U.S.
Catastrophe Modeler Praedicat Raises $6M With Plan to Reach Beyond Insurance Clients
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
‘Jackpotting’ Hackers Pilfered $1M-Plus From U.S. ATMs: Secret Service
A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills ...
Lawsuits Involving U.S. Securities Class Actions Soar in 2017, Topping One Per Day
The number of class action lawsuits in the United States accusing companies of fraud and other securities law violations soared in 2017, topping one a day even as the value of settlements plunged, a ...
Keeping Flood Insurance Above Water: Commentary
With the National Flood Insurance Program (NFIP) currently set to expire on Feb. 8, and many communities still recovering from this summer's hurricanes, it's no surprise that the 21st Century Flood ...
Blame Global Warming for Recent U.S. Cold Snap Surges
Because the world is getting warmer, it's getting colder, too. Crazy as that sounds, there's an explanation in the northernmost corner of the the planet, where temperatures are rising twice as fast ...
The Latest Launches From Starr Companies and Berkshire Hathaway’s GUARD Insurance
Starr Companies said it is debuting some new wrap-up coverage in Canada targeted to the construction industry. Berkshire Hathaway's GUARD Insurance Companies is now offering homeowners and personal ...
Expect More (Near) Record Cat Bond Momentum in 2018: Aon Securities
Aon Securities believes that the record catastrophe bond issuance reached in 2017 is not necessarily a one-time deal. The firm said it predicts issuance will follow a similar momentum in 2018. ...
Nestle Settles Suit Against Atari Over Kit Kat Candy Bar Campaign
Nestle SA has settled a lawsuit in which Atari SA accused the Swiss food company of using the hit 1970s video game "Breakout" without permission to sell Kit Kat bars. U.S. District Judge Yvonne ...