Ethos, the new Jay-Z insurance start-up, has raised $35 million

Jay-Z insurance - Pile of US Cash

The new company has just completed a round of financing which was much more successful than the first. Ethos is a new Jay-Z insurance start-up that has completed a new round of financing in which it managed to raise $35 million. This company has shown for a second time that it doesn’t struggle to bring in the capital it needs. This round of financing represents the second time it has managed to bring in millions. During the Jay-Z insurance start-up’s first round of financing, it raised $11.5 million. It managed…

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Life insurance had been sought by AEG to cover Michael Jackson

Michael Jackson insurance news

Executives from the company had been attempting to purchase a policy only days before the singer died. Testimony and emails that were presented in court, this week, revealed that within a span of only days before the death of Michael Jackson, executives from AEG had still been working to try to obtain a life insurance policy to cover the celebrity who seemed increasingly erratic at his comeback tour rehearsals. The company became concerned that Jackson’s behaviors could cause him to get hurt. One of the emails shown to the court…

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