Lloyd’s CEO Neal Appointed Aon CEO of Reinsurance, Chairman of Climate Solutions January 8, 2025 By L.S. Howard Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions,...
Thousands Flee From Uncontrolled Wildfires Burning Near Los Angeles January 8, 2025 By Brian K. Sullivan Millions of people in California face at least two more days of dry, hot winds that have fanned fires across...
Deep Vector Closes $1.5M Round Co-Led by Aperture and InsurTech NY January 8, 2025 Deep Vector, an artificial intelligence (AI) platform for analyzing underwriting documents, closed its seed round of $1.5 million, co-led by...
Lawsuit Alleges Fox Sports Ex-Host Harassed Hairstylist, Offered $1.5M for Sex January 8, 2025 A woman who worked as a hairstylist for Fox Sports alleges in a lawsuit that former host Skip Bayless made...
Virginia’s Andrew Agency Acquires Richmond Insurance Agency January 8, 2025 The Andrew Agency has acquired Garriques, Lloyd & McMahon in Richmond, Virginia. Founded in 1963, GLM Insurance is a third-generation...
South Korea Reviews Airport Runway Walls After Fatal Jeju Crash January 8, 2025 By Heejin Kim South Korea plans to review the concrete walls positioned just beyond the end of some airport runways after an aircraft...
Israel Cyber Firms Raise $4 Billion in 2024 on Surge of Cloud, AI Security Needs January 8, 2025 By Steven Scheer Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect...
Oil Tanker Linked to Subsea Cable Damage Has Serious Deficiencies, Finland Says January 8, 2025 Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea...
Artificial Intelligence Energy Demand Is Driving Climate Tech Investing January 8, 2025 By Coco Liu Energy startups have overtaken the makers of electric cars and batteries as the top global climate tech investment for the...
US Insurance Deals Outlook: More, More, More January 8, 2025 In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024,...