News
U.S. Rainfall to Leave Farmers With Estimated 2.2 Million Unplanted Soy Acres
American farmers, already set to leave a record number of acres without corn, now face the prospect of also failing to plant soybeans because of rampant rainfall. Growers are expected to file ...
Swiss Re Confirms ReAssure’s Plan for London IPO
Swiss Re AG confirmed that its U.K.-based ReAssure Group Plc unit intends to undertake an initial public offering, giving the business firepower to expand its closed life and pension business. The ...
The Latest Launches From Travelers and Aspen Insurance
Travelers has added a new endorsement to California home and landlord policies meant to help counter wildfire risks. Aspen Insurance debuted its new cyber risk management platform. *** The Travelers ...
Liberty Mutual Invests in, Partners With Autonomous Vehicle Safety Tech Startup
Liberty Mutual has taken a preemptive step to helping brokers and customers alike better understand emerging autonomous vehicle technologies, partnering with a technology firm focused on the matter. ...
AXA, W.R. Berkley Finance Startups Focused on Cybersecurity Ratings, Digital Coverage
AXA joined a $50 million financing for an information security company that rates companies' cybersecurity readiness. W.R. Berkley Corp. led a $12.5 million funding round for a startup with an ...
Guy Carpenter Suspends Two Over Email Harassing Incident
A Lloyd's of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding ...
Two Oil Tankers Damaged in Suspected Attack Near Persian Gulf
Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won't avert a military confrontation between ...
World’s Biggest Beer Brewer Opens Israeli Cybersecurity Unit to Help Counter Attacks
Anheuser-Busch InBev (AB InBev), the world's largest beer maker, said on Thursday it was opening a cybersecurity unit in Israel to help protect itself from a growing number of attacks. Israel is a ...