New Delhi-based insurtech start up SafeTree has raised $1 million in its seed funding round from angel investors Shams Ahmed Parvaz and Faiz Shams. The startup aims to use the capital infusion to expand its team, strengthen product development and …
One in four companies has instituted a vaccine mandate for U.S. workers, a sharp increase from last month, following President Joe Biden’s directive ordering large employers to require shots or weekly testing. Another 13% of companies plan to put a …
Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired 100% of UK-based Manchester Underwriting Agencies Ltd. and its wholly owned subsidiary, Manchester Underwriting Management Ltd. (MUM). Terms of the transaction were not disclosed. Founded …
Three more dancers have come forward to allege that an instructor and his wife, a former star with the Boston Ballet, sexually abused them, according to an expanded lawsuit. Five dancers now say dance instructor Mitchell Taylor Button and his …
McGill and Partners, the boutique specialist re/insurance broker, is set for further expansion following regulatory approval for its Bermuda operation. The office will officially open later this month. The Bermuda office will complement McGill and Partners’ other international operations as …
President Joe Biden has signed a disaster declaration for damage caused by storms that hit the southern Vermont counties of Windham and Bennington at the end of July, the office of Vermont Governor Phil Scott said Wednesday. The presidential declaration …
Howden-Backed Parhelion Appoints Former Ark Exec as Chair Parhelion announced it has appointed insurance industry leader David Foreman as chair as it prepares to launch the world’s first fully sustainable insurer. Backed by Howden, Parhelion continues to raise capital to …
Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry – but will drive new opportunities, according to a report published by Marsh and Guy Carpenter, subsidiaries …
HUNTINGTON BEACH, Calif.— A large oil spill off the southern California coast left fish dead, birds mired in petroleum and wetlands contaminated, in what local officials called an environmental catastrophe. The U.S. Coast Guard, heading a clean-up response involving federal, …
Four large pharmacy chains are set to face their first trial over the deadly U.S. opioid epidemic, creating new pressure to reach settlements with state and local governments who accuse them of contributing to the public health crisis. The Ohio …