Industry News
Tech Bytes: New Partnerships at WTW, Cogitate, Cytora
WTW, a global advisory, broking and solutions company, announced a partnership between its Affinity Insurance business and Kayna, an insurance infrastructure platform. The partnership has been ...
Sentry Buys Nonstandard Auto Insurer The General From American Family for $1.7B
Sentry Insurance said it is buying nonstandard auto insurer The General from American Family Insurance for about $1.7 billion to mark the largest acquisition in the company's 120-year history. Sentry ...
Moody’s, Amwins Expect Continued Cyber Market Growth
Two organizations recently expressed optimism that the softening cyber market that emerged in 2023 will remain favorable into the future. In separate reports, Moody's Ratings and Amwins Brokerage ...
Cyber Attacks on U.S. Utilities Surged 70% This Year, Says Research Firm
U.S. utilities faced a near 70 percent jump in cyber attacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating threat to a critical ...
Hurricane Francine Weakens After Slamming Into Louisiana
Hurricane Francine weakened after slamming into the coast of southern Louisiana with 100 mile-per-hour winds. The storm made landfall in Terrebonne Parish as a Category 2 hurricane at around 6 p.m. ...
In Latest Salvo AIG Says Its Former Execs at Dellwood Are ‘Bad Leavers’
In its latest court filing to keep alive a lawsuit against start-up Dellwood Insurance, American International Group said its new competitor failed to explain why the suit cannot go on. AIG argued in ...
U.S. Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report
Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than $100 million during 2023, according to a compilation published this year. Swiss ...
Toxic Debris From Hawaii Wildfire Could Fill 5 Football Fields 5 Stories Deep
Hinano Rodrigues remembers being 4 or 5 years old, carrying a bucket across a highway to the ocean in the Maui community where he still lives. At dawn, he would accompany his grandmother to a reef at ...