncovered: How the Insurance Industry Denies Coverage to Patients More in this series Caret ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. It’s one of the most crucial questions people have when deciding which health plan to choose: If my doctor orders a test or treatment, will my insurer refuse to pay for it? After all, an insurance company that routinely rejects recommended care could damage

The Cybertruck Is Such a Mess That Insurance Companies Are Refusing to Even Cover It

The Cybertruck Is Such a Mess That Insurance Companies Are Refusing to Even Cover It Not even insurance companies want anything to do with it. Truck Putz Tesla's Cybertruck is turning out to be a full-blown disaster. Sales are circling the drain, with the Elon Musk-led automaker selling a mere 4,306 Cybertrucks in the second quarter of 2025, a stunning 50.8 percent drop over the same period last year. Resale values are cratering as well, with the value of a used Cybertruck plummeting by mor

Uber considers insurance payouts for delays, canceled rides, missed flights, more

Uber is inquiring select Brazilian customers on a series of new services, including multiple forms of insurance. Here are the details. Insurance may cover delays and even missed flights If you’ve ever had to cancel an Uber ride request, you know that you might have incurred a cancellation fee, which Uber says goes to the driver to make up for gas and time spent on the way to pick you up. But you’ve probably also been in the opposite situation, whether because the driver canceled halfway to pi

Kyber (YC W23) is hiring enterprise account executives

At Kyber, we're building the next-generation document platform for enterprises. Today, our AI-native solution transforms regulatory document workflows, enabling insurance claims organizations to consolidate 80% of their templates, spend 65% less time drafting, and compress overall communication cycle times by 5x. Our vision is for every enterprise to seamlessly leverage AI templates to generate every document. Over the past 9 months, we’ve: >20x’d revenue and are profitable. Landed multiple s

Financial lessons from my family's experience with long-term care insurance

[EDITOR'S NOTE: Looking to supercharge the way you plan for retirement? Boldin is a financial planning platform that can help WCIers answer critical questions and model key financial issues for the future (Dr. Jim Dahle has called it “ an online retirement calculator on steroids ”). Boldin will help you build your retirement plan and keep you on track for the future you deserve. If you’re a DIY investor, Boldin is a fantastic resource. Make sure to check it out today!] By Adam Safdi, WCI Column

Financial Lessons from My Family's Experience with Long-Term Care Insurance

[EDITOR'S NOTE: Looking to supercharge the way you plan for retirement? Boldin is a financial planning platform that can help WCIers answer critical questions and model key financial issues for the future (Dr. Jim Dahle has called it “ an online retirement calculator on steroids ”). Boldin will help you build your retirement plan and keep you on track for the future you deserve. If you’re a DIY investor, Boldin is a fantastic resource. Make sure to check it out today!] By Adam Safdi, WCI Column

Coverage Cat (YC S22) Is Hiring a Senior, Staff, or Principal Engineer

Software Engineer Engineering • Full Time Want to make it so that millions of Americans get better financial outcomes, the insurance industry is more price transparent and policies are easy to understand? Join Coverage Cat, where we’ve built the AI-native insurance broker of the future, combining data, matchmaking, and recommendations into a single-service website that solves non-commercial insurance needs. We look for senior engineers that want to own and build products end to end, gather th

Allianz Life says 'majority' of customers' personal data stolen in cyberattack

U.S. insurance giant Allianz Life has confirmed to TechCrunch that hackers stole the personal information of the “majority” of its customers, financial professionals, and employees during a mid-July data breach. When reached by TechCrunch, Allianz Life spokesperson Brett Weinberg confirmed the breach. “On July 16, 2025, a malicious threat actor gained access to a third-party, cloud-based CRM system used by Allianz Life,” referring to a customer relationship management (CRM) database containing

Allianz Life says ‘majority’ of customers’ personal data stolen in cyberattack

U.S. insurance giant Allianz Life has confirmed to TechCrunch that hackers stole the personal information of the “majority” of its customers, financial professionals, and employees during a mid-July data breach. When reached by TechCrunch, Allianz Life spokesperson Brett Weinberg confirmed the breach. “On July 16, 2025, a malicious threat actor gained access to a third-party, cloud-based CRM system used by Allianz Life,” referring to a customer relationship management (CRM) database containing

