Monthly Archives: <span>July 2014</span>

Rideshare Firm Lyft Hits Roadblock in NYC Ahead of Scheduled Start

Lyft Inc. isn’t authorized to offer ride sharing in New York, according to the city’s taxi regulator, just days before it was due to start service. The service hasn’t complied with safety requirements and licensing criteria and the city’s rules …

6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic

More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is concentrated within 15 major …

Aon Launches Entrepreneurs Program for Women-Led Businesses

A bulletin from Aon’s London headquarters notes that as “part of its global strategy to empower human and economic possibility for clients, colleagues and communities,” it is launching its “Entrepreneurs in Residence (EIR) program” in partnership with Springboard 2000 Enterprises …

CCRIF Members to Benefit from World Bank’s First Cat Bond Issuance

The sixteen member countries of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) has published an announcement, which points out that the organization “will benefit from the first ever catastrophe bond issued by the World Bank (International Bank for Reconstruction and …

Guy Carpenter Appoints de Haas CEO of Benelux Region

Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Roelant de Haas as CEO of the Benelux region, effective as of September 1st. He succeeds Wim Raeymaekers …

Dryad Maritime Reports ‘Increasing Threat’ of Piracy in Southeast Asia

Marine intelligence specialist Dryad Maritime has issued a warning of an increasing threat from Southeast Asia piracy following the release of their second quarter figures, which show that the area continues to experience the highest number of maritime crime incidents …

Typhoon Neoguri Approaches Kyushu: AIR Analysis

According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri, the strongest typhoon so far in the 2014 Western Pacific season, is slowly closing in on the west coast of Kyushu, the most southerly of Japan’s four main islands. It is …

Allianz Says Investments in Roads, Grids Lack Political Support

Allianz SE said a lack of political support prevents investors from contributing more money to infrastructure projects such as roads or power and gas grids. “Politicians are still convinced infrastructure has to be provided by the government — we might …

Atlantic Specialty Lines Opens New Louisiana Office with Danny Gendusa to Lead Initiative

Hammond, LA, 7/10/14– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, continues its expansion by announcing the opening of its newest office located in Hammond, …

Judge Dismisses Ex-Broker’s Privacy Claim Against Regulatory Website

A U.S. judge threw out a lawsuit against the Financial Industry Regulatory Authority (FINRA) by a former broker who alleged that disclosures on the regulator’s public database violated his privacy rights. The former broker, Alan Santos-Buch, sued FINRA, Wall Street’s …