Senator Says Microsoft Failed to Fix Cloud Software Issue Used by SolarWinds Hackers February 26, 2021 By Joseph Menn Microsoft Corp.’s failure to fix known problems with its cloud software facilitated the massive SolarWinds hack that compromised at least...
AI-Driven Insurance Distribution Platform Wins $11 Million Financing Round February 26, 2021 A startup centered around an AI-driven platform for insurance distribution secured $11 million in Series A financing. Zelros plans to...
EU Seeks More Protection from Climate Risks by Increasing Resilience, Insurance Cover February 26, 2021 By Ewa Krukowska The European Union is bolstering its 14-trillion-euro ($17 trillion) economy against damage caused by the impacts of climate change, from...
Canadian Insurtech Farmers Edge Raises $100 Million in IPO February 26, 2021 By Kevin Orland and Marcy Nicholson Farmers Edge Inc. raised about C$125 million ($100 million) in its Canadian initial public offering after selling shares at the...
UK Insurer RSA Reports 15% Hike in 2020 Operating Profit February 26, 2021 UK insurer RSA has reported a 2020 business operating result of £751 million ($1.1 billion), up 15% from £656 million...
Irish Insurer FBD More Than Doubles Money Set Aside for Lockdown-Related Claims February 26, 2021 DUBLIN – Irish insurer FBD more than doubled the money set aside to cover lockdown-linked claims to 65 million euros...
Texas Marine Services Firm to Pay $125K to Settle Disability Discrimination Suit February 26, 2021 A Galveston, Texas-based marine services company, will pay $125,000 and furnish significant equitable relief to settle a disability discrimination lawsuit,...
Texas Mom Seeks to Raise Fire Safety Awareness after 4 Die in Frigid Home February 26, 2021 A Houston-area woman whose mother and three children were killed during the widespread power outages in Texas says she hopes...
Judge Dismisses Georgia Lawsuit by Transgender Fire Chief Over Technicality February 26, 2021 By Russ Bynum A federal judge has dismissed a discrimination lawsuit by a transgender fire chief who led a rural Georgia city’s fire...
SIU Adds Kiernan to Marine Brokerage Team in Georgia February 26, 2021 Southern Insurance Underwriters, Inc. (SIU) has added John Kiernan to its Marine Brokerage team. He will be based in Alpharetta,...