Everything you need to know about AppleCare One

Apple this week launched a new AppleCare One plan – a way to buy AppleCare+ for multiple devices for one monthly fee. The exact coverage it offers depends on the mix of devices you have, and the cost depends on how many, but you’ll almost certainly save money over buying separate plans for each. Does this mean you should subscribe? That depends … Understanding AppleCare AppleCare can be somewhat confusing, because the company has historically used the branding to describe both the standard wa

Early Anthropic hire raises $15M to insure AI agents and help startups deploy safely

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now A new startup founded by an early Anthropic hire has raised $15 million to solve one of the most pressing challenges facing enterprises today: how to deploy artificial intelligence systems without risking catastrophic failures that could damage their businesses. The Artificial Intelligence Underwriting Company (AIUC), which launches public

Former Anthropic exec raises $15M to insure AI agents and help startups deploy safely

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now A new startup founded by a former Anthropic executive has raised $15 million to solve one of the most pressing challenges facing enterprises today: how to deploy artificial intelligence systems without risking catastrophic failures that could damage their businesses. The Artificial Intelligence Underwriting Company (AIUC), which launches p

ACA health insurance will cost the average person 75% more next year

ACA health insurance will cost the average person 75% more next year, research shows Valeriya/iStockphoto/Getty Images Health insurance premiums are going way up next year for people who buy their insurance on Healthcare.gov or the state-based marketplaces, according to an analysis out Friday. The average person who buys Affordable Care Act insurance will be paying 75% more for their premium, according to the analysis from KFF, a nonpartisan health policy research group. The insurers' narrat

Underwriting Superintelligence

Insurance Unlocks Secure AI Progress We’re navigating a tightrope as Superintelligence nears. If the West slows down unilaterally, China could dominate the 21st century. If we accelerate recklessly, accidents will halt progress, as with nuclear power. Insurance, standards, and audits together create skin in the game for quantifying, communicating, and reducing AI risks so we can balance this tightrope. We call this the “Incentive Flywheel.” Benjamin Franklin first discovered the Incentive Fly

Trump’s ‘Big Beautiful Bill’ Would Leave Millions Without Health Insurance

Senate Republicans on Tuesday passed President Donald Trump’s sprawling tax and spending package, known as the “One Big Beautiful Bill,” paving the way for a major overhaul of the country’s Medicaid program. If passed by the House, which could happen before the July Fourth holiday, millions of people stand to lose their health insurance. The number of people without health insurance in the United States nearly halved from 2013 to 2023, falling from around 14 percent to a record low of less than

Kyber (YC W23) Is Hiring Enterprise BDRs

At Kyber, we're building the next-generation document platform for enterprises. Today, our AI-native solution transforms regulatory document workflows, enabling insurance claims organizations to consolidate 80% of their templates, spend 65% less time drafting, and compress overall communication cycle times by 5x. Our vision is for every enterprise to seamlessly leverage AI templates to generate every document. Over the past 8 months, we’ve: 20x’d revenue and are profitable. Landed multiple si

India’s Max Financial says hacker accessed customer data from its insurance unit

In Brief Max Financial Services on Wednesday said its insurance subsidiary Axis Max Life Insurance received communication from an anonymous sender about unauthorized access to its customer data. Without disclosing specifics, the Noida-based financial services company said in its stock exchange filing that Axis Max Life Insurance subsequently initiated an information security assessment and data log analysis. “A detailed investigation is also underway in consultation with information security

Kelly Benefits says 2024 data breach impacts 550,000 customers

Kelly & Associates Insurance Group (dba Kelly Benefits) is informing more than half a million people of a data breach that compromised their personal information. The Maryland-based health and life insurance agency has issued an update on a security incident it suffered last year between December 12-17, when unauthorized actors breached its IT systems and stole files. On April 9, 2025, the company stated that the incident impacted 32,234 individuals. The figure was revised multiple times until

The Business of Betting on Catastrophe

The Business of Betting on Catastrophe World Bank pandemic bonds paid out only after death tolls passed a threshold. They’re part of a booming market where investors turn calamity into capital. Adobe Stock/MITP Reader By: Susan Erikson A↑ A↓ Off Bright Dark Blues Gray BeeLine Reader uses subtle color gradients to help you read more efficiently. The pandemic bonds — a financial device made up by one of the world’s most powerful institutions, the World Bank — can seem like a great idea f

