Insurance

Envelop Risk, the data-driven cyber re/insurance and analytics specialist, announced the launch of Envelop SPA 1925, a dedicated cyber reinsurance special purpose arrangement (SPA) at Lloyd’s, in partnership with managing agent Apollo. Through Apollo’s Strategic Partner Syndicates business and Apollo …

COLUMBIA, S.C. (AP) — South Carolina’s well-respected transportation leader Christy Hall is retiring after spending the past decade overseeing billions of dollars in highway spending after the state raised its gas tax to fix its roads. Hall’s retirement announcement as …

JACKSON, Miss. (AP) — Law enforcement agencies are investigating whether social media rumors about a potential water outage prompted people to quickly fill bathtubs with tap water in Mississippi’s capital during a cold snap and cause a drop in pressure …

Storm Isha is causing travel disruption and power blackouts across northern Europe, as it brought hurricane-force winds to the UK and other parts of the region. The Met Office issued a yellow weather warning across the UK on Monday, although …

A landslide of contaminated soil that threatens to pollute a water stream in Denmark has prompted the nation’s government to consider tightening environmental and corporate laws. Danish authorities have enlisted 100 workers and 80 trucks to avoid “a potential environmental …

Prime Minister Justin Trudeau’s government is holding a summit next month to coordinate a national response to a massive spike in auto thefts across Canada in recent years. Toronto, Canada’s largest city, has borne the brunt of the crime wave, …

Two Australian resource-rich regions are bracing for potentially damaging storms that could lead to flooding, the latest threats after months of extreme weather events. A tropical low developing in the Coral Sea off Queensland state is likely to become a …

Nearly 75% of the U.S. could experience damaging earthquake shaking, a recent U.S. Geological Survey report shows. A USGS-led team of more than 50 scientists and engineers in the latest USGS National Seismic Hazard Model created a color-coded map that …

Anyone who has lived through a natural disaster and then applied to the federal government for assistance knows that it can be a lengthy, frustrating and bureaucratic process. New rules announced Friday by the federal agency in charge of emergency …

For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year. The calculus around natural disasters such as hurricanes and cyclones fed record gains at funds managed by firms including Tenax Capital, …