Monthly Archives: <span>March 2017</span>

RSA Names Gearey as Managing Director of Commercial Risk Solutions

London-based RSA has appointed James Gearey as managing director for Commercial Risk Solutions (CRS) from June 5, 2017, subject to regulatory approvals. Gearey has spent the past nine years at Siemens Financial Services, most recently as chief executive, Commercial Finance …

XL Catlin Receives Approval to Write Insurance in Monaco

XL Catlin announced it has received approval from the Monegasque Minister of State to issue insurance policies in the Principality of Monaco through XL Insurance Co. SE (XLICSE), effective March 10, 2017. The license allows XLICSE to offer its products …

Audi’s German Offices Raided in Ongoing Fallout from Emissions Scandal

Volkswagen AG’s Audi brand was raided by German prosecutors as investigations into the manipulation of diesel engines continue to weigh on the automaker more than a year after revelations of emissions cheating. More than 100 police took part in searches …

Dummies Taking Hits for Drone Safety

Hank sat impassively on a Virginia Tech athletic field, ready to take it on the chin for the future of drone commerce. About 30 yards away, an eight-rotor unmanned copter hovered, buzzing like a swarm of bees. The 21-pound drone …

Senators Want U.S. to Weigh Food Safety in Acquisitions by Foreign Firms

Two U.S. senators from Midwestern states will introduce a bill on Tuesday that would require foreign companies buying U.S. food and agriculture firms to undergo a review aimed at ensuring the deal would not hurt U.S. food security. The legislation …

EPA Official Allegedly Aided Monsanto in Fight Against Roundup Cancer Study

The Environmental Protection Agency official who was in charge of evaluating the cancer risk of Monsanto Co.’s Roundup allegedly bragged to a company executive that he deserved a medal if he could kill another agency’s investigation into the herbicide’s key …

QBE Launches Privacy, Network Security Coverage for Businesses

QBE North America, an operating division of QBE Insurance Group Limited, has launched a new privacy & network security offering as part of its continued specialty insurance expansion. The new Solution for Cyber Risk product is a comprehensive product suite …

Dolly Parton Fund Aids 921 Tennessee Wildfire Victims

Dolly Parton’s My People Fund has issued monthly checks to 921 people who lost their homes in deadly wildfires that ravaged East Tennessee last year. The Knoxville News Sentinel reports that Dollywood Foundation President David Dotson said the fund received …

Kentucky Lawmakers Approve Reducing State Coal Mine Inspections

Kentucky lawmakers have agreed to loosen inspection requirements for underground coal mines. The Kentucky Senate gave final approval to House Bill 384 on Tuesday. It would give the Department of Natural Resources commissioner discretion to replace up to three safety …

Florida Resident Sues Mining Company Over Contaminated Land Under Homes

A central Florida man is suing a mining company that he says built homes over former phosphate mines and didn’t warn homeowners about health hazards. Lakeland homeowner John Jerue filed the lawsuit last week against Alabama-based Drummond Company on behalf …