News
Artificial Intelligence Startup Cytora Raises $5.9M From QBE, Starr, Others
Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE's venture arm and Starr Companies. QBE Ventures, Starr Global Holding, ...
FEMA Plans Reinsurance Claim to Recover $1B-Plus in Hurricane Harvey-Related Losses
The Federal Emergency Management Agency said it plans to submit a claim to recover $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. FEMA also is working to nail down a new ...
After several years in which much of P&C was focused on restoring rate adequacy and profitability, the market is finally...
Dean O’Hare, Former Chubb Chairman and CEO, Dies at 75
Chubb Limited announced today the passing of Dean O'Hare, former chairman and chief executive officer of The Chubb Corp., who served the company for almost 40 years before retiring in 2002. He was ...
Executives On The Move at AIG, Allied World and Lockton
AIG is bringing on a former Berkshire Hathaway Specialty Insurance executive in a leadership role. Allied World Assurance Company Holdings named a new executive in Australia. Lockton hired an ...
Law Enforcement Urged to Play Stronger Role in Dangerous Drone Use Prevention
Law enforcement authorities must play a strong role to ensure there are suitable deterrents in place for those flying recreational drones to prevent danger to passenger aircraft, the International ...
Trump Administration Disbands Cross-Agency Group Focused on Climate Change Prep
The Trump administration has terminated a cross-agency group created to help local officials protect their residents against extreme weather and natural disasters. The Community Resilience Panel for ...
Autonomous Vehicle Ride-Hailing Service Coming From Nissan in Early 2020s
Nissan Motor Co. said it will test an autonomous ride-hailing service on public roads in Japan in March, aiming to officially start the "robot taxi" rides in the early 2020s. The carmaker will put ...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut
Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm. Founded in March 2017, Coalition is co-founded by ...