Monthly Archives: <span>October 2016</span>

North Carolina Insurers Want Supreme Court Review of 25% Home Insurance Rate Hike Denial

The homeowners insurance rate increase disagreement between the North Carolina Department of Insurance (NCDOI) and the insurance industry is not over. The North Carolina Rate Bureau (NCRB), which files rates with NCDOI on behalf of insurers writing in the state, …

Former Women’s Coach at California University Awarded $3.35M

A jury has awarded $3.35 million to Beth Burns, the former women’s basketball coach for San Diego State who claimed she was fired for being a whistleblower. Burns prevailed in a suit that claimed she was wrongfully terminated. Burns was …

Oregon Woman Sues Nursing Home that Axed Her After Reporting Neglect

A former employee of a Portland, Ore. nursing home has filed a lawsuit against the facility for $575,000, alleging she was fired in 2014 for reporting that a patient had been wounded because of neglectful care. The Oregonian/OregonLive reported Stacy …

New Hearing Ordered for Brown University Student Accused of Sexual Assault

A federal judge says Brown University must hold a new disciplinary hearing for a student who said he was wrongly accused of sexual assault and suspended for two years. U.S. District Court Judge William Smith this week said the Ivy …

Singapore Approves Qatar Re Branch Licence

Qatar Re said that the Monetary Authority of Singapore has granted the company a licence to operate a branch office in Singapore. The licence became effective as of 3 October 2016. Micky Lee, previously in charge of Qatar Re’s representative …

To Minimize Cyber Risk, Organizations Should Focus on Education

Information security is not an easily digestible topic. The “what” is simple: securing information, but the “how” is where it gets tricky. Cyber criminals are cunning and are constantly coming up with new ways to steal information. The schemes are …

Wimbridge Joins Markel as Yacht Underwriter from Brit Global

Specialty insurer Markel International in London has appointed Mike Wimbridge as senior yacht underwriter to its marine, energy and property division. Joining Markel’s existing hull and war team led by Jason Page, Wimbridge will have responsibility for developing and growing …

New York Home Explosion Points to Dangerous Marijuana Growing Methods

An explosion that destroyed a New York City home and killed a firefighter has drawn attention to marijuana-making methods that are legal in many states – but can also be lethal. A New York fire battalion chief died responding to …

Hurricane Matthews Pounds Haiti, Cuba; 1 Death Reported

The fiercest Caribbean storm in almost a decade ripped into Haiti’s southwestern peninsula early on Tuesday, packing 145 mile-per-hour (230 kph) winds and storm surges that killed at least one person and damaged homes. The eye of the violent Category …

China Insurance Market Ripe for Digital Disruption: Viewpoint

China’s tech giants — Baidu, Alibaba and Tencent — increasingly have a finger in every part of the economy. So why aren’t they bigger participants in what should be an easy sell online: insurance? Some inroads are being made. Last …