Property/casualty insurance trade group, the Insurance Council of Texas, is seeing candidate nominations for its annual industry leadership award. Since 1998, has awarded its Raymond Mauk Leadership Award to an individual who has made a notable contribution to the Texas …
Sixty-three insurtech deals with a total value of $1.59 billion were announced worldwide in the fourth quarter of 2018. The number of deals was up 24 percent while the value jumped 155 percent over Q4 2017. The total, including all-stage …
A stink is being raised over a $120 million court settlement from the nation’s largest-known natural gas leak and it’s not about money, but cow manure. Environmental groups have criticized a plan to put more than a fifth of the …
California Attorney General Xavier Becerra has endorsed a state bill that would expand the state’s new privacy act to allow consumers to sue companies over their handling of personal data, despite months of tech lobbying against such a move. California’s …
The U.S. Justice Department formally asked a judge on Monday to approve its deal to allow CVS Health Corp. to merge with insurer Aetna. Judge Richard Leon of the U.S. District Court for the District of Columbia scolded the government …
More than 65,000 power outages have been reported in upstate New York after high winds rattled the region. Syracuse.com says 5,000 utility workers have been mobilized upstate. WGRZ in Buffalo said lake-effect snow combined with wind gusting to 60 mph …
Massachusetts State Police say two people have died after a small plane crashed and caught fire at Mansfield Municipal Airport. Saturday’s crash occurred at about 12:36 p.m., according to the state police department’s Twitter feed. State troopers assigned to the …
A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year bond will pay 5.9 percent interest, state-backed Pool …
High winds have been bringing down trees and power lines in western Pennsylvania, leaving tens of thousands of utility customers without power. The National Weather Service issued a high wind warning covering many areas of the commonwealth into Monday with …
Passenger airlines in the U.S. have recorded a remarkable period of safety over the past 10 years. Not so the nation’s cargo planes. Five domestically registered aircraft have crashed since 2009 — killing 16 people — including Saturday’s violent plunge …
