News
More Airlines Avoiding Ukraine Airspace Amid Insurance Issues
More airlines are likely to avoid Ukraine's airspace amid insurance issues and a decision by leading European carriers to stop overflights after a U.S. warning that Russia could invade at any time, a ...
Hertz Customers Who Claim They Were Falsely Arrested Score Win in Court
Hertz Corp., battling hundreds of customers who say they were falsely arrested for auto theft after renting cars, was ordered by a federal judge to disclose how many renters it accuses every year. ...
FT Partners: 2021 Most Active Year for Private Company InsurTech Funding
FT Partners found in its recently published 2021 Annual InsurTech Almanac report that 2021 was the largest and most active year globally for private company InsurTech funding, with approximately ...
Judge Blocks Biden Order on Calculating Climate Risks in Government Decisions
A federal judge on Friday blocked for now the Biden administration from restoring Obama-era values for calculating the cost of climate change in the government's permitting, investment and regulatory ...
Inspector General Says Counterfeit Parts in Nuclear Plants Raise Safety Concerns
Many counterfeit parts have been discovered in U.S. nuclear plants, potentially increasing the risk of a safety failure, the inspector general of the federal nuclear industry regulator said in a ...
The Latest Launches From FastTrack, American Claims Management, Policygenius
FastTrack, a provider of automated risk management services tailor made for life and disability insurance claims operations, announced its new product offering to assist life and disability carriers ...
SpaceX Satellites Falling Out of Orbit After Being Hit by Solar Storm
SpaceX's newest fleet of satellites is tumbling out of orbit after being struck by a solar storm. Up to 40 of the 49 small satellites launched last week have either re-entered the atmosphere and ...
Executives on the Move at AmTrust, Great American, Markel, Fairfax
Global specialty insurer AmTrust Financial Services Inc. has announced the formation of a new leadership team for its Excess & Surplus division, promoting and expanding the roles of five ...