Pillar Technologies, which uses sensors to capture and distribute risk data on construction sites in real time, has secured $2.75 million in seed funding from XL Innovate, Hyperplane VC and Techstars Ventures. Pillar said the funding will enable it to …
The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey. The National Flood Insurance Program (NFIP) is currently on a path that will lead …
Japan Post Holdings Co. will announce plans for a share sale by the government as early as Sept. 11, almost two years after the postal and financial-services giant was listed, people with knowledge of the matter said. The Ministry of …
Hub International Limited, a global insurance brokerage, announced Roy Taylor, president of the Western Region for HUB, is retiring effective Jan. 1, 2018, after a 14-year career with the company. According to the company, during his tenure Taylor guided the …
A lightning strike set a Florida apartment building on fire, forcing 38 people to evacuate. Fire officials said the fire started Friday in Tampa and left 24 apartment units without electricity. Hillsborough County Fire and Rescue said no one was …
Fosun International Ltd., one of the companies in the cross hairs of a Chinese government crackdown on offshore acquisitions, says its plans for growth don’t clash with the authorities’ agenda. The acquisitive insurance-to-drugs group remains on course to expand its …
A South Carolina couple is suing online retailer Amazon over what they claim were faulty pairs of eclipse glasses that resulted in eye injuries, headaches and blurry vision. In court papers filed in federal court last week, Thomas Corey Payne …
Insurance broker Aon Plc said on Friday [Sept. 1] it would buy real estate investment management firm The Townsend Group from Colony NorthStar Inc for $475 million, helping expand its property investment management portfolio. Aon has been tweaking its portfolio …
Harvey spread its misery across the Deep South as flooded creeks drove people from their homes in Tennessee and Kentucky and an apparent tornado damaged homes and toppled trees in a rural area of northwest Alabama. More than 50 people …
SUNZ Insurance Company, a large deductible workers’ compensation carrier based in Florida, has appointed Gene R. Levine to the position of senior vice president – underwriting. Levine will report directly to Therese A. Stevens, president of SUNZ. He will be …
