Daily Archives: <span>May 15, 2017</span>

Parents Urged Not to Lie About Installation of Telematics Boxes in Cars

Insure The Box, the London-based black box car insurance provider, has urged parents to think twice about lying to their children about having a telematics box installed in their cars. Insure The Box was responding to recent on-air radio “confessions” …

Autonomous Vehicle Testing to Begin in New York State

New York Governor Andrew M. Cuomo has announced that New York is now accepting applications from companies interested in testing or demonstrating autonomous vehicles on public roads. Included in the fiscal year 2018 budget, new legislation allows for testing autonomous …

Amtrak Engineer Won’t be Charged in Deadly Pennsylvania Crash

The speeding Amtrak engineer involved in a derailment that killed eight people and injured about 200 others in Philadelphia won’t face criminal charges, the city district attorney’s office said. Prosecutors said they can’t prove engineer Brandon Bostian acted with “conscious …

Generali Names AXA’s Granier as CEO of Generali France

Generali announced that Jean-Laurent Granier, 51, will join Generali Group as country manager for France and président directeur général (PDG) of Generali France with effect from June 1, 2017. Granier also will join the group management committee of Assicurazioni Generali. …

Driving Drunk: Bishop Who Killed Cyclist in Maryland is Denied Parole

A former Episcopal bishop who struck and killed a cyclist in Baltimore, Md., while driving drunk will remain in prison after the Maryland Parole Commission rejected her plea for early release. Heather Cook, once the second-highest-ranking Episcopal leader in Maryland, …

Gen Re Receives License to Open Reinsurance Branch in India

Gen Re has received approval from the Insurance Regulation and Development Authority of India (IRDAI) to open a branch in Mumbai ( known as R3 authorization). The branch structure will now allow Gen Re to deliver underwriting and risk management …

Source of Clean Energy? Wind Turbines Are Spilling Oil in Mexico

Wind turbines were planted along a strip of Mexico’s southern coast to make the country’s power industry cleaner. Now they’re spilling oil. In the town of Juchitan last month, a clean-up was under way around a generator owned by Electricite …

Nationwide Names Travelers’ Stueber as Vice President of Construction

Linda Stueber has joined Nationwide as the new vice president of Construction for Standard Commercial, the insurer announced. Stueber has 25 years of experience in commercial lines— with the past 20 years focused specifically on construction. She has been with …

Many Non-U.S. Firms May Be Uninsured for Recent Ransomware Attack

Many companies outside the United States may not have cover for a recent computer-system attack, leaving them potentially with millions of dollars of losses because there has been relatively little take-up of cyber insurance, insurers say. A massive ransomware worm …

Global Cyber Attack Expected to Continue but Malware Spread Slows

Governments and companies around the world began to gain the upper hand against the first wave of an unrivaled global cyber attack, even as the assault was poised to continue claiming victims this week. More than 200,000 computers in at …