‘Pay-As-You-Go’ Workers’ Compensation MGA Hourly Raises $27 Million June 2, 2022 Workers’ compensation insurtech Hourly has raised $27 million in a series A seed round. The platform lets employers with hourly...
Insurance Technology: Flood Data From Arturo and ICEYE; Weather Intelligence From Verisk; Home Valuations from CAPE Analytics June 2, 2022 Arturo and ICEYE Offer Near Real-Time Flood, Property Damage Insights Property analytics firm Arturo and sensor data provider ICEYE hope...
FEMA Fund of Recovery Firms Debuts as Disasters Grow More Damaging, Costly June 2, 2022 By Elaine Chen A new fund is betting on companies that help with recovery from natural disasters as climate change raises the risk...
U.S. Nuclear Power Regulator Backs NuScale Design After Quake Safety Review June 2, 2022 By Timothy Gardner NuScale Power Corp.’s design for a new kind of nuclear reactor is adequate to protect the project from damage by...
Gunmaker Shareholders Back Human Rights Impact Reporting Resolution June 2, 2022 By Ross Kerber A majority of shareholders of gunmaker Sturm Ruger & Co. voted in favor of a shareholder resolution calling for a...
Weather’s Unwanted Guest: Nasty La Nina Keeps Showing Up June 2, 2022 By Seth Borenstein Something weird is up with La Nina, the natural but potent weather event linked to more drought and wildfires in...
Dry Winter, Wet Spring Shrink U.S. Wheat Crop, Adding to Global Woes From War June 2, 2022 By Karl Plume North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion...
North Atlantic Hurricane Season Begins With Ripe Conditions for Above-Average Activity June 1, 2022 By L.S. Howard As the North Atlantic hurricane season begins officially today, forecasters continue to predict above-average storm activity. The pre-season forecast update...
‘The Phones Started Ringing Right Away’: Cat Modeling Pioneer Karen Clark Recalls Hurricane Andrew June 1, 2022 By Chad Hemenway At the start of the 2022 Atlantic hurricane season, Insurance Journal spoke with Karen Clark, founder of two catastrophe modeling...
U.S. Product Recalls Reach 10-Year High in Q1 June 1, 2022 Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food...