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

Trendy e-Scooters for Transportation Seized in Northern California

San Francisco has pulled the plug on electric scooters that authorities say were blocking sidewalks and building entrances. The San Francisco Chronicle reported that Public Works inspectors impounded about 66 scooters last week. The crackdown comes about two weeks after …

New Mexico Utility Says Insurance to Help Pay for Coal Silo Failure

The investigation into the cause of a structural failure of a coal silo at a power plant in northwestern New Mexico is ongoing, but the plant’s operator says repairs are underway. Officials with Public Service Co. of New Mexico say …

Chubb Appoints Lee as Head of Bancassurance for Asia Pacific

Chubb announced the appointment of Jin Lee as the head of Bancassurance for Asia Pacific. In her new role, Lee’s primary responsibility will be to oversee the DBS Bank-Chubb partnership which spans across Singapore, Hong Kong, Taiwan, Indonesia and China. …

Family of Oregon Cyclist Files $32.5M Wrongful Death Suit

The family of a central Oregon woman killed while on her bicycle has filed a $32.5 million wrongful death lawsuit against the driver of a pickup who has also been charged with manslaughter in connection with the death. KTVZ-TV reported …

Generali Completes Sale of Panama & Colombia Operations to ASSA & Talanx

Assicurazioni Generali SpA announced the closing of the sale of its operations in Panama and Colombia. These two transactions, which were originally announced during the second half of 2017, are part of the group’s overall strategy to rationalize its international …

HWI International Launches MGA with Asian Focus: NuVu Underwriting Hong Kong

HWI International Group, the privately owned insurance business, has announced the launch of NuVu Underwriting Hong Kong Ltd., a new managing general agent (MGA) in Hong Kong, headed up by industry veteran Jeremy Austen. Subject to regulatory approval, NuVu Underwriting …

Erie City Council President Indicted on Theft From Nonprofit

A grand jury has indicted the Erie, Penn., city council president on allegations she stole more than $70,000 over seven years from an anti-violence nonprofit she runs. The U.S. Attorney’s office for the Western District of Pennsylvania announced the 33-count …

Virginia Business Owner Must Pay Back $4M for Fraud Scheme

A Virginia business owner who spent business loans on personal expenses, including his rock band, will pay more than $4 million in restitution, in addition to serving a 10-year federal prison sentence. The Virginian-Pilot cites a U.S. Department of Justice …

AXIS Launches Cyber Center of Excellence to Help Mitigate Cyber Risks

AXIS Capital Holdings Ltd. has launched the AXIS Cyber Center of Excellence, which aims to provide commercial insurance products and solutions for mitigating cyber risks. The AXIS Cyber Center of Excellence is intended to address the more than $445 billion …

Connecticut Man Awarded $82K After Crash with Truck

A Connecticut man injured when the vehicle he was in crashed with a truck carrying portable toilets has been awarded $82,000 in a lawsuit. The Connecticut Post reports that 52-year-old Randall Ryan, of Bridgeport, Conn., claimed he suffered physical and …