December 22, 2017
Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system, the bank said on Thursday, the latest in a string of attempted cyber heists that use fraudulent wire-transfer requests. Globex …
December 22, 2017
Chinese ride-hailing firm Didi Chuxing Technology Co. on Thursday said it has raised $4 billion in funds earmarked for expansion overseas and into areas such as artificial intelligence (AI), as it looks to challenge Uber Technologies Inc. The fundraising values …
December 22, 2017
Starr Cos. announced the appointment of Ambassador Jose L. Cuisia Jr. as chairman of Starr International Insurance Philippines Branch, a branch of Starr International Insurance (Asia) Ltd., a company established and licensed to write general insurance in Hong Kong. Cuisia …
December 22, 2017
Integro Insurance Brokers, an international broker and risk management firm, has hired Stephen Feron as a senior vice president in its marine practice. Based in New York, Feron will be responsible for the delivery of Integro’s Marine Cargo services, developing …
December 22, 2017
The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala on December 13 in New York City. The money …
December 22, 2017
Frederick Mutual Insurance Company has appointed Shad Collins as senior vice president and chief information officer. Collins has relocated to the company’s headquarters in Frederick, Maryland, to take on his new role. He has more than 30 years of experience …
December 22, 2017
The fight to reinstate criminal charges against the engineer in a deadly 2015 Amtrak derailment in Philadelphia will carry over into next year. A judge on Wednesday told prosecutors she will review Brandon Bostian’s case, and she set a hearing …
December 22, 2017
A bill that would add a fee schedule for medical care to Wisconsin’s workers compensation law appears to be dead on arrival in the state Assembly. Speaker Robin Vos said there is no consensus among Republicans about the measure that …
December 22, 2017
Arkansas Insurance Commissioner Allen Kerr has granted a Certificate of Authority to a Florida insurer to begin selling residential property insurance products in Arkansas. Gainesville, Fla.-based Tower Hill Signature Insurance Co. (THS) was formed in 2006 and currently writes residential …
December 22, 2017
North Dakota Insurance Commissioner Jon Godfread says veterans who have taken or plan to take any of the nine North Dakota insurance producer exams after June 1, 2017, qualify to be reimbursed for their exam fee through a partnership between …