California City Paying $1M to Family of Man Killed by Police August 5, 2021 The Southern California city of Fontana has agreed to pay $1 million to the parents of an unarmed man who...
Forecasters Confirm Nine Tornadoes in Pennsylvania, New Jersey August 5, 2021 The National Weather Service has confirmed a ninth tornado that struck during storms last week in Pennsylvania and New Jersey....
New England Flash Flooding Leads to Home Rescues, Washed Out Roads August 5, 2021 Heavy, continuous rain in parts of northern New England led to flash flooding, washed out roads and a few home...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion August 5, 2021 Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for...
This Summer’s Extreme Weather Hitting World’s Wealthier Countries August 5, 2021 By Seth Borenstein and Frank Jordans As the world staggers through another summer of extreme weather, experts are noticing something different: 2021’s onslaught is hitting harder...
Many InsurTechs Go Under Quietly While Others Ride Funding Wave August 5, 2021 By Susanne Sclafane While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for...
U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway August 5, 2021 A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center...
People Moves: Fidelis Names Mathias as Director of Underwriting, Murfet as CRO; OneGlobal Hires BMS’ Bowring for Energy Casualty, Bermuda August 5, 2021 This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal...
Kaseya Ransomware Attack Triggers Race to Hack Other Managed Services Providers August 5, 2021 By Joseph Menn A ransomware attack in July that paralyzed as many as 1,500 organizations by compromising tech-management software from a company called...
Georgia Fire to 81-Year-Old Property Ruled Arson August 5, 2021 Georgia Insurance and Safety Fire Commissioner John F. King announced that a Putnam County fire was intentionally set and has...