Kettle, the San Francisco-based reinsurance startup that uses artificial intelligence to better protect people from the growing wildfire risks of climate change, announced it has been reinsuring homes during the 2021 wildfire season and that it raised a Series A …
Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along with elevated inflation and supply chain issues, may counteract recent positive market trends, AM Best reports. Also, smaller players in …
Cyber attacks are continuously evolving, and companies that don’t stay educated about the space could be caught off guard, experts say. “A lot of times, I think cyber has this type of mentality that it’s not going to happen to …
The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s not just the moral imperative—that fossil-fuel use is destroying the atmosphere and life on Earth with it. It’s that their …
A Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry’s latest loss in the expanding litigation over the painkillers. The federal-court …
Gun makers including Smith & Wesson and Sturm, Ruger & Co. on Monday asked a U.S. judge to dismiss a lawsuit by the Mexican government accusing them of facilitating the trafficking of weapons to drug cartels, leading to thousands of …
New York’s highest court ruled on Tuesday that JPMorgan Chase & Co. is entitled to insurance coverage for $140 million of a U.S. Securities and Exchange Commission settlement with the former Bear Stearns Cos. over improper mutual fund trading. Reversing …
The U.S. government asked a federal appeals court to immediately lift a court-ordered stay on a sweeping workplace COVID-19 vaccine rule to avoid “enormous” harm to public health, or alternatively to allow a masking-and-testing requirement, according to a court filing. …
U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank’s policymaking decisions during his conversations with President Joe Biden, the White House said on Monday. Biden on Monday renominated Powell, …
After talking the climate talk at U.N. negotiations in Scotland, the Biden administration now tests whether a divided United States can walk the climate walk: push a massive investment for a new era of clean energy through the narrowest of …
