Mon, 28 May 2018 05:00:13 +0000
The U.S. property/casualty insurance industry saw its combined ratio improve by nearly five points in the 2018 first quarter and net underwriting income grow at a healthy clip, A.M. Best said in a special report. A combined ratio of 94.8 …
Fri, 25 May 2018 15:54:53 +0000
Meet Alberto, the first named storm of 2018. The sub-tropical storm off Mexico’s Yucatan Peninsula is expected to bring heavy rain to western Cuba and much of Florida early next week, the National Hurricane Center in Miami said Friday. Alberto …
Fri, 25 May 2018 15:47:57 +0000
The Illinois House has sent the governor a measure legalizing industrial hemp. The House voted 106-3 this week to allow hemp cultivation for commercial use. Hemp is a form of the cannabis plant distinct from marijuana. It does not produce …
Fri, 25 May 2018 15:46:19 +0000
The Oklahoma Corporation Commission’s Oil and Gas Division is directing some injection wells in north-central Oklahoma reduce injection volumes and others to stop operations. The directive issued Wednesday comes after the U.S. Geological Survey recentl...
Fri, 25 May 2018 15:34:00 +0000
Michigan drivers would have to allow 3 feet of clearance or a “safe passing distance” while going by a bike on the road as part of a legislative compromise that could reach the governor soon. The Senate voted 36-1 this …
Fri, 25 May 2018 15:31:18 +0000
An African-American offshore oil worker has filed a federal lawsuit saying he was intimidated on the job by a supervisor who drew a picture of him dangling from a high rig structure while surrounded by co-workers in Ku Klux Klan …
Fri, 25 May 2018 15:28:52 +0000
Authorities say a Ohio homeowner trying to kill troublesome weeds with a torch has burned down his garage. The Springfield News-Sun reported Springfield Township firefighters in central Ohio were called to a home around 4 a.m. Thursday for a detached …
Fri, 25 May 2018 15:15:07 +0000
Virginia Gov. Ralph Northam has vetoed a handful of GOP-backed bills related to health care. Northam vetoed a bill that would have allowed all groups like the Virginia Chamber of Commerce to pool their members together in a group to …
Fri, 25 May 2018 15:12:50 +0000
California-based life insurance agents, Samuel Tadlock III, 32, of Eastvale, Marlene Ramirez, 42, of Murrieta, Daniel Herrarte, 34, of Sylmar, and Jorge Lopez Jr., 38, of San Fernando, were arrested this week on multiple felony counts of identity theft...
Fri, 25 May 2018 14:59:38 +0000
The city of Springfield, Ore. has agreed to pay $75,000 to settle a 2014 lawsuit by a dispatcher who said she was wrongly fired after accusing officers of inappropriate conduct. The Register-Guard reported that a joint statement from the city …
Fri, 25 May 2018 14:56:46 +0000
The Central Pacific could see anywhere from three to six hurricanes over the next six months, forecasters predicted Wednesday. That would be an increase over the two named storms last year. Storm activity is likely to be normal or a …
Fri, 25 May 2018 13:58:29 +0000
The former chief financial officer of a New Jersey orthopedic care provider is headed to prison for stealing more than $1 million from the company for his personal use. Harry Wolfmuller received a two-year sentence Wednesday and must pay $1,175,720 …
Fri, 25 May 2018 13:54:52 +0000
The flight crew on the Southwest Airlines jet that was forced to make an emergency landing in Philadelphia after an engine exploded described the harrowing experience in their first joint interview on Wednesday. Capt. Tammie Jo Shults called her first …
Fri, 25 May 2018 13:17:07 +0000
As Europe’s new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them. Austrian Max Schrems filed complaints against Google , …
Fri, 25 May 2018 13:10:08 +0000
New European privacy regulations went into effect on Friday that will force companies to be more attentive to how they handle customer data. The ramifications were visible from day one, with major U.S.-media outlets including the LA Times and Chicago …
Fri, 25 May 2018 12:57:25 +0000
Three-quarters of Japanese companies have made no changes to sexual harassment policies over the last year and don’t plan to do so, a Reuters poll found, though awareness of harassment is on the rise. The survey results come after a …
Fri, 25 May 2018 12:15:02 +0000
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance partne...
Fri, 25 May 2018 05:00:49 +0000
National Wine Day is a thing. And it’s today. Oenophiles probably know that May 25 is Wine Day, but the annual celebration of fermented grapes might be news to those who only like, but don’t necessarily love, all things wine. …
Fri, 25 May 2018 05:00:38 +0000
From tech giant Facebook Inc. to libraries and schools, organizations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over their personal information. It’s occupied ...
Fri, 25 May 2018 05:00:28 +0000
The U.S. Chemical Safety Board on Thursday urged chemical plants to weigh the risks of natural disasters just as they would the integrity of pipes and production equipment. “Such facilities should perform an analysis to determine their susceptibility t...
Fri, 25 May 2018 05:00:18 +0000
Johnson & Johnson was ordered by a California jury to pay $4 million in punitive damages to a 68-year-old woman who claimed her deadly cancer was caused by asbestos in the company’s baby powder. The jury awarded $21.7 million in …
Fri, 25 May 2018 05:00:13 +0000
On the heels of the costliest hurricane year on record, the Atlantic is expected to produce five to nine of the mighty storms during the six-month season that starts June 1, the National Oceanic and Atmospheric Administration said. A total …
Fri, 25 May 2018 05:00:05 +0000
Uber had disabled an emergency braking system in a self-driving vehicle that struck and killed a woman in Arizona in March even though the car had identified the need to apply the brakes, the National Transportation Safety Board said in …
Fri, 25 May 2018 04:54:24 +0000
QBE North America is continuing its inland marine product expansion with the launch of The Solution for Builder’s Risk, a comprehensive policy offering with coverages tailored for construction projects. Features of this new product include capacity up ...
Fri, 25 May 2018 04:37:26 +0000
The Florida fund that helps private insurers pay out claims after a hurricane remains in good shape heading into a storm season. Despite losses from Hurricane Irma, estimates show the Florida Hurricane Catastrophe Fund will have $17.3 billion available...
Fri, 25 May 2018 04:21:20 +0000
A Georgia jury has awarded an eye-popping $1 billion verdict against a security company after an apartment complex guard was convicted of raping a 14-year-old girl. Hope Cheston was outside by some picnic tables with her boyfriend during a party …
Fri, 25 May 2018 04:18:30 +0000
JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Alain Bizet as senior vice president in Miami. Alain will join the property treaty team in Miami and focus on the broking efforts …
Fri, 25 May 2018 01:38:39 +0000
United Airlines has reached a “resolution” with the owners of a small French bulldog puppy that died during a flight after a cabin attendant ordered it stowed in an overhead bin in March, the carrier said on Thursday. “We are …
Fri, 25 May 2018 01:19:15 +0000
After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co. Ltd should pay $539 million to Apple Inc. for copying patented smartphone features, according to court documents, bringing a years-long feud between the techn...
Thu, 24 May 2018 23:34:29 +0000
Costs from climate change-driven extreme weather events are on the rise, and the amount of time left to stop those impacts before they get progressively worse is rapidly closing, according to a Columbia University professor speaking on Tuesday during a …