U.S.
Generali Closer to Controlling Cattolica, After Berkshire Hathaway Tenders Stake in Company
Warren Buffett's Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. The move brings Italy's top ...
Risk Alerts: Critical Infrastructure at Risk of Flooding; FSOC Warns About Climate Threat
New research by First Street Foundation finds that 25 percent of critical infrastructure is at risk of flooding today—and that number is expected to increase another 6 percent over the next 30 ...
Updated: Munich Re’s HSB Is Acquiring Zeguro’s Cybersecurity Digital Platform, Plus Six Employees
Munich Re-owned HSB is acquiring a cybersecurity digital platform for small businesses developed by InsurTech startup Zeguro. The purchase covers select digital assets, and six Zeguro product ...
Climate Modeler Startup Jupiter Raises $54M to Fuel R&D, Growth Push
Jupiter, a global climate modeling and technology startup, has nailed down a $54 million financing round – money that will help accelerate sales and marketing efforts. A big boost in research and ...
The Biden Administration Wants Corporate America’s Help Tracking Down Cyber Criminals
U.S. Deputy Attorney General Lisa Monaco has a message for corporate America: The U.S. Justice Department needs its help in order to take down cyber criminals. "We cannot do this alone," Monaco said ...
Thousands of Unvaccinated U.S. Workers Risk Losing Their Jobs Due to Employer Mandates
Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for inoculation ...
Concert Group Holdings Raises $100M to Fuel Insurance Fronting Expansion
Concert Group Holdings – a newly formed business dedicated to insurance fronting – has raised $100 million in capital to fund its growth. A fronting company is a licensed and admitted insurer ...
Florida Insurers Are Swimming in a Sea of Red Ink: Citizens CEO Gilway
It's not just a few Florida property insurance companies that are running into financial trouble. Almost every carrier is losing money in 2021 and the future does not look any better, the CEO of ...