Southern California Edison said its equipment may have sparked a fast-moving wildfire that forced evacuation orders for some 100,000 people and seriously injured two firefighters on Monday as powerful winds across the state prompted power to be cut to hundreds …
Insurtech funding saw the largest number of deals and the highest amount of funding since data recording into insurtech began, with $2.5 billion raised by insurtech firms across 104 deals during the third quarter, according to a report published by …
Two civil rights organizations are suing New York City on behalf of protesters who say they were assaulted and abused by police officers because they expressed anti-police views during nightly demonstrations in the spring in the wake of George Floyd’s …
The city of Baltimore has agreed to pay workers compensation benefits to the family of a police detective who was fatally shot in the head a day before he was scheduled to testify before a grand jury investigating police corruption. …
Berkshire Hathaway Specialty Insurance (BHSI) has hired Renee Yozzi to lead Customer & Broker Engagement for the Eastern U.S. Region. Yozzi brings nearly 20 years of experience to BHSI. She most recently held the title of director of Strategic and …
HONG KONG – Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital wallet Alipay — …
Automobile insurance startup Root Inc. sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its target range, to raise $724.4 million, the company said. Root, which has $200 million in debt, sold 26.8 million shares …
Britain must spell out how far it wants to diverge from European Union rules if it wants access to the bloc’s financial market from January, a top European Commission official said on Tuesday. Britain has left the EU and access …
While the world wrestles with a deadly pandemic and how to confront climate change, there’s another, long-term global challenge that no one really knows how to deal with: population aging. As the human race transitions from a burgeoning, exploding species …
MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Johan Slabbert as chief executive officer. Slabbert will take up the role on Nov. 1, 2020, subject to regulatory approval. Slabbert succeeds Tom Clementi, who will step …
