Monday, October 15, 2018

Georgia Working to Restore Power to Thousands After Hurricane Michael

Power outages caused by Hurricane Michael are likely to linger into early this week for some of the hardest hit communities in southwest Georgia. More than 188,000 homes and businesses still didn’t have power Friday. Crews and property owners worked …


Georgia Working to Restore Power to Thousands After Hurricane Michael
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Description: Power outages caused by Hurricane Michael are likely to linger into early this week for some of the hardest hit communities in southwest Georgia. More than 188,000 homes and businesses still didn’t have power Friday. Crews and property owners worked …
Full content: Power outages caused by Hurricane Michael are likely to linger into early this week for some of the hardest hit communities in southwest Georgia. More than 188,000 homes and businesses still didn’t have power Friday. Crews and property owners worked …
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Category: Southeast News
Date: Mon, 15 Oct 2018 16:59:19 +0000
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Monday, October 15, 2018

California Insurance Commissioner OKs Workers’ Comp Rating Bureau Filing

California Insurance Commissioner Dave Jones has approved a filing from the Workers’ Compensation Insurance Rating Bureau’s that makes amendments to uniform statistical reporting and experience rating. The WCIRB submitted a regulatory filing and ensuing amendments to the filing in Aug. …


California Insurance Commissioner OKs Workers’ Comp Rating Bureau Filing
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Description: California Insurance Commissioner Dave Jones has approved a filing from the Workers’ Compensation Insurance Rating Bureau’s that makes amendments to uniform statistical reporting and experience rating. The WCIRB submitted a regulatory filing and ensuing amendments to the filing in Aug. …
Full content: California Insurance Commissioner Dave Jones has approved a filing from the Workers’ Compensation Insurance Rating Bureau’s that makes amendments to uniform statistical reporting and experience rating. The WCIRB submitted a regulatory filing and ensuing amendments to the filing in Aug. …
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Category: West News
Date: Mon, 15 Oct 2018 16:54:27 +0000
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Monday, October 15, 2018

Missouri School District Settles Age Discrimination Lawsuit for $116.4K

The Springfield, Missouri, school district has reached a settlement with a longtime secretary who claimed in a lawsuit that the district tried to fire her because of her age. The Springfield News-Leader reports the district agreed to pay Lynn Neff …


Missouri School District Settles Age Discrimination Lawsuit for $116.4K
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Description: The Springfield, Missouri, school district has reached a settlement with a longtime secretary who claimed in a lawsuit that the district tried to fire her because of her age. The Springfield News-Leader reports the district agreed to pay Lynn Neff …
Full content: The Springfield, Missouri, school district has reached a settlement with a longtime secretary who claimed in a lawsuit that the district tried to fire her because of her age. The Springfield News-Leader reports the district agreed to pay Lynn Neff …
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Category: Midwest News
Date: Mon, 15 Oct 2018 16:50:48 +0000
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Monday, October 15, 2018

Binion Joins RPS in Dallas

Desirée Binion has joined managing general agent and wholesale insurance broker, RPS, in the company’s Dallas office as an underwriter/broker. Binion will report to Rhonda Fomby, RPS area vice president and branch manager. Binion was previously with Markel Mid South …


Binion Joins RPS in Dallas
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Description: Desirée Binion has joined managing general agent and wholesale insurance broker, RPS, in the company’s Dallas office as an underwriter/broker. Binion will report to Rhonda Fomby, RPS area vice president and branch manager. Binion was previously with Markel Mid South …
Full content: Desirée Binion has joined managing general agent and wholesale insurance broker, RPS, in the company’s Dallas office as an underwriter/broker. Binion will report to Rhonda Fomby, RPS area vice president and branch manager. Binion was previously with Markel Mid South …
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Category: Texas / South Central News
Date: Mon, 15 Oct 2018 16:43:43 +0000
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Monday, October 15, 2018

Federal Report Criticizes Tactics Used in Fatal Texas Shopping Mall Blaze

A report by a federal agency says some of the tactics used by the San Antonio fire department to battle a shopping center blaze last year that killed one firefighter made conditions worse inside the structure. The San Antonio Express-News …


