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Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a lengthy sale process that’s drawn a dozen offers as well as political heat about preserving mutual firms.

The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s not just the moral imperative—that fossil-fuel use is destroying the atmosphere and life on Earth with it. It’s that their financial health requires leaving such companies behind.

Companies create a more customer-friendly, digitally-focused roadside assistance experience.

New research highlights the evolving role of the insurance industry from reimbursements to incentivizing to reduce risk and prevent losses altogether.

The Dutch company will use some of its surplus cash to add scale organically to the global auto business, Chief Executive Officer Bob Van Dijk said in an interview.

In an agenda released on Tuesday, the Federal Reserve and other regulators outlined what issues they plan to focus on as they consider rules for how banks interact with cryptocurrencies. Their priorities include weighing custody, crypto-backed loans and the possibility of capital standards, according to a joint statement.

In this segment of the series, the authors examine the role M&A will play in the industry’s adoption of insurtech—and more generally, the need for established carriers to adapt to the increasingly innovative and service-based product and service offerings new entrants bring to bear.

When Americans gather around the Thanksgiving table this week, the blistering rally in technology, electric vehicles and crypto-related stocks is likely to be a part of their conversations.

The transformation of consumer-focused technologies is forcing providers to adopt new tools to keep up. However, many of these tools are not built with user-friendly experiences that meet customer expectations, and therefore, they suffer from low engagement and adoption.

Massachusetts Mutual Life Insurance Co. is sticking with a hybrid work model as the best way to attract staff in the post-pandemic era, having just opened a major office overlooking Boston Harbor.

In other news: Liberty Mutual launches insurance agency; Neptune Flood releases carbon-neutral plan; New York Life announces CEO-elect.

Electric vehicles fare poorly in the latest reliability study from Consumer Reports, with Tesla Inc. and its battery-powered lineup finishing second to last for the second-straight year. Only Ford Motor Co.’s Lincoln division was worse, the organization said Thursday at the Automotive Press Association in Detroit.

Apple Inc. venturing into cars might shake up the electric vehicles market in the same way the iPhone revolutionized the mobile communications industry in 2007. So says Morgan Stanley.

Today’s clients are looking for financial guidance and product recommendations that account for their entire financial lives. Unfortunately, because of legacy technology in place, most insurance advisors can’t credibly weigh in on the whole picture.

Willis Towers Watson Plc is adding four new members to its board after activist investors pushed for changes at the insurance brokerage following the collapse of a $30 billion planned sale to Aon Plc.

A total of 63.6 million shares were sold for C$22 apiece, the Waterloo, Ontario-based company said in a release late Wednesday, the top end of the range it had targeted. The company is also selling another C$700 million in shares in a private placement to the Healthcare of Ontario Pension Plan and Swiss Re.

UPS, which tested autonomous delivery vans with Waymo in the Phoenix area beginning last year, will expand that partnership to include big rigs, Waymo said in a statement. The courier first began testing autonomous technology on 18 wheelers with TuSimple in Arizona after taking an equity stake in the startup in 2019. The Waymo tests will be done for UPS’s North American Air Freight unit for delivery routes between Dallas and Houston.

American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.

A list with the names of about 100 global investors has been shared with the 10 banks working on the deal and the institutions will approach different sets of investors, according to people with knowledge of the matter who asked not to be named as discussions are private.

Cryptocurrencies have faced a bumpy road to gaining acceptance from the U.S. financial system.