Monthly Archives: <span>March 2019</span>

AM Best Opens Office in Amsterdam as Part of Brexit Planning

Credit rating agency AM Best will this week formally open its second European office, located in the city of Amsterdam. AM Best, which rates more than 3,500 companies in over 90 countries, currently has regional offices in London, Hong Kong, …

Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection

Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims process. Plans call for using the …

Brazil Miner Vale Fired Inspection Firm for Refusing to Certify Dam’s Safety: Prosecutors

Brazilian iron ore miner Vale fired an inspection firm because the company refused to certify one of its dams as safe, months before the barrier collapsed and killed hundreds, prosecutors said in a document filed this week, as they explained …

The Liberty Company Insurance Brokers Welcomes Paul R. Lopez

Irvine, CA, March 6, 2019 – The Liberty Company Insurance Brokers, one of the fastest growing privately held agencies in Los Angeles, is pleased to announce and welcome Paul R. Lopez as Vice President of Liberty’s Entertainment Division. Paul brings …

Companies Still Learning About Fire Risks Around Robots

The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a blaze …

FDA Warns of Asbestos in Claire Cosmetics; Seeks New Rules on Talc

The U.S. Food and Drug Administration called on Congress to modernize rules for cosmetics safety on Tuesday after it issued an alert warning consumers not to use three cosmetics products sold by Claire’s Stores Inc. because they tested positive for …

One of Florida’s Worst Red Tides Finally Clears

Experts say the red tide that plagued Florida’s coastline for 15 months is one of the five worst toxic algae events in the state’s recorded history. State lawmakers from southwest Florida met with scientists on Feb. 6 at Mote Marine …

Contractor that Built Miami Pedestrian Bridge that Collapsed Files for Bankruptcy

The contractor that built a pedestrian bridge that collapsed and killed six people last year in Miami is filing for bankruptcy protection. Miami-based Munilla Construction Management said in a press release on Saturday the Chapter 11 filing was not an …

Jordan Named President, CEO of Atlanta-Based Breckenridge Insurance Group

Breckenridge Insurance Group has appointed David A. Jordan as president and chief executive officer of the wholesale insurance brokerage, programs and financial services company. Jordan succeeds founder and former CEO Tracey Carragher who resigned in February. Jordan has nearly 40 …

Judge Denies Purdue Pharma’s Request to Dismiss Tennessee Opioid Suit

A lawsuit claiming Purdue Pharma engaged in deceptive marketing to increase opioid prescriptions, resulting in an epidemic, has the go-ahead from a Knox County judge. The lawsuit brought by the state of Tennessee claims Purdue‘s marketing violates the Tennessee Consumer …