Federal Report Criticizes Tactics Used in Fatal Texas Shopping Mall Blaze
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Description: A report by a federal agency says some of the tactics used by the San Antonio fire department to battle a shopping center blaze last year that killed one firefighter made conditions worse inside the structure. The San Antonio Express-News …
Full content: A report by a federal agency says some of the tactics used by the San Antonio fire department to battle a shopping center blaze last year that killed one firefighter made conditions worse inside the structure. The San Antonio Express-News …
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Category: Texas / South Central News
Date: Mon, 15 Oct 2018 16:35:34 +0000
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Monday, October 15, 2018

Study: Houston Needs $2B More in Federal Funds to Fix Harvey Housing Damage

An estimated 130,000 Houstonians affected by Harvey were overlooked in the city’s original housing needs assessment, according to the Houston Housing and Community Development Department. To fix the previously neglected damage, the city needs an extra $2 billion in federal …


Study: Houston Needs $2B More in Federal Funds to Fix Harvey Housing Damage
Author: Kathryn Lundstrom, The Texas Tribune
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Description: An estimated 130,000 Houstonians affected by Harvey were overlooked in the city’s original housing needs assessment, according to the Houston Housing and Community Development Department. To fix the previously neglected damage, the city needs an extra $2 billion in federal …
Full content: An estimated 130,000 Houstonians affected by Harvey were overlooked in the city’s original housing needs assessment, according to the Houston Housing and Community Development Department. To fix the previously neglected damage, the city needs an extra $2 billion in federal …
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Category: Texas / South Central News
Date: Mon, 15 Oct 2018 16:33:42 +0000
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Monday, October 15, 2018

Jackson Appointed Chief Innovation Officer at Apex Benefits

Apex Benefits, headquartered in Indianapolis, has named Stan Jackson as chief innovation officer. In this newly created role, Jackson will be responsible for leading the development of products, services and capabilities necessary for Apex to continue growing its long-term innovation …


Jackson Appointed Chief Innovation Officer at Apex Benefits
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Description: Apex Benefits, headquartered in Indianapolis, has named Stan Jackson as chief innovation officer. In this newly created role, Jackson will be responsible for leading the development of products, services and capabilities necessary for Apex to continue growing its long-term innovation …
Full content: Apex Benefits, headquartered in Indianapolis, has named Stan Jackson as chief innovation officer. In this newly created role, Jackson will be responsible for leading the development of products, services and capabilities necessary for Apex to continue growing its long-term innovation …
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Category: Midwest News
Date: Mon, 15 Oct 2018 16:28:14 +0000
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Monday, October 15, 2018

American Financial Group to Acquire ABA Insurance Services

American Financial Group Inc., based in Cincinnati, Ohio, is acquiring ABA Insurance Services Inc. (ABAIS) from American Bankers Mutual Insurance Ltd. (ABMI). Based in Shaker Heights, Ohio, ABAIS provides directors and officers (D&O) and other complementary insurance solutions for banks, …


American Financial Group to Acquire ABA Insurance Services
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Description: American Financial Group Inc., based in Cincinnati, Ohio, is acquiring ABA Insurance Services Inc. (ABAIS) from American Bankers Mutual Insurance Ltd. (ABMI). Based in Shaker Heights, Ohio, ABAIS provides directors and officers (D&O) and other complementary insurance solutions for banks, …
Full content: American Financial Group Inc., based in Cincinnati, Ohio, is acquiring ABA Insurance Services Inc. (ABAIS) from American Bankers Mutual Insurance Ltd. (ABMI). Based in Shaker Heights, Ohio, ABAIS provides directors and officers (D&O) and other complementary insurance solutions for banks, …
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Category: Midwest News
Date: Mon, 15 Oct 2018 16:20:46 +0000
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Monday, October 15, 2018

Marsh McLennan Acquisition of JLT Clears Key U.S. Antitrust Hurdle

The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered Marsh & McLennan Companies (MMC) and granted permission for the transaction …


Marsh McLennan Acquisition of JLT Clears Key U.S. Antitrust Hurdle
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Description: The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered Marsh & McLennan Companies (MMC) and granted permission for the transaction …
Full content: The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group (JLT) by New York-headquartered Marsh & McLennan Companies (MMC) and granted permission for the transaction …
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Category: National News
Date: Mon, 15 Oct 2018 16:17:41 +0000
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Monday, October 15, 2018

