Insurtech Investment Reaches Record $7.4B for First Half 2021 July 29, 2021 Insurtech venture investment keeps climbing ever higher, with new records reached for the second quarter as well as the first...
Howden Acquires Independent Italian Broker Andrea Scagliarini SpA July 29, 2021 Howden, the London-based insurance broker, announced an agreement to acquire Italian broker Andrea Scagliarini SpA. Financial details of the transaction...
British On-Demand Drone Insurer Flock Raises $17 Million in Funding July 29, 2021 British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social...
Alabama COVID Hospitalizations Soar July 29, 2021 By Kim Chandler The number of COVID-19 patients in Alabama hospitals Monday climbed to more than 900 _ a number the state has...
People Moves: Monarch E&S Hires Currier; Howden Specialty Names Two Executive Directors for Financial Lines Division July 29, 2021 Monarch E&S Monarch E&S Insurance Services has named Heather Currier operations manager. Currier will be based out of Monarch’s Florida...
Lloyd’s Plans Insurance for Electric Vehicles, Hydrogen Fuel, in Climate Change Fight July 29, 2021 Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight...
West Virginia Lawsuit Over Opioids Reaches Closing Arguments July 29, 2021 By John Raby Three major U.S. drug distributors should be held responsible for sending a “tsunami” of prescription pain pills that caused a...
People Moves: Bahn Joins RPS in Illinois; Keller Joins IFG Primary Casualty in Chicago; Omaha National Promotes Perry July 29, 2021 Risk Placement Services Bruce Bahn joined Risk Placement Services (RPS) in Rolling Meadows, Ill., as the vice president of business...
Scientists Call for Urgent Climate Change Action, Citing ‘Tipping Point’ July 29, 2021 By Don Jergler The California Climate Insurance Working Group has released 40 state and local policy recommendations focused on reducing damage and improving...
Labor Commissioner Cites Three California Grocers $447K over COVID-19 Paid Sick Leave July 29, 2021 The California Labor Commissioner’s Office cited three El Super grocery stores in Southern California for failing to provide or delaying...