After being battered by a rash of pandemic-era ransomware attacks, the cyber-insurance market is making a comeback
Author: Annie George
Warren Buffett’s Berkshire Hathaway Posts Big 2022 Loss in Rocky Market
Mr. Buffett’s portfolio took a hit with Berkshire posting a loss for 2022 in large part due to investment losses.
States Look to Remove Legal Protections for Gun Industry Amid Mass Shootings
Lawmakers in Colorado and at least six other states are proposing bills to roll back legal protections for gun manufacturers and dealers.
New Indictment Accuses NC Insurance Billionaire Greg Lindberg of Misappropriating Millions
Beleaguered N.C. billionaire Greg Lindberg was indicted Friday on a rash of new criminal charges that further threaten his freedom.
Aon Launches New Earthquake Risk Cat Model in Canada
Aon plc, a leading global professional services firm, today announced the launch of a new probabilistic catastrophe model to quantify loss potential for earthquake risk in Canada.
CSAA Insurance Group Invests $25M in New California Wildfire Innovation Fund
Partnership with Blue Forest Asset Management addresses climate and wildfire risks; boosts local economies.
WTW Launches Pooled Employer Plan in the U.S.
WTW announced the launch of its LifeSight PEP, a pooled employer plan (PEP) that simplifies 401(k) plan sponsorship for employers and improving outcomes for their employees.
Altai Ventures Launches $50M Fund to invest in Insurtechs
Early-stage VC firm Altai Ventures has launched a $53mn investment fund that will target startups in the insurtech and fintech space.
Root, Inc. Reports Q4 Loss, Misses Revenue Estimates
Root, Inc. came out with a quarterly loss of $4.13 per share versus the Zacks Consensus Estimate of a loss of $4.2
New Florida Insurer Picks Up Nearly 200,000 Homeowners from Insolvent Carriers
A new company in Tampa has become one of the larger providers, taking on nearly 200,000 policies from failing companies.