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...
Naspers Invests in Online Insurer Naked as Part of South African Investment Push August 5, 2021 By Loni Prinsloo Naspers Ltd. is backing online insurance company Naked as part of a commitment to invest almost $100 million in tech...
London Is Struggling to Lure Back Workers, Says CEO of Legal & General August 5, 2021 By Benjamin Robertson and Mark Cudmore The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far...
Georgia Sheriff Faces Additional Charge of Violating Civil Rights at Clayton County Jail August 5, 2021 By Kate Brumback An Atlanta-area sheriff is facing an additional charge in a federal prosecution accusing him of violating the civil rights of...
Two Louisiana Parishes May Be Eligible for Federal Aid From Tropical Storm Damage August 5, 2021 Farmers in two south Louisiana parishes who lost property during extreme weather in April through June may be eligible for...