More Washington Troopers Filing Carbon Monoxide Claims

Two more Washington State Patrol troopers plan to sue the state over carbon monoxide poisoning, bringing the total number of troopers intending to sue to seven. KOIN-TV reported Trooper Chad Prentice of Vancouver and Trooper Beth Joswick of Tacoma are …


More Washington Troopers Filing Carbon Monoxide Claims
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Description: Two more Washington State Patrol troopers plan to sue the state over carbon monoxide poisoning, bringing the total number of troopers intending to sue to seven. KOIN-TV reported Trooper Chad Prentice of Vancouver and Trooper Beth Joswick of Tacoma are …
Full content: Two more Washington State Patrol troopers plan to sue the state over carbon monoxide poisoning, bringing the total number of troopers intending to sue to seven. KOIN-TV reported Trooper Chad Prentice of Vancouver and Trooper Beth Joswick of Tacoma are …
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Category: West News
Date: Mon, 15 Oct 2018 14:53:54 +0000
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Monday, October 15, 2018

Montana Homes in Fire-Prone Areas Hike Firefighting Costs, Report Shows

Rapid population growth and the desire to live near forests means new housing in western Montana is being built in wildfire-prone areas, increasing taxpayer-funded fire suppression liabilities and putting lives and property in danger, according to a new study. Half …


Montana Homes in Fire-Prone Areas Hike Firefighting Costs, Report Shows
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Description: Rapid population growth and the desire to live near forests means new housing in western Montana is being built in wildfire-prone areas, increasing taxpayer-funded fire suppression liabilities and putting lives and property in danger, according to a new study. Half …
Full content: Rapid population growth and the desire to live near forests means new housing in western Montana is being built in wildfire-prone areas, increasing taxpayer-funded fire suppression liabilities and putting lives and property in danger, according to a new study. Half …
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Category: West News
Date: Mon, 15 Oct 2018 14:49:38 +0000
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Monday, October 15, 2018

California Bracing for High Winds, Increased Wildfire Danger

Potentially powerful winds combined with dry weather are raising the threat of wildfires in California. State firefighters say they are preparing for potential extreme fire weather early in the week. The National Weather Service has issued warnings for increased fire …


California Bracing for High Winds, Increased Wildfire Danger
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Description: Potentially powerful winds combined with dry weather are raising the threat of wildfires in California. State firefighters say they are preparing for potential extreme fire weather early in the week. The National Weather Service has issued warnings for increased fire …
Full content: Potentially powerful winds combined with dry weather are raising the threat of wildfires in California. State firefighters say they are preparing for potential extreme fire weather early in the week. The National Weather Service has issued warnings for increased fire …
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Category: West News
Date: Mon, 15 Oct 2018 14:45:10 +0000
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Monday, October 15, 2018

Zurich North America Names Butt to Lead Casualty for Commercial Insurance

Valerie Butt has been named Head of Casualty for Zurich North America Commercial Insurance. Butt will lead the casualty business with responsibility for new and renewal business. Butt takes on the role that was vacated when Brandon Fick was named …


Zurich North America Names Butt to Lead Casualty for Commercial Insurance
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Description: Valerie Butt has been named Head of Casualty for Zurich North America Commercial Insurance. Butt will lead the casualty business with responsibility for new and renewal business. Butt takes on the role that was vacated when Brandon Fick was named …
Full content: Valerie Butt has been named Head of Casualty for Zurich North America Commercial Insurance. Butt will lead the casualty business with responsibility for new and renewal business. Butt takes on the role that was vacated when Brandon Fick was named …
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Category: National News
Date: Mon, 15 Oct 2018 14:24:16 +0000
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Monday, October 15, 2018

U.S. Moves to Permit Euro-Style, Low-Glare Headlights

The National Highway Traffic Safety Administration said it is moving to allow advanced headlights known as “adaptive driving beams” to be used in vehicles on U.S. roads that could help prevent nighttime crashes. The agency said it was acting in …


