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How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, yes, but more importantly, give those engineers the license to apply their…
“#MetLife sells home and auto insurance biz to Farmers for $4B” MetLife is selling its home and auto insurance business to Farmers Group for $3.94 billion, the insurers said Friday. The deal is part of a 10-year strategic partnership in which Farmers, which is owned by Switzerland’s Zurich Insurance Group, will get access to MetLife’s…
“#Five auto body shops accused of damaging cars in scheme” Four auto body shops in Westchester and one in the Bronx are accused of operating an insurance fraud scheme that involved intentionally damaging cars with sledgehammers to increase their billing amount. Nine people arrested in the probe — dubbed Operation Sledgehammer — were charged with…