Hospital operator Ascension said on Monday that it “worked around the clocked” over the weekend to handle a recent ransomware attack that disrupted operations. “We are focused on restoring systems safely. We are making progress, however, it will take time …
The 22 acquirers that make up the Sica Fletcher Index were involved in 111 agent-broker deals in the first quarter 2024, totaling $284 million in revenue. That is a 21% drop in revenue from what was acquired during the same …
This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty. A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London Casualty, Reinsurance AXA XL Reinsurance …
Jensten, the London-based independent insurance broking and underwriting group, announced a reorganization that aims to drive growth, bolster continued acquisitions, and expedite the integration of future acquisitions. This move closely follows the recent announcement of Jensten’s successful securing of £170 …
Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be Accel’s eighth since opening …
European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will enforce a …
Everest launched its Australian Insurance operations after receiving approval from the Australian Prudential Regulation Authority. The business will operate under the name Everest Insurance Australia with offices in Sydney and Melbourne. Christian Colombera, managing director, Australia and head of the …
Insurance broker WTW announced a partnership with Ukrainian insurer, VUSO, to provide a London-market-backed facility covering cargo and, crucially, war-on-land risks. This exclusive facility – which WTW describes as a market first – provides prearranged war insurance capacity, offers much …
Firefighters on Monday battled a large wildfire heading towards a remote western Canadian town as winds and tinder dry conditions threatened to spread the flames further, a provincial minister said. The largely evacuated town of Fort Nelson in British Columbia …
Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual harassment, as the electric carmaker faces a series of sex and race discrimination lawsuits. U.S. District Judge William Orrick in …
