Risk
Prudential Will Pay $2.35B for Online Insurance Startup Assurance IQ
U.S. insurer Prudential Financial Inc has agreed to acquire online insurance startup Assurance IQ Inc for $2.35 billion, as it looks to tap into a wider base of consumers who purchase policies ...
InsurTech Zeguro Launches Small Business Cyber Risk Management Platform
Zeguro said it has formally launched its platform designed to help small and midsize companies quickly deal with cyber threats in multiple ways. The San Francisco-based startup, which describes ...
Great American Brings on Former Arch Executive to Lead New A&H Division
Great American Insurance Group launched a new division focused on Accident & Health coverage, and a former Arch Insurance Group executive will lead it. The new division is Great American's 35th ...
Ex-Marsh Exec Ellis Signs on With AIG in Retail Property Leadership Role
A veteran Marsh executive is joining American International Group as head of Retail Property within its North America General Insurance division. Duncan Ellis is slated to take on his new AIG role in ...
W.R. Berkley Joins $10M Financing for Tremor, a Reinsurance ‘Smart’ Market Platform
W.R. Berkley Corp. is among the investors behind a new $10 million financing round for Tremor, a startup developing a reinsurance "smart" market platform. The Boston-based startup said that several ...
Big Drug Companies, Pharmacies, Distributors Ordered by Judge to Face Opioid Trial
A U.S. judge on Tuesday rejected efforts by major drugmakers, pharmacies and distributors to dismiss claims that they caused the nation's opioid crisis, clearing the way for a scheduled landmark ...
UK’s Prep for No-Deal Brexit Could Help Limit Economic Damage: BOE
The U.K.'s preparations for a no-deal Brexit may help to limit the damage to the economy, though the fallout will still be considerable, according to the Bank of England. Updating its assumptions, ...
Hurricane Dorian Menaces Florida Coast Next
Hurricane Dorian menaced the U.S. East Coast with devastating flooding and winds, lashing Florida after laying waste to the Bahamas in a brutal two-day battering that caused damage that may cost the ...