Monthly Archives: <span>January 2018</span>

India’s Tata Consultancy Expects Growth in Insurance Sector

Tata Consultancy Services (TCS) Ltd, India’s top IT services firm, said its insurance services business would soon post faster growth thanks to higher client spending but remained cautious on a turnaround in its key banking segment. Western banking, financial services …

Federal Judge to Streamline Lawsuits Over GenX Chemical in North Carolina River

A federal judge wants to streamline lawsuits blaming two companies for releasing a little-understood compound from a North Carolina chemical plant into waters used by hundreds of thousands of people. U.S. District Judge James Dever III has ordered five complaints …

Chances of La Niña Top 85%, Says National Weather Service

A U.S. government weather forecaster said on Thursday that La Niña conditions are likely to persist through the Northern Hemisphere winter. La Niña is characterized by unusually cold ocean temperatures in the equatorial Pacific Ocean and is linked with floods …

Federal Disaster Mitigation Saves $6 for Every $1 Spent: Report

Federal programs to protect Americans against extreme weather and other natural disasters save even more money than previously thought, according to a report funded by the same agencies that have proposed cutting many of those programs. The report, released Thursday …

Senators Propose Heavy Fines for Credit Agencies Over Privacy Data Breaches

Two Senate Democrats are proposing large new fines for credit reporting agencies that lose consumers’ personal information in data breaches, according to a bill they introduced on Wednesday. The bill would impose potentially significant fines against companies like Equifax, TransUnion, …

General Star, Norman-Spencer Partner on Online Program for Real Estate Appraisers

General Star Management Co. has launched an online individual real estate appraisers program. General Star will partner with Norman-Spencer Agency, Inc., the program administrator. The online appraisers program provides specialized errors and omission coverages designed specifically for the needs of …

North Carolina Establishes New Fire Investigation Unit

The North Carolina Office of the State Fire Marshal, headed up by North Carolina Insurance Commissioner and State Fire Marshal Mike Causey, has established a new Fire Investigations Unit (FIU) to assist the state’s fire service and law enforcement agencies. …

Report: Florida Nursing Home Temperatures After Irma Reached Sweltering Level

Florida regulators say temperatures rose to 99 degrees (37 Celsius) in a sweltering nursing home under investigation for the deaths of 12 residents after Hurricane Irma. A Sun Sentinel report says a document filed by the Agency for Health Care …

Former Beecher Carlson Exec Tofil Joins Prime Risk Partners in Atlanta

Prime Risk Partners has added J. Scott Tofil to the company as executive vice president and chief financial officer. Tofil succeeds Robert Schneider, who remains as a consultant to the company. Tofil began his career as a CPA with a …

Green Bonds Booming Despite Washington’s Animus, Report Shows

In spite of the U.S. withdrawal from the global climate change accord hammered out in Paris a year earlier, green bond issuance around the world reached $155.5 billion in 2017, a new report shows. That figure surpassed the initial, and …