U.S. Moves to Permit Euro-Style, Low-Glare Headlights
Author: David Shepardson
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Description: The National Highway Traffic Safety Administration said it is moving to allow advanced headlights known as “adaptive driving beams” to be used in vehicles on U.S. roads that could help prevent nighttime crashes. The agency said it was acting in …
Full content: The National Highway Traffic Safety Administration said it is moving to allow advanced headlights known as “adaptive driving beams” to be used in vehicles on U.S. roads that could help prevent nighttime crashes. The agency said it was acting in …
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Category: National News
Date: Mon, 15 Oct 2018 13:48:30 +0000
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Monday, October 15, 2018

Opioid Overdoses in Maryland Increase in First Six Months of 2018

Statistics show the number of opioid-related overdoses in Maryland increased 14.8 percent over the first six months of 2018 compared with the same period last year. According to data released Friday by the Maryland Department of Health, opioid overdoses killed …


Opioid Overdoses in Maryland Increase in First Six Months of 2018
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Description: Statistics show the number of opioid-related overdoses in Maryland increased 14.8 percent over the first six months of 2018 compared with the same period last year. According to data released Friday by the Maryland Department of Health, opioid overdoses killed …
Full content: Statistics show the number of opioid-related overdoses in Maryland increased 14.8 percent over the first six months of 2018 compared with the same period last year. According to data released Friday by the Maryland Department of Health, opioid overdoses killed …
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Category: East News
Date: Mon, 15 Oct 2018 13:23:09 +0000
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Monday, October 15, 2018

New York Contractor Pleads Guilty to $800K Business Fraud Scheme

State officials say an Albany-area contractor has pleaded guilty to scamming hundreds of thousands of dollars out of minority-owned businesses and failing to pay dozens of his employees. Attorney General Barbara Underwood said Friday that 47-year-old Michael Martin, of Latham, …


New York Contractor Pleads Guilty to $800K Business Fraud Scheme
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Description: State officials say an Albany-area contractor has pleaded guilty to scamming hundreds of thousands of dollars out of minority-owned businesses and failing to pay dozens of his employees. Attorney General Barbara Underwood said Friday that 47-year-old Michael Martin, of Latham, …
Full content: State officials say an Albany-area contractor has pleaded guilty to scamming hundreds of thousands of dollars out of minority-owned businesses and failing to pay dozens of his employees. Attorney General Barbara Underwood said Friday that 47-year-old Michael Martin, of Latham, …
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Category: East News
Date: Mon, 15 Oct 2018 13:17:08 +0000
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Monday, October 15, 2018

Utility Crews Restoring Power Across Virginia After Michael

Utility crews will be working throughout the weekend to restore power to Virginia customers affected by Tropical Storm Michael. Dominion Energy said in an outage update Saturday morning that more than 6,000 personnel were working to get power back up …


Utility Crews Restoring Power Across Virginia After Michael
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Description: Utility crews will be working throughout the weekend to restore power to Virginia customers affected by Tropical Storm Michael. Dominion Energy said in an outage update Saturday morning that more than 6,000 personnel were working to get power back up …
Full content: Utility crews will be working throughout the weekend to restore power to Virginia customers affected by Tropical Storm Michael. Dominion Energy said in an outage update Saturday morning that more than 6,000 personnel were working to get power back up …
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Category: East News
Date: Mon, 15 Oct 2018 13:05:13 +0000
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Monday, October 15, 2018

Starr’s Ameruoso Joins JLT Re Construction Casualty Division, Facultative

JLT Fac, a division of reinsurance broker JLT Re North America, has appointed Joe Ameruoso as head of North America Construction Casualty, Facultative. Ameruoso joins from Starr Insurance Cos. where he was for more than six years, most recently as …


Starr’s Ameruoso Joins JLT Re Construction Casualty Division, Facultative
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Description: JLT Fac, a division of reinsurance broker JLT Re North America, has appointed Joe Ameruoso as head of North America Construction Casualty, Facultative. Ameruoso joins from Starr Insurance Cos. where he was for more than six years, most recently as …
Full content: JLT Fac, a division of reinsurance broker JLT Re North America, has appointed Joe Ameruoso as head of North America Construction Casualty, Facultative. Ameruoso joins from Starr Insurance Cos. where he was for more than six years, most recently as …
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Category: East News
Date: Mon, 15 Oct 2018 12:50:59 +0000
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Monday, October 15, 2018

