April 18, 2019

Thu, 18 Apr 2019 22:48:23 +0000
If you’re among those who regard “Environmental, social and governance” as just another in a long line of trendy buzz-phrases, then you may have to rethink your thinking. ESG standards, which companies use to highlight operations that interest socially...
Thu, 18 Apr 2019 18:05:04 +0000
Island Insurance Company Ltd. in Hawaii has named Michael Tanoue vice president and general counsel. In this Tanoue is responsible for strategic initiatives, policy management, legal strategy, compliance and regulatory filings. He has nearly 35 years o...
Thu, 18 Apr 2019 16:19:43 +0000
A bill intended to protect patients from a harmful insurance practice known as ‘step therapy’ has been signed into law by Governor Kevin Stitt. Senate Bill 509, authored by Rep. Cyndi Munson (D-OKC) and Sen. Dave Rader (R-Tulsa), requires any …
Thu, 18 Apr 2019 16:18:19 +0000
Gov. Kevin Stitt today signed a bill into law that will increase the speed limit on Oklahoma turnpikes from 75 to 80 miles per hour and on certain state highways from 70 to 75 miles per hour. Rep. Daniel Pae, …
Thu, 18 Apr 2019 16:16:42 +0000
The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators Wednesday during a hearing held in Iowa to examine the massive spring flooding this year that caused more than $3 billion in damage …
Thu, 18 Apr 2019 16:13:14 +0000
The mother of a New Jersey man who died of a rare “brain-eating amoeba” after visiting a Texas surf resort has filed a wrongful death lawsuit against the water park. Health officials say testing found evidence of the rare but …
Thu, 18 Apr 2019 16:11:04 +0000
The American Society of Safety Professionals (ASSP), based in Park Ridge, Illinois, has named Chris Ballman director of professional development. Ballman will oversee the Society’s comprehensive educational offerings that advance the careers of occupat...
Thu, 18 Apr 2019 16:08:57 +0000
Daimler AG and BMW AG’s joint car-sharing and mobility business has suspended service in Chicago after a fraud incident. Some vehicles may have been rented using deceptive means through Share Now’s mobile app, according to the Chicago Police Department...
Thu, 18 Apr 2019 14:15:07 +0000
The Archdiocese of Los Angeles has agreed to pay $8 million to a teenager who was sexually abused by the athletic director at her Catholic high school who had continued to work despite prior allegations of misconduct, it was announced …
Thu, 18 Apr 2019 13:14:30 +0000
Bill Cosby’s insurance company has settled another lawsuit filed by a female accuser a week before the imprisoned comedian was set to give a deposition in the case, prompting Cosby to call the insurer “complicit” in a scheme to destroy …
Thu, 18 Apr 2019 13:03:03 +0000
A board of pilot experts appointed by U.S. aviation regulators has reviewed Boeing Co.’s proposed software fix for the grounded 737 Max aircraft and concluded that pilots won’t need additional simulator training once the plane is returned to service. T...
Thu, 18 Apr 2019 12:31:10 +0000
Lyft Inc. was sued by investors who claim the ride-sharing company overstated its market position when it went public last month, leading to a dramatic plunge in its stock price. Two separate class-action complaints against Lyft, as well as its …
Thu, 18 Apr 2019 12:25:21 +0000
The operator of the tsunami-wrecked Fukushima nuclear plant began removing fuel Monday [April 15] from a cooling pool at one of three reactors that melted down in the 2011 disaster, a milestone in what will be a decades-long process to …
Thu, 18 Apr 2019 12:23:48 +0000
For four days in February, Ben Shukman showed up to his office at Phantom Auto in Mountain View, California, sat down in front of a bank of computer screens with a steering wheel in a darkened room, and began driving. …
Thu, 18 Apr 2019 11:29:31 +0000
Munich Re Syndicate Singapore (MRSS) has formed a partnership with Nectar Specialty Risk Pte Ltd. (Nectar), a Singapore incorporated limited liability company and Lloyd’s coverholder that provides tailor-made re/insurance solutions. Nectar’s profession...
