News
Special Report: Worker Injuries Soar at SpaceX
One windy night at Elon Musk's SpaceX facility in McGregor, Texas, Lonnie LeBlanc and his co-workers realized they had a problem. They needed to transport foam insulation to the rocket company's main ...
California Town Struggles to Rebuild Amid High Home Insurance Costs
Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. After the fire, she got divorced, ...
Tech Bytes: New Partnerships at Allianz Partners, Verisk, Hourly
Allianz Partners and bolttech announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific and the U.S. The strategic cooperation agreement aims to bring ...
CoverForce Announces Product Suite Following Last Year’s $5M Seed Round
CoverForce, an independent insurance platform bringing comparisons and one-click buying to commercial insurance, unveiled its suite of products made for agency networks, wholesalers, and software ...
Cyber, Geopolitics, Supply Chain Issues Are Risks to Watch in 2024
Two reports released recently highlight the risks to watch for businesses in the coming year. The Hartford Risk Monitor, spotlighting top risks for mid to large businesses through a survey of agents ...
Study Finds Large Pickup Trucks Fare Poorly in Rear Seat Safety
Four large pickup trucks fared poorly in protecting back seat passengers in tests measuring how those passengers fare in some crashes, the Insurance Institute for Highway Safety said on Tuesday. IIHS ...
GM’s Driverless Cars Recalled for Software Update After Dragging a Pedestrian
General Motors' Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in early October. The ...
Greenlight Re Names TransRe’s Richardson as CEO to Succeed Burton
Greenlight Capital Re Ltd., the Cayman Islands-based multiline property/casualty insurer and reinsurer, announced that Simon Burton, the company's chief executive ...
Update: James River to Exit Reinsurance, Agreeing to Sell JRG Re to Fleming for $277M
James River Group Holdings Ltd. announced it has entered into a definitive agreement to sell JRG Reinsurance Co. Ltd., its casualty reinsurance business, to Fleming ...