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Cowbell Cyber Raises $100M in Latest Series B Funding

Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its latest series B funding round. The capital raise was led by Anthemis Group with participation from Permira, PruVen Capital, NYCA …

Berkshire Hathaway Stock Price Reaches $500,000 in Unsettled Market

The share price of Warren Buffett’s Berkshire Hathaway Inc. reached $500,000 for the first time on Monday, reflecting the company’s status as a defensive stock in a market unsettled by events in Ukraine and rising inflation. Berkshire’s Class A shares …

People Moves: Crawford Names Bart CEO, Int’l Operations; Marsh Appoints Delchar as Head of Placement, UK & Ireland; Pütz to Become Echo Re’s CEO as Meyer Retires

This edition of International People Moves details appointments at Crawford & Co., Marsh and Echo Re. A summary of these new hires follows here. Crawford & Co. Names Bart CEO, Int’l Operations Crawford & Co., the provider of claims management …

Gallagher Rebrands India Business After Edelweiss Acquisition

Gallagher, the international insurance broker, announced the rebranding of its India business to Gallagher Insurance Brokers Private Ltd. Gallagher Insurance Brokers Private Ltd. is one of the leading providers of risk management services, general insurance broking and risk solutions in …

Russia, Belarus Represent Less Than 1% of Business Transacted by Lloyd’s

Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of its specialist insurance classes. Insurers and reinsurers based in …

Generali Reports Record Operating Profit in 2021, as Board Battle Looms

Italy’s top insurer Generali, facing a power struggle over its management, said on Tuesday it posted record operating profit last year thanks to a strong contribution from all of its business segments. Generali also said it continued to monitor the …

Coming Soon: Stadium-Sized Site to Test 200-mph Wind, Waves, Storm Surge

In the not-too-distant future, researchers should be able to see exactly which materials and construction techniques hold up best against the worst that Mother Nature has to offer: 200-mph winds, storm surges and the pounding of waves – all at …

Trial Against Teva Begins in Rhode Island Multibillion-Dollar Opioid Case

Rhode Island is set to square off on Monday against Teva Pharmaceutical Industries Ltd., as a multibillion-dollar trial begins over whether the Israeli company contributed to an opioid crisis that has caused more than 500,000 deaths over the past two …

New Hampshire Ex-Police Officer Settles With Driver in Assault Case

A former New Hampshire state trooper who was caught on video punching a man following a 2016 car chase has settled with the driver. Andrew Monaco had resigned and pleaded guilty to simple assault charges in 2016 in an agreement …

Takeaways from Our Conversation on Who the Insuring Cannabis Brokers Are

Are most people in the insuring cannabis business merely cannabis insurance brokers in name only – their only client being a cousin who owns a mom-n-pop dispensary in downtown? Or do most focus primarily on cannabis? Or, perhaps they work …

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