UK connected motor insurtech Ticker and Abacai Group have partnered to increase Ticker’s capacity and introduce new levels of pricing sophistication, bringing connected insurance to a much wider market. Founded in 2018 and launched in 2019 with the backing of …
Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday, despite agreeing to settle debt with a Chinese bank in a $1.5 billion stake divestment deal. With liabilities of $305 …
The final chunk of a cargo ship that capsized two years ago along the Georgia coast is awaiting removal from the water. Salvage crews have worked since November to cut the South Korean freighter Golden Ray into eight giant chunks …
Climate change has returned to the top of the list of insurers’ biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global warming was ranked as the biggest risk to …
Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the expansion of its Workers’ Compensation Program into five new southeastern states: Tennessee, Georgia, North and South Carolina and Alabama, with more states to come next year. “Expansion in these southeast states …
Italian insurer Cattolica said on Tuesday that its board considers that bigger rival Generali’s takeover offer for it is at a fair price. Generali, Italy’s largest insurer, earlier in May said it would launch a 1.17 billion euro buyout offer …
Coalition, a San Francisco-based cyber insurance and security company, has already been focused on rapid growth. Its new $205 million venture capital financing will help supercharge that strategy even further. “We are building a new kind of insurance with technology …
Small businesses have faced big-time problems throughout the COVID-19 pandemic. And for many, it was no longer just about trying to get by. It was a matter of survival. Local small-business owners Rous and Angie Robles of My Sister’s Fault …
Maine’s attorney general is seeking proposals from law firms willing to assist with potential legal claims over chemical contamination in the state. The state is considering legal claims over so-called PCBs and a separate class known as PFAS. Both chemicals …
Delaware’s attorney general has filed a lawsuit against chemical company Monsanto and spinoffs Solutia and Pharmacia, alleging long-lasting damage to the state’s natural resources. The lawsuit filed Delaware Superior Court on Wednesday alleges Monsanto knew as early as 1937 that …