International
Investor Sues Bayer, Alleging ‘Disastrous’ Monsanto Acquisition
A Bayer AG investor sued the board and other top company officials, claiming the "disastrous" 2018 acquisition of Monsanto Co. eroded the company's share value by saddling it with potentially ...
UK Storms Lead to Nearly $474M in Insurance Payouts: ABI
Insurers expect to pay more than $473.7 million to UK customers hit by the recent Storms Ciara and Dennis, according to initial estimates from the Association of British Insurers (ABI). Initial ABI ...
New York Residents Can Buy Travel Insurance With Coronavirus Protections
Travel insurers and travel agents will offer New York residents and businesses the ability to buy coverage that would allow them to cancel a trip for any reason, including those related to ...
Aon, Willis Tower Watson to Combine in Massive Merger Deal
Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under ...
Tractable’s AI-Focused Disaster Recovery Tech Has Global Possibilities: CEO Dalyac
Now that Tractable has nailed down $25 million in new venture financing, founder and CEO Alex Dalyac's growth plans are kicking in. The InsurTech startup, launched in 2014, develops artificial ...
Coronavirus Spread Raises Govt. and Bank Demand for Debt Insurance
The cost of insuring exposure to sovereign as well as corporate debt rose almost across the board on Friday as the spread of coronavirus raised the prospect of debt distress and government bailouts. ...
Baby Monitors, Wireless Cameras Vulnerable to Cyber Hacking
Baby monitors and wireless cameras risk being hacked by cyber criminals unless people take security measures to protect themselves, British security experts warned on Tuesday. Internet-connected ...
Coronavirus Business Lawsuits Are Coming
The coronavirus has upended markets, disrupted supply chains and forced quarantines. It's all fertile ground for lawsuits. Hospitals, restaurants, day care centers, nursing homes and hotels may face ...