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

Global Commercial Insurance Prices Rise for 3rd Consecutive Quarter: Marsh

Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh’s “Global Insurance Market Index.” These average increases were driven by property insurance, which continued to be affected by 2017’s …

3rd Major Earthquake Hits Indonesian Island of Lombok; Deaths Top 300

The Indonesian island of Lombok was shaken by a third big earthquake in little more than a week Thursday as the official death toll from the most powerful of the quakes topped 300. The strong aftershock, measured at magnitude 5.9 …

CCC to Host Webinar on Technology Change Agents and the Future of Auto Insurance

Join CCC Industry Analyst Susanna Gotsch and Jason Verlen, SVP Product Management on Wednesday, August 15th. Chicago, IL, August 10, 2018– CCC Information Services Inc. (CCC) announced today that executives from the company will be hosting a webinar discussion on …

Moonrise, American Family Aim to Boost Customer Engagement, Financial Security

At first glance, an insurance company’s investment in a staffing company might seem, well, a little off-base. But according to principals at American Family Insurance and its staffing agency subsidiary, Moonrise, it’s a symbiotic relationship that makes perfect sense because …

Heffernan Opens Retirement Services Office in Washington Led by Thibault

Heffernan Insurance Brokers has opened a retirement services location in Seattle, Wash., to be overseen by Blake Thibault, managing director of Heffernan’s financial services division. Also located in the office are Dallas Otter, executive vice president, and Matthew Pearson, vice …

NOAA : Fewer Atlantic Storms Now Expected for Rest of Hurricane Season

Conditions in the ocean and the atmosphere are producing a less active Atlantic hurricane season than initially predicted in May. Forecasters with NOAA’s Climate Prediction Center said the likelihood of a below-normal Atlantic hurricane season is now 60 percent, up …

Cryptocurrency Platform Omniex Adds Former Regulators Levitt, Bair to Board

Former U.S. Securities and Exchange Commission chairman Arthur Levitt and former Federal Deposit Insurance Corp. chair Sheila Bair have joined the board of advisors of cryptocurrency trading platform Omniex, the company said on Tuesday. Omniex also said it had hired …

Cost of Fighting Wildfires in Oregon Far Ahead of Last Year’s Pace

The estimated cost of fighting Oregon wildfires this summer stands at more than $180 million. That’s $30 million more than at the same time last year. The Mail Tribune reported that 75 percent of those dollars have been spent on …

New AI Programs Can Learn How to Beat Best Cyber Defenses

The nightmare scenario for computer security – artificial intelligence programs that can learn how to evade even the best defenses – may already have arrived. That warning from security researchers is driven home by a team from IBM Corp. who …

NTSB: Failure to Fix Unsafe Mississippi Rail Crossing Caused Fatal Bus Crash

A train crash into a tour bus that killed four in Mississippi last year stemmed from the railroad and the city failing to improve an unsafe rail crossing, federal safety regulators concluded Tuesday. The March 2017 crash also injured 38 …