Commercial trucking insurance startup Nirvana Tech Inc. said today it has raised $100 million in a late-stage round of funding that will fuel its expansion into new industry segments.

The rise of driverless cars is creating major changes in the car insurance market as new offerings change the risk landscape for incumbents.

TOKYO -- Japanese trading house Itochu is entering the business of distributing health insurance products to individuals in the U.S. by investing in a local startup, looking to leverage the know-how ...