Rescuers Continue to Search Florida Towns Demolished by Hurricane Michael

Dozens of people remained missing on Sunday in Florida Panhandle communities reduced to ruins by Hurricane Michael as rescuers said they expected the death toll to rise and survivors grappled with power outages and shortages of food and water. Already …


Rescuers Continue to Search Florida Towns Demolished by Hurricane Michael
Author: Rod Nickel
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Description: Dozens of people remained missing on Sunday in Florida Panhandle communities reduced to ruins by Hurricane Michael as rescuers said they expected the death toll to rise and survivors grappled with power outages and shortages of food and water. Already …
Full content: Dozens of people remained missing on Sunday in Florida Panhandle communities reduced to ruins by Hurricane Michael as rescuers said they expected the death toll to rise and survivors grappled with power outages and shortages of food and water. Already …
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Category: Southeast News
Date: Mon, 15 Oct 2018 12:44:30 +0000
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Monday, October 15, 2018

FBI, Global Regulators Investigating Facebook’s Largest-Ever Data Breach

Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its largest-ever data theft hit fewer than the …


FBI, Global Regulators Investigating Facebook’s Largest-Ever Data Breach
Author: Paresh Dave and Munsif Vengattil
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Description: Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its largest-ever data theft hit fewer than the …
Full content: Cyber attackers stole data from 29 million Facebook accounts using an automated program that moved from one friend to the next, Facebook Inc announced on Friday, as the social media company said its largest-ever data theft hit fewer than the …
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Category: National News
Date: Mon, 15 Oct 2018 12:40:45 +0000
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Monday, October 15, 2018

Hurricane Leslie Hits Coast of Portugal, Injuring 27

A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down power lines and smashed store windows with gusting winds and heavy rain. Over 60 people were forced to leave their …


Hurricane Leslie Hits Coast of Portugal, Injuring 27
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Description: A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down power lines and smashed store windows with gusting winds and heavy rain. Over 60 people were forced to leave their …
Full content: A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down power lines and smashed store windows with gusting winds and heavy rain. Over 60 people were forced to leave their …
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Category: International News
Date: Mon, 15 Oct 2018 11:56:05 +0000
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Monday, October 15, 2018

Canada’s Manulife Faces Investor Backlash over Failure to Disclose Ongoing Court Case

Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing court case which came to light after a short-seller released a report detailing the litigation. The stock has dropped 11.5 …


Canada’s Manulife Faces Investor Backlash over Failure to Disclose Ongoing Court Case
Author: Matt Scuffham
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Description: Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing court case which came to light after a short-seller released a report detailing the litigation. The stock has dropped 11.5 …
Full content: Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing court case which came to light after a short-seller released a report detailing the litigation. The stock has dropped 11.5 …
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Category: International News
Date: Mon, 15 Oct 2018 11:07:53 +0000
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Monday, October 15, 2018

AXIS Re Taps Thomas Miller’s Haugh as President, Global Mkts; Smart to Head Specialty Re

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the appointment of Ann Haugh as president of its Global Markets division. In this role, Haugh will oversee AXIS Re Strategic Partners, global Specialty Re and AXIS Re’s …


AXIS Re Taps Thomas Miller’s Haugh as President, Global Mkts; Smart to Head Specialty Re
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Description: AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the appointment of Ann Haugh as president of its Global Markets division. In this role, Haugh will oversee AXIS Re Strategic Partners, global Specialty Re and AXIS Re’s …
Full content: AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the appointment of Ann Haugh as president of its Global Markets division. In this role, Haugh will oversee AXIS Re Strategic Partners, global Specialty Re and AXIS Re’s …
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Category: International News
Date: Mon, 15 Oct 2018 10:58:25 +0000
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Monday, October 15, 2018

UK Insurers, Banks Need ‘Credible Plans’ for Climate Change Risks: Bank of England

Britain’s banks and insurers must come up with credible plans for protecting themselves against risks from climate change and may need to hold more capital, the Bank of England said on Monday. “Financial risks from climate change will be minimized …


UK Insurers, Banks Need ‘Credible Plans’ for Climate Change Risks: Bank of England
Author: Huw Jones
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Description: Britain’s banks and insurers must come up with credible plans for protecting themselves against risks from climate change and may need to hold more capital, the Bank of England said on Monday. “Financial risks from climate change will be minimized …
Full content: Britain’s banks and insurers must come up with credible plans for protecting themselves against risks from climate change and may need to hold more capital, the Bank of England said on Monday. “Financial risks from climate change will be minimized …
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Category: International News
Date: Mon, 15 Oct 2018 09:51:28 +0000
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Monday, October 15, 2018

Lloyd’s New CEO Neal Takes the Helm

Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga …


Lloyd’s New CEO Neal Takes the Helm
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Description: Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga …
Full content: Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga …
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Category: International News
Date: Mon, 15 Oct 2018 09:44:03 +0000
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Monday, October 15, 2018

London Market’s Placing Platform Completes Product Roll-Out with Treaty Reinsurance

The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …


London Market’s Placing Platform Completes Product Roll-Out with Treaty Reinsurance
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Description: The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …
Full content: The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …
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Category: International News
Date: Mon, 15 Oct 2018 09:19:26 +0000
Local date: Mon, 15 Oct 2018 09:19:26 +0000
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Monday, October 15, 2018

Brexit Deadlock Deepens as Hopes Fade for Breakthrough During Crucial Week

The U.K. and the European Union are on course to miss this week’s key milestone on the road to a Brexit deal after talks broke up in stalemate on Sunday, people familiar with the matter said. A weekend of intense …


Brexit Deadlock Deepens as Hopes Fade for Breakthrough During Crucial Week
Author: Ian Wishart, Nikos Chrysoloras and Tim Ross
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Description: The U.K. and the European Union are on course to miss this week’s key milestone on the road to a Brexit deal after talks broke up in stalemate on Sunday, people familiar with the matter said. A weekend of intense …
Full content: The U.K. and the European Union are on course to miss this week’s key milestone on the road to a Brexit deal after talks broke up in stalemate on Sunday, people familiar with the matter said. A weekend of intense …
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Category: International News
Date: Mon, 15 Oct 2018 08:30:43 +0000
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Monday, October 15, 2018

Philippines Weighs Sponsorship of Catastrophe Bond Issue

The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help …


Philippines Weighs Sponsorship of Catastrophe Bond Issue
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Description: The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help …
Full content: The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help …
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Category: International News
Date: Mon, 15 Oct 2018 08:04:56 +0000
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Monday, October 15, 2018

FEMA Head ‘Ticked Off’ Over Cycle of Inadequate Storm Preparation, Insurance, Evacuations

Federal Emergency Management Agency Administrator Brock Long angrily criticized the failure of citizens to heed evacuation warnings and leaders to better prepare for natural disasters such as Hurricane Michael. “It’s frustrating to us because we repeat this same cycle over …


FEMA Head ‘Ticked Off’ Over Cycle of Inadequate Storm Preparation, Insurance, Evacuations
Author: Christopher Flavelle
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Description: Federal Emergency Management Agency Administrator Brock Long angrily criticized the failure of citizens to heed evacuation warnings and leaders to better prepare for natural disasters such as Hurricane Michael. “It’s frustrating to us because we repeat this same cycle over …
Full content: Federal Emergency Management Agency Administrator Brock Long angrily criticized the failure of citizens to heed evacuation warnings and leaders to better prepare for natural disasters such as Hurricane Michael. “It’s frustrating to us because we repeat this same cycle over …
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Category: National News
Date: Mon, 15 Oct 2018 05:00:41 +0000
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Monday, October 15, 2018

Relax, Uber’s Not Interested in Entering Insurance Business

While it is weighing providing benefits and insurance to its independent contractor drivers, ridesharing giant Uber is not interested in getting into the insurance business itself. Rather, the global transportation firm is content to focus on being an “intelligent purchaser” …


Relax, Uber’s Not Interested in Entering Insurance Business
Author: Andrew G. Simpson
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Description: While it is weighing providing benefits and insurance to its independent contractor drivers, ridesharing giant Uber is not interested in getting into the insurance business itself. Rather, the global transportation firm is content to focus on being an “intelligent purchaser” …
Full content: While it is weighing providing benefits and insurance to its independent contractor drivers, ridesharing giant Uber is not interested in getting into the insurance business itself. Rather, the global transportation firm is content to focus on being an “intelligent purchaser” …
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Category: National News
Date: Mon, 15 Oct 2018 05:00:24 +0000
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