Thu, 18 Apr 2019 10:53:16 +0000
Two New York state contractors were arrested on charges they filed fraudulent applications for a roofing project in Amsterdam, N.Y., as part of a workers’ compensation fraud scheme. Jose A. Sanchez, owner of Sanchez Partners Construction, was charged w...
Thu, 18 Apr 2019 10:12:25 +0000
Vermont state and local officials are assessing damage from flooding caused by heavy rains and snowmelt that led to road closures, some evacuations and a rescue from a flooded parking lot. Some roads remained closed Tuesday, but most of the …
Thu, 18 Apr 2019 10:02:37 +0000
Some Connecticut condominium associations with crumbling foundations can seek financial help from the captive insurance company that’s been helping owners of stand-alone homes. Michael Maglaras, superintendent of the Connecticut Foundation Solutions In...
Thu, 18 Apr 2019 09:57:11 +0000
A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig. More than a dozen governments and companies have or are planning to …
Thu, 18 Apr 2019 09:26:19 +0000
Canopius AG announced it has signed a definitive sale and purchase agreement to purchase AmTrust at Lloyd’s, a division of AmTrust Financial, subject to regulatory approval. Upon completion, which is expected in Q3 2019, the deal will result in the …
Thu, 18 Apr 2019 08:17:36 +0000
Everest Insurance Ireland, dac (EIID), a part of the Everest Insurance international platform, has opened a branch office in the United Kingdom. EIID was established in 2017 and is led by CEO Linda Ryan, who manages the strategy and operational …
Thu, 18 Apr 2019 05:19:22 +0000
AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a+” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Alfa Insurance Group. In addition, AM Best has downgraded the Long-Term …
Thu, 18 Apr 2019 05:08:34 +0000
Officials with scenic Natchez Trace Parkway are reminding motorists that the roadway is designed for leisurely drives and not interstate-style speeds. Chief Ranger Sarah Davis says in a news release that actions are being taken to decrease accidents on...
Thu, 18 Apr 2019 05:00:51 +0000
Authorities in several states are warning about an alleged scam in which people visit senior-living communities and low-income neighborhoods, offering to perform DNA tests and collecting information from people in government health programs. The allege...
Thu, 18 Apr 2019 05:00:43 +0000
With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group including 30 central banks called for measures to spur green finance and better assessment of the risks from higher global temperatures. The move led …
Thu, 18 Apr 2019 05:00:20 +0000
Facebook Inc. will seek to block disclosures from years’ worth of privacy reports it submitted to the U.S. Federal Trade Commission, according to filings in a lawsuit seeking the release of information in the documents. Facebook plans to intervene in …
Thu, 18 Apr 2019 04:53:04 +0000
SUNZ Holdings, LLC, based in Bradenton, Fla., has appointed John Sells to the position of chief information officer. Sells will be in charge of IT initiatives and enterprise systems with a focus on digital transformation and deep usage of data …
Thu, 18 Apr 2019 04:24:54 +0000
A bill the Florida insurance industry says will help reign in assignment of benefits abuse that is plaguing the state and raising insurance costs has passed its final committee in the Florida Senate and is now headed to the full …
Thu, 18 Apr 2019 01:49:28 +0000
Some 90 percent of the priceless relics and art works housed within the Notre-Dame de Paris cathedral were saved from Monday’s devastating fire as contingency plans to evacuate the treasures worked, a leading insurance adjuster said on Wednesday. Insur...
Wed, 17 Apr 2019 20:13:46 +0000
PCF Insurance Services has completed the acquisition of Grosslight Insurance Inc., headquartered in the Westwood neighborhood of Los Angeles, Calif. Terms of the deal were not disclosed. Grosslight Insurance, with offices in Westwood and Rancho Cucamon...

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