Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance and risk management solutions to build the resilience of ecosystems …
The $952 million acquisition of Canopius from Sompo Holdings has been completed by a private equity consortium led by Centerbridge Partners, L.P., which includes private investment firm Gallatin Point Capital LLC. Having received all necessary regulatory consents, Canopius is once …
Winter at the top of the world wimped out this year. The Arctic just finished its warmest winter on record. And sea ice hit record lows for this time of year, with plenty of open water where ocean water normally …
Attempts at digital espionage and online political manipulation in Europe are on the rise both in number and in complexity, the Netherlands’ main intelligence agency said Tuesday [March 6] in its annual report. Adding its voice to fears around the …
Coincheck Inc. said it will start compensating users who had their cryptocurrency stolen beginning as soon as next week, as the Japanese exchange seeks to resume more of its operations. All of the 260,000 users impacted by the theft of …
Financial businesses have realistic expectations about serving European Union customers after Britain leaves the bloc next year and could deal with a so-called hard Brexit, a top EU official said on Thursday. The EU was not being threatening towards Britain …
Hiscox has added new coverages to its insurance policy for U.S. businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a variety of specialized benefits for mental health professionals tailored to cover emerging risks in …
A bill that’s nearing a final vote could close a loophole in Alabama’s law to reduce drunk-driving deaths. The bill introduced by Republican state Sen. Jim McClendon would require drunk drivers to use an ignition interlock device after their first …
Federal disaster officials are ending a program that paid for hotel rooms for more than 27,000 Florida households in the wake of Hurricane Irma. FEMA officials announced Tuesday that the short-term emergency sheltering program will end March 10, six months …
A massive water main break sent water gushing into neighborhoods and flooded a major highway near Atlanta on Wednesday morning, forcing more than 100 schools to close and shutting down businesses miles away. The break in a major transmission main …
