News
U.S. Auto Buyers Not Sold on Electric Vehicles
The world's major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. Yet for that to happen, they'll need to sell the ...
Rare COVID Biz Interruption Win Hinges on Past Cat Urine Case Ruling
A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus pandemic. Businessman Mark Stebbins of Schleicher & Stebbins ...
Managed Retreat Needed Now; No Longer Last Resort for Climate Change
University of Delaware disaster researcher A.R. Siders believes it's time to put all the options on the table when it comes to discussing climate change adaptation. Managed retreat—the purposeful ...
French Pricing InsurTech Akur8 Raises $30M; Eyes U.S., Asian Markets
Akur8, the Paris-based InsurtTech firm that automates insurance pricing, has closed a Series B funding round of $30 million, bringing its total funding to $42 million. This latest funding round will ...
Americans Don’t Expect Normal Travel Until 2022: Generali Survey
Most Americans don't expect a return to normal travel until 2022, according to a new Generali survey, which mean smaller numbers will take a summer vacation this year than before COVID-19 hit. The ...
Software Bug, Not Cyber Attack, Takes Down Airlines, Banks
A software bug at a major network provider briefly knocked dozens of financial institutions, airlines and other companies across the globe offline during peak business hours in Asia. Akamai, which ...
Explaining Just How Fastly Problems Happen
An outage at a little-known firm that speeds up access to websites knocked a lot of top Internet destinations offline on Tuesday, June 8 disrupting business and leisure for untold millions globally. ...
CEO Views: Successes and Failures in Dealing With Pandemic Challenges
As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons ...