Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth and global expansion. The firm said it will use the funds to expand internationally as well as into other commercial …
With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an increasing number of businesses toward remote work, it’s no question the cyber insurance industry has had to evolve rapidly since its onset. However, Steve Robinson, …
Funds investing in “brown” or polluting companies would be hit far harder than environmentally friendly “green” funds in a climate-related market shock, the European Union’s securities watchdog said on Wednesday in its first study of its kind. Brown funds spread …
SAN FRANCISCO (AP) — The last vacation Margrit and Lucio Gonzalez took together began with an ominous delay: a medical emergency on the cruise ship they were set to board. After a four-hour wait, the couple of 51 years got …
CFC, a specialist managing general agent, announced it has acquired Insane Technologies, an Australian cyber security and incident response provider. Financial details of the transaction were not disclosed. The deal is subject to approval by the Australian Foreign Investment Board. …
Xenia Broking Group, the credit insurance and surety specialist, announced it has entered into an agreement to acquire Status Credit Insurance Brokers Ltd., a specialist trade credit broker, headquartered in East Grinstead, England. The transaction will complete in April 2021, …
Ratings agency Demotech has affirmed the ‘A’ ratings of the Florida homeowners carriers it rates, which account for approximately 66% of the state’s market, after review of 2020 year-end and projected Q1 2021 results. However, Demotech warned of tough times …
MILAN – Italy’s top insurer Generali is considering an acquisition in Russia worth about 2 billion euros ($2.4 billion), although the project is still at a very early stage, a source close to the situation said on Wednesday, confirming a …
Uber Technologies Inc. will reclassify all 70,000 of its UK drivers as workers, entitling them to the minimum wage, vacation pay and other benefits after a landmark ruling from the Supreme Court last month. The ride-hailing app’s drivers will receive …
Pennsylvania’s Keystone Agency Investors (KAI) has partnered with Kerrville, Texas-based Garrett Insurance Agency to facilitate KAI’s entry into that state. Founded in 1918, Garrett Insurance Agency is an independent insurance agency offering a comprehensive suite of personal, commercial, group health …
