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

Authorities Fail to Investigate Near-Miss of Drone and Air New Zealand Plane

When a drone flew within meters of a landing plane last week, endangering 278 passengers and crew, Air New Zealand responded by saying that such reckless drone operators should be thrown in prison. Other agencies also chimed in. Air traffic …

Australia Begins Investigation into Facebook over Possible Breach of Data Laws

Australia on Thursday said it had begun an investigation to decide whether social media giant Facebook Inc breached its privacy laws, after the company confirmed data from 300,000 Australian users may have been used without authorization. Personal information of up …

Lawsuits Against Facebook Pile Up Over Cambridge Analytica Scandal

Facebook Inc. finds itself in the eye of a rapidly building legal storm over the disclosure of user data to political research firm Cambridge Analytica. Lawsuits are piling up from users and investors. U.S. lawmakers are calling on Chief Executive …

How Predictive Analytics Boost Commercial Insurance Profits, Smooth Cycles

The increasing use of predictive analytics among commercial lines insurers has helped improve their bottom lines and led to more balanced underwriting cycles, A.M. Best says in a report. “Underwriting cycles have been impacted by the quicker determination of underwriting, …

Navigators to Offer Protective’s Workers’ Compensation as Part of Multiline Offerings

The Navigators Group, Inc. and Protective Insurance have agreed to an underwriting partnership offering Protective’s workers’ compensation coverage to Navigators’ insureds. Navigators said the partnership supports its continued expansion of multiline insurance policies that bundle together coverages for a range …

New Endeavor Cyber Product Designed to Protect Manufacturers From Physical Damage

Delegated authority specialist and Lloyd’s Broker Endeavour Insurance Services has launched a new cyber security coverage program, Ensconce, designed to protect manufacturers from the risk of physical damage caused by cyber attacks. The Ensconce coverage responds to the increasing risk …

State Lawmaker Drops Push to Legalize Medical Marijuana in Tennessee

One of the lead sponsors of a medical-marijuana bill in Tennessee withdrew the measure Tuesday after telling fellow lawmakers the legislation has been so watered down that passing it would actually harm rather than help patients. Sen. Steve Dickerson, a …

Florida AOB Reform Efforts Fail Again as Parkland Tragedy Derails Legislative Session

With over 900 items on the Florida legislative docket and only 60 days to consider them, it’s not surprising that many bills simply die in committee or are never seriously considered. Add to that a tragic event right in the …

Worker Killed at South Carolina BMW Plant

Authorities say a contract worker at BMW’s South Carolina factory was killed immediately from massive head injuries in the plant’s paint shop. Batesville Fire Chief Phill Jolley said there was no life saving measures that could be done for 45-year-old …

Washington Commissioner Fines GEICO $30K for Raising Premiums on People Who Froze Credit Scores

Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $49,200 against insurance companies, agents and brokers who violated state insurance regulations. The biggest fine was $30,000 against GEICO for not properly notifying consumers whose premiums it raised because they …