May 20, 2021
Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led by recurring “Shark Tank” guest judge Matt Higgins, according to people with knowledge of the matter. The combined entity is …
May 20, 2021
Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Ltd. Focused on small and medium sized enterprises in the UK, Square Pegs …
May 20, 2021
UK Chancellor of the Exchequer Rishi Sunak is pushing the Group of Seven (G-7) economies to impose mandatory reporting of environmental risks on their big companies, people familiar with the matter said. Under the proposals, the biggest companies would report …
May 20, 2021
Trial operations of flying taxis and cargo drones will begin in Coventry, England, before the end of the year as part of a plan to develop “aerial roads” for unmanned flights in urban areas. The project, backed by 1.2 million …
May 20, 2021
The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major and profitable center, NatWest bank chairman Howard Davies said on Tuesday. The City has been largely cut off from the …
May 20, 2021
Reports of Irish patient data posted online after a cyber attack on Ireland’s health service appear to be accurate, a government minister said, as the fallout from the hack continues. A Financial Times report that some patient data has appeared …
May 20, 2021
Arrowhead General Insurance Agency Inc. has launched a new excess and surplus lines program and named Bill Murray as its president. The new E&S program operates as part of the National Programs division of Brown & Brown Inc., and initially …
May 20, 2021
A Louisiana bill that would make it easier for private flood insurance carriers to offer flood insurance in the state has been sent back to the House to contemplate amendments added by the Senate. House Bill 577, by Rep. Scott …
May 20, 2021
Environmental groups are seeking to force the federal government to address an underfunded program in West Virginia whose purpose is to help cover the costs of coal mine reclamation. The lawsuit said the U.S. Office of Surface Mining Reclamation and …
May 20, 2021
CAC Specialty in Colorado has named Erin Lynch president of its natural resources division and co-leader of its power, utility and renewables vertical. Lynch most recently led the global energy practice at Beecher Carlson during her 14-year tenure. CAC Specialty …