News
Mubadala Proposal to Sell InsurTech Startup Wefox Opposed by Founders
Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd. in a deal opposed by the German firm's founders. The Abu Dhabi ...
Report: Corporate Risk Level Highest in 12 Years
Economic volatility, geopolitical upheaval and artificial intelligence (AI) have driven the corporate threat level to its highest in 12 years, according to Clyde & Co's 2024 Corporate Risk Radar. ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
Just 32% of Hazard Prone Areas Have Adopted Resistant Building Codes: FEMA
Wicked summer storms, tornadoes and hurricanes each year highlight the importance of up-to-date building codes. The Federal Emergency Management Agency (FEMA) tracks building code adoption status for ...
Florida’s 2024 Hurricane Season Begins With Rain-Fueled Flooding
Dangerous flooding from a tropical disturbance inundated much of southern Florida on Wednesday, blocking roads, floating vehicles and delaying the Florida Panthers on their way to Stanley Cup games ...
WTW: U,S. Commercial Insurance Price Increases in Q1 ‘Steady’ at 6.3%
Broker WTW said commercial lines insurance increased overall by an average of 6.3 percent during the first quarter. Quarterly price increases have been about 6 percent since the global pandemic, WTW ...
R&Q: Financial Instability Could Lead to Liquidation
R&Q Insurance Holdings Ltd. warns it is facing growing financial difficulties, which could affect the "company's stability as a business" and ultimately lead to liquidation. In a June 13 ...
Young Employees Are Increasingly Struggling at Work, While Older Workers Fare Better
Younger employees are reporting more struggles at work, while older colleagues are doing better, according to a recent study. Only 31 percent of workers younger than 35 said they were thriving at ...
Internships Are Drying Up, Especially in Tech and Finance
Companies are hiring fewer interns this summer, and that's cranked up competition among college students and new graduates for a crucial entry point into the workforce. The total number of ...