When people use the word “connected,” they’re typically referring to the cool vastness of cyberspace, where they can surf the web, send and receive email or Facebook with one another. Often regarded as the Neanderthal cousin of modern communication, another …
A California insurtech startup with a new cyber product has launched today to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View, Calif.-based At-Bay launched out of stealth mode along …
“It was all hands on deck.” That apt description of the reaction to the deadly outbreak of wildfires that ravaged California in October was from Stephen Poux, global head of risk management and loss prevention for AIG’s private client group. …
Resilience Economics Ltd. seems poised to capitalize on climate change. Cedent Ltd. this month launched the corporate finance advisory firm focused on climate risk with an initial $500 million of capacity from strategic partner Nephila Capital Ltd. The joint-venture plans …
There are no worries about who will take over at Kulchin Ross Insurance Services LLC when the agency principals decide to hang it up. The agency, which has grown from a handful of employees to more than 30 employees since …
Farmers Insurance has filed a lawsuit in California against a pair of former employees and the Automobile Club of Michigan alleging the theft of trade secrets. The suit alleges violations of the California Trade Secrets Act, unfair competition, breach of …
The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data …
Insured losses from the siege of California wildfires could possibly reach $8 billion, according to new estimates released on Friday by catastrophe modeler RMS. The firm now estimates the insured loss for the wildfires impacting Sonoma, Napa, Solano, Lake and …
This week is the anniversary of Superstorm Sandy, which developed in late October and moved over the East Coast starting on Oct. 29, 2012, causing more than $70 billion in damage and killing 280 people. To mark that anniversary, Climate …
The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …
