The California Climate Insurance Working Group has released 40 state and local policy recommendations focused on reducing damage and improving recovery following a wildfire, extreme heat wave, or flood. The report “Protecting Communities, Preserving Nature, and Building Resiliency; How First-of-Its-Kind …
Risk Placement Services Bruce Bahn joined Risk Placement Services (RPS) in Rolling Meadows, Ill., as the vice president of business and product development. In this new position, Bahn will be responsible for leading the firm’s new product and program development …
Three major U.S. drug distributors should be held responsible for sending a “tsunami” of prescription pain pills that caused a health crisis in one corner of West Virginia, an attorney for local governments said in closing arguments Tuesday in a …
Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd’s published a climate action road map to speed the move …
Monarch E&S Monarch E&S Insurance Services has named Heather Currier operations manager. Currier will be based out of Monarch’s Florida branch with responsibilities covering the company’s national platform. With 20 years of insurance experience, Currier has proven success in developing …
The number of COVID-19 patients in Alabama hospitals Monday climbed to more than 900 _ a number the state has not seen since February _ as the state sees a surge in virus cases. There were 947 COVID-19 patients in …
British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social Capital, Flock said on Thursday. Flock started out insuring commercial drones, and added car and van fleets last year. It …
Howden, the London-based insurance broker, announced an agreement to acquire Italian broker Andrea Scagliarini SpA. Financial details of the transaction were not disclosed. By establishing operations in Italy, Howden adds another market to its growing European platform, which enables it …
Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The transaction is part of bolttech’s international expansion strategy and follows its recent Series A …
Shares of Ryan Specialty Group Holdings Inc rose 9% in their New York Stock Exchange Debut on Thursday, fetching a market capitalization of $6.5 billion for the insurance brokerage founded and led by industry veteran Patrick Ryan. The stock opened …