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

Online Scams Are Catching Newly Vulnerable Icelanders Unprepared

“Hi, I hope you are not busy?” The treasurer of the Icelandic soccer club Afturelding got the email from his manager late in the afternoon, soon before banks were about to close. The words “Sent from my iPhone” were at …

AXIS Capital’s Losses from Japan’s Typhoon Hagibis Estimated at $90M-$110M

AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Japanese Typhoon Hagibis in the range of $90 million to $110 million, net of estimated recoveries from reinsurance and retrocessional covers, and including the impact of estimated reinstatement premiums. …

Health Department Links Salmonella Outbreak to North Carolina Restaurant

Health officials say a barbeque restaurant in North Carolina may have sickened about a dozen people with salmonella. A press release from the Nash County Health Department says the operating permit for Doug Saul’s Bar-B-Que & Seafood in Nashville, N.C., …

Explosion at Dippin’ Dots Production Facility in Kentucky Injures Four

Authorities say an explosion at the Dippin’ Dots production facility in Kentucky has injured four people. Dippin’ Dots CEO Scott Fischer says the explosion occurred in a production area around 10 p.m. Friday evening. Fischer said in a release that …

Florida Investigating Attorney Charged with Lawsuit Fraud

The Florida Bar has opened an investigation of a New York lawyer who it says may have been practicing in Florida without a license. The Bar’s investigation of Stuart Finkelstein stems from federal charges this week alleging that he filed …

Massachusetts Attorney General Issues Asbestos Safety, Enforcement Report

Massachusetts Attorney General Maura Healey has released a report highlighting her office’s ongoing efforts to protect children, families and workers from the health risks posed by exposure to asbestos. The report highlights the work of AG Healey’s “Healthy Buildings, Healthy …

BHSI Taps Warrior, Formerly with Hiscox, as Head of D&O Underwriting, UK & Ireland

Berkshire Hathaway Specialty Insurance (BHSI) announced that it has expanded its European team with the addition of Chris Warrior as head of directors’ & officers’ liability underwriting for UK & Ireland. Warrior comes to BHSI with 36 years of experience …

Vermont Seeks Storm Damage Assessment of Private Property

Vermont is asking the Federal Emergency Management Agency to assess damage to private property from a storm beginning on Halloween to determine if the state qualifies for federal aid for homeowners and renters. The state says 323 Vermont homeowners and …

Thieves Steal Priceless Items from Dresden’s Treasury Green Vault; Hiscox Comments

Thieves have carried out a heist at Dresden’s Green Vault, one of the world’s oldest museum containing priceless treasures and jewels, German officials said Monday. The treasury of Augustus the Strong of Saxony was established in 1723 and today contains …

AIG to Sell Most of Fortitude Re to Carlyle, T&D Holdings for $1.8 Billion

American International Group plans to sell the bulk of Fortitude Re to private equity firm The Carlyle Group and Japanese insurer T&D Holdings for $1.8 billion. Plans call for a newly created Carlyle-managed fund and T&D Holdings to acquire from …