The nonprofit Insurance Industry Charitable Foundation (IICF) has established the IICF Hurricane Harvey Disaster Relief Fund to assist victims affected by Hurricane Harvey. IICF said it will collect and report on the total of all donations made through this fund, …
Insurers in Britain face crunchtime within weeks if the government and the European Union do not allow millions of cross-border policies to continue to run undisturbed beyond Brexit. While Britain is not due to leave the bloc until March 2019, …
Fleets of commercial drones are primed to hover over the destruction from Tropical Storm Harvey in an unprecedented test of unmanned aircraft’s ability to assess billions of dollars in damage for the insurance industry and accelerate payouts for harried policyholders. …
Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say they can help safeguard lenders by providing an extra layer of expertise. After a spate of expensive court …
Fidelis Insurance announced that Ian Burford will join the London underwriting team as chairman of Specialised Risks, effective Sept. 4, 2017. Bringing over 30 years of experience in the London insurance market, Burford will focus on identifying opportunities to expand …
Toyota Motor Corp. is pushing deeper into the ride-sharing business. The Japanese carmaker is making a strategic investment in Grab, Southeast Asia’s leading ride-hailing operator, and said it will work with the company to provide services in Southeast Asia. Toyota …
All residents within 1.5 miles (2.4 km) of a chemical plant in southeast Texas were evacuated on Tuesday as a “precautionary measure” on Tuesday because of the rising risk of an explosion, the local fire marshal’s office said in a …
The Rubik’s Cube has delighted and confounded millions of players since Hungarian architecture professor Erno Rubik created it in 1974. Now the company that makes the twisting puzzle wants to stop the maker of Duncan yo-yos from selling an alleged …
My heart goes out to the people who have borne the brunt of Hurricane Harvey and still face continued flooding and a long recovery. As a nation, we need to be better prepared for such catastrophic floods so as to …
Aviation regulators imposed a prohibition on hobbyist drones and other civilian aircraft flying in the area affected by Tropical Storm Harvey after concerns were raised about potential interference of rescue efforts. The Federal Aviation Administration issued the new restrictions Tuesday …
