News
Resilience Raises $100M Series D Round Led by Intact Ventures
Resilience announced a $100 million equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution, which launched ...
Biden’s Carbon Proposal Is Unworkable, Power Sector Warns
Power plant owners in the U.S. warned the Biden administration on Tuesday that its sweeping plan to slash carbon emissions from the electricity sector is unworkable, relying too heavily on costly ...
Tainted Medication Fears Spur Defense Department to Seek Outside Testing
The U.S. Department of Defense entered an agreement with Valisure, an independent lab that's spotted dangerous chemicals in a variety of widely used pharma and consumer products, to test medications ...
Business Owners Seek Tailored, Increased Insurance Coverage
A new survey highlights business owners' needs when it comes to insurance coverage. Gallagher, a global insurance brokerage, risk management and consulting services company, commissioned a survey of ...
Catastrophe Bond Funds Rank in Top 10 of 2023’s Best Performing Credit Funds
Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters that could trigger payouts have either not happened or not been ...
Americans’ Concern With Safety in Religious, School Settings Climbs: Survey
More than half of Americans (54 percent) say their top safety concern while attending religious services or community, nonprofit and school events is an armed intruder or physical violence incident, ...
Severe Convective Storms Dominate Insured Natural Disaster Losses in H1: Swiss Re
Global natural catastrophes cost insurers $50 billion in the first half of 2023, (H1 2022: $48 billion), with most of the losses stemming from severe convective storms, according to Swiss Re. "Severe ...
Kemper Exits Preferred Home and Auto Business
As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it is exiting the preferred home and auto insurance market. Kemper said it will "actively reduce ...