August 25, 2017
The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies. Codified at 23 NYCRR §500, the law became effective on March 1, 2017, and requires insurance and insurance-related companies as well as brokers, agents …
August 25, 2017
Many Americans dream of driving fabulous, unique, vintage cars. The vast majority of Americans never get to actually do it. Sure, we see them around—I live in Brooklyn and I don’t own a car, but as I walk around my …
August 25, 2017
A state senator was named Wednesday by Governor Charlie Baker to the regulatory board that will oversee the cannabis industry in Massachusetts. Sen. Jennifer Flanagan, of Leominster, is the first appointee to the five-member Cannabis Control Commission. She will serve …
August 25, 2017
The fire chief in Millbury, Mass., has been hospitalized after flames hit three homes and caused several propane tanks to explode. Chief Richard Hamilton was taken to UMass Medical Center in Worcester early Wednesday with heat exhaustion and dehydration. He …
August 25, 2017
Brock Long knew it was just a matter of time. “We’ve gone 11 years without a major hurricane land-falling in the U.S.—that’s a one-in-2,000 chance,” said Long, President Donald Trump’s administrator of the Federal Emergency Management Agency, in an interview …
August 25, 2017
A man who was among dozens of people injured when a commuter train crashed at a suburban Philadelphia terminal is suing the rail company, claiming the train also blew past a previous station before the accident. Passenger Darrell Robbson filed …
August 25, 2017
Arthur J. Gallagher announced that Kenny Hogg has been appointed regional managing director (RMD) for Scotland and will join the business with effect Aug. 29, 2017. The current RMD for Scotland, Paul Kerry, will remain with the business in his …
August 25, 2017
The final property insurance market loss estimate for the magnitude 6.0 earthquake that hit Central Italy on Aug. 24, 2016 has increased to €108 million (US$127.4 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. …
August 25, 2017
Protecting people rather than property or animals will be the priority under pioneering new German legal guidelines for the operation of driverless cars, the transport ministry said on Wednesday [Aug. 23]. Germany is home to some of the world’s largest …
August 25, 2017
Britain’s economy is beginning to feel the Brexit pinch, or perhaps given the strong performance of the rest of the world economy, it should be punch. After a prolonged period of relatively benign economic numbers following last year’s vote to …