Insurance

Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, Horace Agency Ltd. Led by industry veteran Chris Charlton, Horace will focus exclusively on onshore and offshore energy insurance …

U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before making them public. Biden told science and …

Global companies that form alliances to help them to tackle climate change need clear “safe harbor” guidelines from governments to allay fears they could be tripped up by antitrust rules, legal experts said. Hundreds of companies have banded together into …

OKLAHOMA CITY (AP) – While residents across parts of the South and Midwest pummeled by deadly storms and wildfires sifted through the wreckage of their homes Monday, forecasters warned of more severe weather and fire danger in the days ahead …

Indiana Department of Insurance Commissioner Amy L. Beard issued a bulletin directing insurance companies to implement a 60-day cancellation moratorium for any policyholder directly affected by the recent weather events in Allen, Benton, Cass, Clinton, Howard, Johnson, Morgan, Owen, Sullivan, …

Arthur J. Gallagher & Co. announced the acquisition of La Vista, Nebraska-based Quality First Insurance, LLC. Terms of the transaction were not disclosed. Quality First Insurance is an insurance agency serving health care and senior living facilities in Nebraska and …

Cowbell, the Pleasanton, Calif.-based provider of cyber insurance for small-and-medium-sized enterprises (SMEs), has launched its UK operations and appointed cyber insurance expert Simon Hughes as general manager for Cowbell UK. Hughes joins Cowbell with a blend of experience across the …

California Insurance Commissioner Ricardo Lara has made two appointments to the California Insurance Guarantee Association Board of Governors. Both join the CIGA board in a member insurer seat with terms ending on December 31. Heather Pierce is assistant vice president …

Construction can proceed related to a major oil project on Alaska’s petroleum-rich North Slope after a federal judge on Monday rejected requests to halt work until challenges to the Biden administration’s recent approval are resolved. The decision means ConocoPhillips Alaska …

Applied Underwriters Introduces Applied Home National Underwriters Applied Underwriters said it has created Applied Home National Underwriters (“Home National”) to consolidate the company’s presence in select homeowners markets and expand the number and scope of its diversified homeowners programs. Newly …