FurtherAI (YC W24) Is Hiring for Software and AI Roles

Why you should join FurtherAI At FurtherAI, we are building a workforce of AI Teammates to automate insurance workflows. These AI Teammates can practically automate any insurance workflow involving processing unstructured documents, data entry into internal systems or web portals, or even making phone calls. Our core mission is to answer a critical question: Can AI be made as reliable, adaptive, and continuously learning as a new human employee? We have raised a $5MM seed round from top-tier

US insurance giant Aflac says customers’ personal data stolen during cyberattack

Aflac, one of the largest insurance companies in the United States, says hackers stole an unknown quantity of its customers’ personal information from its network during a cyberattack earlier this month. The insurance giant confirmed Friday in a legally required filing with the U.S. Securities and Exchange Commission that the company identified hackers in its system on June 12 and contained the incident. Aflac, which provides supplemental insurance to individuals whose expenses are not covered

Cybercriminals Breach Aflac, Private Customer Data Could Be at Risk

Aflac said Friday that cybercriminals breached its computer systems, potentially exposing some of the most personal data -- including Social Security numbers and health care information -- of an unknown number of Americans and marking the latest in a recent string of online attacks against insurance companies. The Columbus, Georgia-based insurance provider said that it detected suspicious activity on its US networks, quickly responded to it and managed to stop the online intruders "within hours

Cybercriminals Breach Aflac, Private Customer Data Could Be At Risk

Aflac said Friday that cybercriminals breached its computer systems, potentially exposing some of the most personal data -- including Social Security numbers and health care information -- of an unknown number of Americans and marking the latest in a recent string of online attacks against insurance companies. The Columbus, Georgia-based insurance provider said that it detected suspicious activity on its US networks, quickly responded to it and managed to stop the online intruders "within hours

Aflac discloses breach amidst Scattered Spider insurance attacks

On Friday, American insurance giant Aflac disclosed that its systems were breached in a broader campaign targeting insurance companies across the United States by attackers who may have stolen personal and health information. Aflac (short for American Family Life Assurance Company) is the largest supplemental insurance provider in the U.S. and a Fortune 500 company that provides insurance services to millions of customers in the U.S. and Japan. In a press release earlier today, the insurance c

Scania confirms insurance claim data breach in extortion attempt

Automotive giant Scania confirmed it suffered a cybersecurity incident where threat actors used compromised credentials to breach its Financial Services systems and steal insurance claim documents. Scania told BleepingComputer that the attackers emailed several Scania employees, threatening to leak the data online unless their demands were met. Scania is a major Swedish manufacturer of heavy trucks, buses, and industrial and marine engines and is a member of the Volkswagen Group. The company,

Erie Insurance confirms cyberattack behind business disruptions

Erie Insurance and Erie Indemnity Company have disclosed that a weekend cyberattack is behind the recent business disruptions and platform outages on its website. Erie Indemnity Company is the management company for the Erie Insurance Group, a property and casualty insurer with over 6 million active policies. The company provides auto, home, life, and business insurance policies through independent agents. Since Saturday, June 7, Erie Insurance has been suffering from widespread outages and bu

The cyber insurance reckoning: Why AI-powered attacks are breaking coverage (and what comes next)

This article is part of VentureBeat’s special issue, “The cyber resilience playbook: Navigating the new era of threats.” Read more from this special issue here. Today’s cyber attacks can be paralyzing — and extremely costly — for modern enterprises. Armed with AI, hackers are exploiting vulnerabilities faster than ever. However, standard business insurance products such as general or professional liability policies (errors and omissions, or E&O) typically don’t cover losses or damages as the r

Best Pet Insurance Companies for 2025

CNET’s expert staff reviews and rates dozens of new products and services each month, building on more than a quarter century of expertise. Americans love their pets. Data from the Insurance Information Institute shows that 66% of US households -- roughly 86.9 million families -- own a pet. Yet only 5.7 million pets are enrolled in a pet insurance plan, a pet healthcare package designed to help you better afford vet costs. "As a veterinary surgeon and pet owner, I urge all my clients, friends,