World Insurance Acquires Trucking Specialist Oakwood/Insure Big Rig of New Jersey October 11, 2023 World Insurance Associates announced that it acquired the business of Oakwood Insurance Agency, LLC, also doing business as Insure Big...
Shipping Traffic Slows at Israel’s Ports as Insurance Premiums Soar October 11, 2023 By Jonathan Saul and Ari Rabinovitch Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the...
Global Economic Losses From Extreme Weather Could Hit $5 Trillion: Lloyd’s October 11, 2023 Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that...
Finland Says Damage to Gas Pipeline, Telecoms Cable Likely Result of Deliberate Act October 11, 2023 By Anne Kauranen and Terje Solsvik A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in...
Cyber Pro Talks Managing Insider Threats, Building a Cybersecurity Career October 11, 2023 By Elizabeth Blosfield Boyd Clewis’s journey to building a career in cybersecurity began with learning how to persevere and problem solve in the...
Spanish Airline Air Europa Hit by Data Breach of Credit Card System October 11, 2023 Spanish airline Air Europa has suffered a cyberattack on its online payment system that let some of its customers’ credit...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet October 11, 2023 By Alaric Nightingale and Chandra Asmara A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the...
India Insurance Startup Raises Funds at $650 Million Valuation October 11, 2023 By Sankalp Phartiyal Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than...
Use of Weather Derivatives Surges as Extreme Climate Events Rock the Globe October 11, 2023 By Harry Robertson Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on...
Insurance Executives Paid Millions in Compensation as Rates Skyrocket: CFA Findings October 11, 2023 A new report from the Consumer Federation of America (CFA) says chief executives of insurance companies are “living high on...