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News from Chubb, Corvus Insurance, Prime Insurance Company and more. (Photo: Shutterstock)

Chubb Charitable Foundation established the Chubb Robert M. Hernandez Scholarship for undergraduates studying risk management and insurance at Georgia State University‘s Robinson College of Business. As part of Chubb’s overall commitment to promoting racial equity, this scholarship will provide financial support and advancement opportunities for diverse students. Scholarships will be awarded to two to five students annually for three years, beginning in the fall 2021 academic year. Recipients also will be considered by Chubb for employment opportunities, where applicable.

Cyber insurance and security company Coalition has raised $175 million, which will be deployed to accelerate growth, develop digital infrastructure, expand internationally and launch product lines. This investment follows long-term capacity commitments from Swiss Re and Arch Insurance.

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