News
Aspen Founder, CEO O’Kane to Depart in 2019; Brit Chairman Cloutier to Replace Him
Aspen Insurance Holdings Group Chief Executive Officer Chris O'Kane plans to step down in the 2019 first half, after investment manager Apollo Global Management LLC closes its $2.6 billion deal to ...
Credit Karma Jumps Into Insurance With Debut of Auto Policy Service
Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies. The tool ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
UK’s Boris Johnson Blasts PM’s Brexit Plan as ‘Not Democracy’
Boris Johnson won cheers at the U.K. Conservative Party's annual conference with an attack on Theresa May's Brexit plan, but stopped short of calling for her to be removed as prime minister. While ...
UK VC Fund Focused on Insurance Makes First Two InsurTech Investments
Eos Venture Partners' strategic InsurTech fund has made its first two investments. The UK-based specialist venture capital fund, working through its debut EVP 1 fund, committed early financing to ...
AmTrust Shareholder Wants Regulator Rejection of $2.95B Privatization Plan or Higher Price
One of AmTrust Financial Services' shareholders is lobbying state regulators to oppose the insurer's move to go private. "Make no mistake, privatization is bad for investors, bad for brokers, bad for ...
Airports Globally Are Investing Billions in Measures to Counter Climate Change Risks
Global airport operators, faced with rising sea levels and more powerful storms as the climate changes, are starting to invest in measures including higher runways, seawalls and better drainage ...
Scientist Panel Prepared to Recommend Much Deeper Cuts in Fossil-Fuel Pollution
A panel of the world's top climate scientists is preparing to recommend much deeper cuts in fossil-fuel pollution than currently suggested as a pathway to stave off a dangerous increase in global ...
Apple Wins Reversal of Patent Lawsuit Verdict Involving Computer Processing Tech
Apple Inc persuaded a federal appeals court on Friday to throw out a $234 million damages award in favor of the University of Wisconsin-Madison's patent licensing arm for infringing a patent on ...