President Joe Biden on Thursday directed federal agencies to assess and mitigate the increasing and serious risks that climate change poses to individuals, businesses, the federal government and the U.S. financial system, the White House said. Biden issued an executive …
Africa Specialty Risks (ASR), a reinsurance managing general agent focused on the African corporate and specialty market, announced it has launched a fully capitalized and licensed reinsurer based in Mauritius. Alongside the reinsurer license, ASR has also been granted a …
The insurtech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life insurance in the initial launch of its new virtual agency platform. Auto and home insurance are to be added by …
Heavy rain across the eastern Texas and western Louisiana Gulf Coasts may bring more flooding on Friday, the National Weather Service said, with rainfall-related deaths rising to five in Louisiana. Of the five deaths, four involved people driving into high …
MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies and insurance price comparison companies to limit competition for automobile insurance. In a statement, the Italian Competition Authority said the …
A student was behind a cyber attack on a Massachusetts school system this week that temporarily shut down the district’s computer network, disrupted remote learning, and forced the postponement of exams, officials said. The attack on the Agawam school district …
A Massachusetts man claims that a national addiction treatment program with offices in Pittsfield and Cummington failed to take precautions to protect him, fellow staff members, as well as residential clients from COVID-19 infection. Stephen Seward and four co-workers filed …
As New Jersey firefighters gained control of one forest fire in the heavily wooded Pinelands region, a second broke out, and was halfway contained as of Tuesday afternoon. The New Jersey Forest Fire Service said it had fully contained a …
The Insurance Council of Australia (ICA) welcomed the budget announcement from the state of Victoria of funding of A$517 million (US$401 million), which will be allocated across several bushfire risk reduction projects. However, the ICA emphasized that the projected growth …
PARIS – Europe could see the first flying taxis enter service as early as 2024, the region’s top aviation regulator said on Wednesday. More than half a dozen European firms have announced developments of Urban Air Mobility vehicles for passenger …
