Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect the cloud along with a surge in artificial intelligence, global venture capital firm YL Ventures said on Tuesday. Cybersecurity has …
Israel Cyber Firms Raise $4 Billion in 2024 on Surge of Cloud, AI Security Needs Read More »
Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea has been found to have serious deficiencies and will not be allowed to operate until repairs have been made. Baltic …
Oil Tanker Linked to Subsea Cable Damage Has Serious Deficiencies, Finland Says Read More »
Energy startups have overtaken the makers of electric cars and batteries as the top global climate tech investment for the first time since 2020. They’ve done so as the growing demand for artificial intelligence has driven interest in technologies that …
Artificial Intelligence Energy Demand Is Driving Climate Tech Investing Read More »
In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024, and predicted an active year in 2025 with brokerage and MGA deals leading the way. According to PwC’s U.S. Insurance …
US Insurance Deals Outlook: More, More, More Read More »
Local law enforcement officials in Fort Lauderdale are investigating the deaths of two individuals found in the landing gear compartment of a JetBlue Airways Corp. plane after it arrived at the Florida airport on Monday. A representative for the Broward …
JetBlue Stowaway Deaths Probed After Florida Flight From New York Read More »
Mercury Insurance announced this week that the company will begin writing new homeowners insurance policies in the town of Paradise, California. Mercury says it is the first major insurance company to begin offering policies to Paradise homeowners since the town …
Mercury to Return to Paradise California as Rebuilding Efforts Gain Momentum Read More »
The board of directors of the California Workers’ Compensation Institute named the institute’s chief operating officer, Gideon L. Baum, as its next president. Baum will succeed Alex Swedlow when Swedlow retires next summer. Swedlow announced in November he planed to …
People Moves: Baum to Succeed Swedlow as President of CWCI Read More »
An affiliate of the Major League Baseball Players Association withdrew its lawsuit against the parent company of the Pittsburgh Pirates and the convenience store chain Sheetz Inc. that alleged unlicensed use of players’ names and images on social media. MLB …
MLB Players Affiliate Withdraws Image Lawsuit Against Pirates’ Parent Company Read More »
Independent insurance agency network Renaissance reports it has has acquired the agency network business of Consolidated Insurance Agents Inc. (CIA), an agency network based in Buffalo, New York. Renaissance said CIA’s 23 members collectively represent $47 million in premium and …
Agency Network Renaissance Acquires Consolidated Insurance Agents in Buffalo Read More »
This post is part of a series sponsored by AgentSync. Another year has come and gone. How’d your organization fare over the last 365 days? In many ways, 2024 was a difficult year for the insurance industry. Between the thousands …
How Will Your Insurance Organization Handle These 2025 Predictions? Read More »
