A homeowner’s insurer was right to deny a grandmother coverage for a claim against her grandson because he did not qualify as a member of her household. The Massachusetts Appeals Court agreed with Arbella Mutual […]
American International Group (AIG) announced a strategic partnership with global private markets firm CVC. The partnership, announced Jan. 19, includes the establishment of large-scale separately managed accounts (SMAs) across CVC’s credit strategies, for which AIG […]
Zurich Insurance Group AG has gone public with a £7.67 billion ($10.3 billion) bid to buy Beazley Plc, increasing pressure on the UK-listed company it’s been wooing for more than 12 months. The Swiss insurer […]
Demand is booming for batteries that are faster, thinner and cheaper. We want electric cars and bikes that travel further, devices that last longer, charge quicker and cost less. Today, lithium-ion batteries (LIBs) set the […]
For as long as humans have buried their dead, they’ve dreamed of keeping them close. The ancient Fayum portraits—those stunningly lifelike images wrapped in Egyptian mummies—captured faces meant to remain present even after life had […]
Germany on Monday reintroduced electric car subsidies as it seeks to accelerate the transition to less polluting vehicles, drawing praise from industry groups but criticism from environmentalists who demanded greater efforts.This post was originally published […]
Researchers at UNSW have developed a new type of motor that spins, not with rigid components, but with a droplet of liquid metal. The breakthrough could transform soft robotics, flexible electronics, and medical devices.This post […]
Toscafund Asset Management and other minority shareholders of Caravela Seguros are exploring a sale of the Portuguese insurer, according to people familiar with the matter. London-based Toscafund, which owns a 48% stake in Caravela, has […]
Just as European companies were getting used to last year’s hard-won U.S. trade tariff deals, President Donald Trump has put them back in his crosshairs with an explosive threat to place levies on nations that […]
Chilean President Gabriel Boric declared a state of catastrophe in two southern regions of the country where raging wildfires have killed at least 15 people and forced tens of thousands to evacuate. Ante los graves […]
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