Mon, 20 May 2019 08:00:27 +0000
Thailand, one of Asia’s top pork producers, is intensifying efforts to hold off a lethal pig virus that’s causing havoc as it spreads across the region. African swine fever — a disease that kills nearly all the pigs it infects …
Mon, 20 May 2019 07:45:00 +0000
As the cost of the Brexit turmoil mounts for British companies, business leaders are fed up with the U.K.’s political class. And with Prime Minister Theresa May’s tenure coming to an end, they worry about the alternatives. “The anger is …
Mon, 20 May 2019 05:00:29 +0000
Retired NFL players seeking testing as part of a $1 billion concussion settlement must see a doctor close to home to prevent fraud and “doctor shopping,” the federal judge overseeing the case ruled. Lawyers for thousands of ex-players complain their …
Mon, 20 May 2019 05:00:28 +0000
Casino giant MGM Resorts told federal regulators last Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. “The company believes it …
Mon, 20 May 2019 05:00:01 +0000
The social media giant Facebook Inc. is headed toward an agreement with the U.S. government over its privacy policies and practices that would put it under 20 years of oversight, according to a source knowledgeable about the discussions. The agreement …
Mon, 20 May 2019 04:00:51 +0000
Florida will become one of the last states to make texting while driving a primary traffic offense under a bill signed by Republican Gov. Ron DeSantis on Friday. The new law will also ban the use of any handheld wireless …
Mon, 20 May 2019 04:00:27 +0000
A Mississippi jury has awarded a total of more than $3 million to five African American strippers after a federal judge found the women worked under worse conditions than their white colleagues. U.S. District Judge Henry T. Wingate ruled in …
Fri, 17 May 2019 20:06:45 +0000
The Austin Association of Insurance Professionals held their 2019 installation dinner on Tuesday at Balcones Country Club in Austin, Texas. The 2019/20 officers and directors for AAIP were installed. In addition, the AAIP past presidents in attendance ...
Fri, 17 May 2019 20:02:53 +0000
Louisiana’s medical marijuana patients would be able to inhale cannabis, if senators agree to a proposal that won overwhelming support from lawmakers in the House. Rep. Ted James, a Baton Rouge Democrat, says his bill shouldn’t be seen as an …
Fri, 17 May 2019 19:59:24 +0000
The Frederick H. DiMeo Insurance Agency Inc. has purchased the personal lines division of Oakland, Calif.-based Ozwald and Speaker Insurance Services Inc. The acquisition includes the purchase of six books of business, adding a reported $1.2 million of...
Fri, 17 May 2019 14:49:07 +0000
The Ohio State Highway Patrol has begun a campaign urging Ohio motorists to wear their safety belts. The patrol says troopers will be encouraging drivers to “buckle up” to save lives. A statement released by the patrol this week says …
Fri, 17 May 2019 14:47:46 +0000
A city in Wyoming has settled a lawsuit over a fatal shooting by two police officers. Attorneys for the estate of John Randall Veach said Tuesday they settled the lawsuit for $925,000 in damages. Rawlins Police Sgt. Jared Frakes and …
Fri, 17 May 2019 14:45:18 +0000
A Greyhound driver who authorities say fell asleep before the bus careened off a road in the Utah desert two years ago was tired, sick and should never have been behind the wheel, according to a new lawsuit over the …
Fri, 17 May 2019 14:42:10 +0000
London’s marine insurance market has extended the list of waters deemed high risk to include Oman, the United Arab Emirates and the Gulf after ship attacks off Fujairah, officials said on Friday, in a move that could push up premiums. …
Fri, 17 May 2019 14:29:50 +0000
Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to a Norwegian insurers’ report seen by Reuters. The UAE,...
Fri, 17 May 2019 14:26:03 +0000
California’s senate blocked a bill on Thursday that would have expanded the ability of consumers to sue companies over their handling of personal data, a win for tech industry groups concerned about wide-ranging privacy lawsuits. Under California’s dat...
Fri, 17 May 2019 13:45:18 +0000
AXA XL has promoted Marc Bertha as team lead for the U.S. Eastern Region Multinational Casualty group. Based in New York, Bertha will be leading the region’s underwriting team whose overall mission is to partner with new and existing clients …
Fri, 17 May 2019 13:41:44 +0000
Work has been completed on the first Connecticut home with a crumbling foundation, using funds from a captive insurance company created by the General Assembly in 2017. It took about six weeks to replace Kevin and Aisling McCloskey’s basement in …
Fri, 17 May 2019 13:31:58 +0000
More than a week after a cyberattack hobbled Baltimore’s computer network, city officials said Wednesday they can’t predict when its overall system will be up and running and continued to give only the broadest outlines of the problem. Baltimore’s gove...
Fri, 17 May 2019 13:27:15 +0000
Prosecutors say the limousine company operator charged in connection with an upstate New York crash that killed 20 people was aware of prior passenger complaints about the ill-fated vehicle and had even refunded fares. In a document filed last week …
Fri, 17 May 2019 12:46:23 +0000
Sompo Global Risk Solutions (GRS) has formed a new team offering insurance to clients in the life sciences industry. The GRS Life Sciences team is led by Todd Lauer who has joined Sompo GRS as senior vice president. Lauer brings …
Fri, 17 May 2019 12:34:37 +0000
U.S. senators warned allies that Chinese telecommunications companies such as Huawei Technologies Co. can’t meet security standards for advanced networks due in part to Chinese law that demands cooperation with security agencies. “There is no way in he...
Fri, 17 May 2019 11:34:24 +0000
Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 …
Fri, 17 May 2019 10:23:14 +0000
Aon plc announced organizational changes within its Global Reinsurance Clients team, which supports 25 of the largest global insurers. Part of Aon’s Reinsurance Solutions business, the team was launched in 2014 to ensure that the firm consistently deli...
Fri, 17 May 2019 09:33:14 +0000
The world’s first all-electric vertical takeoff and landing passenger jet has been unveiled after completing its first flight. German startup Lilium aims to have a fleet of the five-seat aircraft — which can operate with a pilot or in drone …
Fri, 17 May 2019 08:04:31 +0000
AM Besthas revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Bermuda-based Third Point Reinsurance Co. Ltd. (TPRE) and Third Poin...
Fri, 17 May 2019 07:30:48 +0000
Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on Thursday. “So as far as the stringency …
Fri, 17 May 2019 07:25:35 +0000
Europe’s biggest insurers are on the hook for as much as $450 million from a pair of airline crashes involving Boeing Co. 737 Max planes. Munich Re reckons it could pay 150 million euros ($168 million), an estimate that Chief …
Fri, 17 May 2019 07:14:14 +0000
Georgia Governor Brian Kemp has suspended Insurance Commissioner Jim Beck from his position while he faces a 38-count indictment from a federal grand jury. On May 16, Kemp issued an executive order suspending Beck, effective immediately. The order came...
Fri, 17 May 2019 05:39:47 +0000
Higginbotham has forged an agreement with with Willis Towers Watson, under which Fort Worth-based Higginbotham will acquire an Oklahoma City group of insurance professionals led by broker Richard Ross who formerly were with Willis Tower Watson. The tra...