Risk
MGA Startup Kettle Raises $25M, With Plans to Expand Wildfire Reinsurance Protection
Reinsurance MGA startup Kettle raised $25 million in a Series A round led by Acrew Capital, with participation from Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital. The San ...
CVS, Walgreens, Walmart Found Liable in Opioid Crisis
CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry's latest loss in the expanding ...
Phillips Claims FDA’s Ventilator Safety Issues May Be Overestimated
Dutch medical equipment maker Philips on Wednesday said U.S. regulators might have overestimated the number of safety issues raised by customers related to its recall of ventilators in which a ...
Insurers See Victory in Infrastructure Bill’s Embrace of Marijuana Impairment Research
The $1.2 trillion infrastructure bill that became law last week earmarks billions for projects to improve safety for cars and trucks and protect properties from floods and wildfires. But one of the ...
Generali in Early Discussions About Possibly Buying Credit Agricole Subsidiary
Assicurazioni Generali SpA is in early talks on a possible takeover of Credit Agricole subsidiary La Medicale, as part of plans to expand in European non-life and health insurance businesses, ...
Cyber Insurers Now Requiring Security Steps Along With Higher Premium
Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27.6%, according ...
Climate Change Could Fuel Larger Atmospheric Rivers
Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger -- and possibly more destructive -- because of climate change, scientists said. ...
What Do You Do With Emerging Interest Risks?
Every emerging risk strategy must begin with a horizon scan. At Praedicat, our strategy is to scan the scientific literature for indications that scientists are investigating a new hypothesis that ...