US forecasters say an El Niño is favored to emerge in the Pacific Ocean by September, threatening to drive global temperatures higher and disrupt crops in the months ahead. Scientists at the US Climate Prediction Center project a 62% chance …
Sanlam Ltd. sounded the alarm about the impact of a protracted war in the Middle East, with Africa’s biggest insurer saying the conflict could have a “massive” impact on its performance. The escalating tensions will hurt earnings of the firm …
Neptune Flood has joined the ranks of insurance apps in ChatGPT. On March 12 St. Petersburg, Florida-based Neptune Flood said it has a digital flood insurance app on the platform to allow property owners to get real-time preliminary quotes from …
Canadian telecommunications provider Telus Corp. said it’s investigating a cybersecurity incident. The breach involves “unauthorized access to a limited number of our systems,” a spokesperson for Telus Digital said by email. “Upon discovery, we took immediate steps to address the …
Gallagher Re, the global reinsurance brokerage, named Steven Housse as facultative reinsurance leader for North America, starting this week. Housse, based in Atlanta, joins Gallagher after three years as managing director with BMS Group, a London-based insurance and re broker. …
Finnish satellite intelligence company ICEYE Oy is on track to grow revenue to more than €1 billion ($1.2 billion) next year as a raft of government orders allows it to ramp up production. Revenue last year exceeded €250 million, more …
Retailers Casualty Insurance, with offices in Michigan and writing workers’ compensation coverage around the South, has joined a growing list of carriers offering dividends or rebates to safe employers. The company’s board of directors voted recently to declare a $1 …
Iran will fight on and keep the Strait of Hormuz shut as leverage against the United States and Israel, new Supreme Leader Mojtaba Khamenei said on Thursday in defiant first comments attributed to him since he succeeded his slain father. …
Every summer, people living near the Mendenhall River in Juneau, Alaska, keep a close eye on the water level. When the river level begins to rise rapidly, it’s a sign that Suicide Basin, a small glacier-dammed lake 5 miles up …
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it is offering expanded cyber cover in Canada. Coalition said its “Active Cyber Policy” expands protection for Canadian organizations facing faster-moving ransomware attacks, AI-enabled fraud, and growing regulatory …