News

Insurtech Startup With Claims Monitoring Platform Raises $30M

Insurtech startup owl.co Labs Inc. raised $30 million in new venture capital. Many plans are in play to spend the cash infusion, including hiring, and accelerated growth plans for the company’s machine learning-focused insurance claims monitoring platform. “By leveraging machine …

AgentSync Acquires Broker ID Provider Finvera in California

AgentSync has acquired Finvera, a cloud identity passport for licensed brokers in San Francisco, Calif. Cameron Nordholm, founder of Finvera, joins the AgentSync team as head of product. Terms of the deal were not disclosed. Finvera’s technology complements AgentSync’s licensing …

Howden Broking Launches New Zealand Operations

Howden, the international insurance broker, announces the launch of operations in New Zealand with Howden Broking and Howden Care — its local workplace claims management, rehabilitation and wellness business. The launch reinforces Howden’s ambitious growth plans in the region since …

Climate-Fueled Disasters Spur UN Plan to Fund Weather Forecasting in Vulnerable Nations

GLASGOW – As climate change triggers deadly heatwaves, droughts and floods, three U.N. agencies on Wednesday rolled out funding plans to improve weather forecasting in vulnerable countries. The initiative, announced at the U.N. climate summit, aims to plug gaps in …

Coal in Crosshairs as UN Climate Summit Brings Raft of Clean Energy Pledges

GLASGOW – Government representatives at the U.N. climate conference in Glasgow on Thursday will turn their focus to tackling the global economy’s addiction to fossil fuels with a raft of new pledges aimed at curbing production and use of oil, …

Worker’s Death at Nebraska Manufacturing Plant Under Investigation

Officials are investigating the death of a worker injured in a crane accident at a Norfolk, Nebraska manufacturing plant over the weekend. Sheriff’s deputies and paramedics were called to the Continental Tire plant late Saturday afternoon by a 911 caller …

Canada Employers Shed Unvaccinated Workers With Legal Challenges Expected

OTTAWA – Canadian employers are firing or putting on unpaid leave thousands of workers who refused to get COVID-19 shots, squeezing an already tight labor market and raising prospects of potentially disruptive legal challenges. Prime Minister Justin Trudeau promised vaccine …

31 October Tornadoes Breaks Oklahoma Monthly Record

A total of 31 tornadoes last month was a record-high for October in Oklahoma dating to 1950, according to the National Weather Service. The previous high for October, the fifth most active month for tornadoes, was 27 in 1998, according …

Chicago Blackhawks Hold Settlement Talks With Former Player’s Attorney

The Chicago Blackhawks held settlement talks Tuesday, Nov. 2 with an attorney for a former player who is suing the team after he accused an assistant coach of sexual assault in 2010 and the team largely ignored the allegations. The …

Insurance Regulators: Mitigation, Solvency Are Keys to Surviving Climate Change

The United States will not be able to insure its way out of coming climate disasters, but must focus on mitigation and resiliency – along with insurer solvency — to reduce risk and exposure, insurance regulators said Wednesday. Insurance commissioners …

News Archives by Month