U.S.
Climate Change Could Fuel Larger Atmospheric Rivers
Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger -- and possibly more destructive -- because of climate change, scientists said. ...
Resilience Cyber Raises $80M to Fund Further Expansion Into Middle Market
Resilience, which offers cyber insurance and security solutions, reported that that it closed an $80 million Series C funding round as it plans for further middle market expansion and international ...
State High Court Slams Insurer for Forum Shopping in Opioid Case
The West Virginia Supreme Court has decided that a trial court has the authority to reach across the continent and halt an insurance carrier's litigation in California, a move that could affect other ...
Insurers Pull Back on Cyber Cover as Ransomware Losses Mount
LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. ...
Risk Management Implications of the Infrastructure Bill
The U.S. Senate has passed a $1.2 trillion bill known as the Infrastructure Investment and Jobs Act. The bill is now in the hands of the House of Representatives, where its fate is intertwined with ...
Hosta.ai Raised $11.5M from USAA, Others to Further AI-Driven Property Assessment Tech
Hosta.ai, an artificial intelligence property assessment technology startup, has raised $11.5 million in new venture capital from a group of investors including USAA and The Cincinnati Insurance ...
Executives On The Move at Hiscox and Hourly
Specialist insurer Hiscox appointed a veteran Hartford executive as its new Chief Financial Officer in the U.S. Hourly, an InsurTech startup and insurance intermediary with a workers comp technology ...
Former Lloyd’s CEO Beale Joins Willis Towers Watson Board as Part of Activist-Spurred Revamp
Willis Towers Watson PLC , which has been under pressure from activist investor Elliott Management, appointed four new directors on Thursday as it looks to turn around its business following a ...