Next Insurance receives $250m in fourth-stage seed financing

Insurtech backed by Alphabet has now raised $631m, and is valued at more than $2bn


Covid-19 reveals the cracks in the US insurance system

US insurers have been getting a beating in their response to the Covid-19 crisis. Their latest move to rebate auto premiums shows the fissures in their approach and the lack of a cohesive regulatory response. Sarfraz Thind reports