Biden Executive Order Initiates Broad Strategy to Assess, Mitigate Climate Change Risks May 21, 2021 By Andrea Shalal and Jeff Mason President Joe Biden on Thursday directed federal agencies to assess and mitigate the increasing and serious risks that climate change...
Waffle Raises $5M for Its ‘All-in-One’ Virtual Insurance Agency May 21, 2021 The insurtech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life...
Lumen Risk Services, Transverse to Offer Commercial Property Coverage May 21, 2021 Program administrator Lumen Risk Services, in partnership with Transverse Insurance Group, has launched a new commercial property insurance program. The...
5 Women File Employment Discrimination Suits Against Amazon.com May 20, 2021 By Jonathan Stempel Amazon.com Inc. was hit on Wednesday with five new lawsuits by women who worked in corporate or warehouse management roles,...
Report: $8.1B of Sandy’s Damages Attributable to Climate Change May 20, 2021 By Don Jergler Roughly $8.1B of Superstorm Sandy’s damages in 2012 are attributable to “climate-mediated anthropogenic sea level rise,” a report out this...
Judge in $2B Roundup Settlement Recommends Bayer Add a Warning Label May 20, 2021 By Tom Hals A U.S. judge suggested on Wednesday that Bayer AG include a warning label on Roundup as part of a proposed...
Businesses Should Expect More Product Recalls, Regulations After Covid: Sedgwick May 20, 2021 While the effects of the COVID-19 pandemic have kept inspections and product recall incidents at low levels, businesses should expect...
Fed Warns Credit Scores ‘May Lose Some Power’ After Covid May 20, 2021 By Jenny Surane The Federal Reserve Bank of New York warned that credit scores — the all-powerful number that can determine if a...
‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC May 20, 2021 By Gillian Tan and Crystal Tse Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led...
Arrowhead Launches E&S Program, Names Murray as President May 20, 2021 Arrowhead General Insurance Agency Inc. has launched a new excess and surplus lines program and named Bill Murray as its...