News
Why Are the World’s Rivers, Canals and Reservoirs Turning to Dust?
Rivers across the globe are disappearing. From the U.S. to Italy to China, waters have receded, leaving nothing but barren banks of silt and oozing, muddied sand. Canals are empty. Reservoirs have ...
ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome
The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched ...Europe’s Record-Breaking Summer Heat Wave Will Be the Norm by 2035: Report
Europe's record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet their climate goals — with regular droughts and fires set to become the norm. By ...
InsurTech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re
Accelerant, an InsurTech platform aiming to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a new $175 million sidecar vehicle, Flywheel Re. ...
Moderna Sues Pfizer/BioNTech for Patent Infringement Over COVID Vaccine
Moderna is suing Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that ...
With a Few Exceptions, Personal Insurance Shopping Subdued in Q2 2022
Auto insurance shopping was down 3 percent overall in second-quarter 2022 compared to the same period in 2021. That trend was primarily driven by a significant decrease by higher-risk consumers, ...
U.S.-Listed Companies Will Have to Disclose How CEO Pay Stacks Against Firm Performance
Wall Street's main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of their top executives squares with overall company performance. The U.S. ...
Tech Bytes: New Partnerships at CompScience, Ascend, Origami Risk
CompScience, a provider of video analytics as a service and data-driven recommendations for workplace safety, closed a $6 million seed round. It now covers 70 percent of the U.S. market. Investors in ...