Britain’s huge financial sector will never again have the same access to the European Union as it did when the country was a member of the bloc, the EU’s financial services chief said. Brexit makes it “even more urgent” for …
One huge advantage of drones is that these little robots can go places where people can’t, including areas that might be too dangerous, such as unstable structures after a natural disaster or a region with unexploded devices. Researchers have been …
A former Verizon New York employee who allegedly lied to doctors about arm injuries to obtain more than $19,000 in workers’ compensation benefits has been arrested. This comes after surveillance videos showed her exercising and lifting weights despite her claims …
Kaplansky Insurance has appointed Donna Stanton to vice president of Business Development. In her previous role within the agency, Stanton served as director of Business Development. She brings 29 years of sales, leadership and agency management experience to her role. …
Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Chelsea Insurance Agency LLC. Terms of the transaction were not disclosed. Located in Norwich, Conn., Chelsea Insurance Agency is a locally owned, independent insurance agency that provides personal …
For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10 percent but the rocket ship rate hike trend might be moderating “While commercial insurance prices continued to rise this quarter at a …
The outlook of the global reinsurance sector is “stable,” which is mainly a reflection of hardening pricing conditions and tighter terms and conditions, according to AM Best and Fitch Ratings in two reports. AM Best said the market has seen …
The makers of Energizer and Duracell batteries have ended two lawsuits accusing each other of advertising false claims to consumers about battery life. According to filings on Friday in Manhattan federal court, Energizer Holdings Inc. and Duracell, the battery unit …
By late morning on Oct. 28, staff at the University of Vermont Medical Center noticed the hospital’s phone system wasn’t working. Then the internet went down, and the Burlington-based center’s technical infrastructure with it. Employees lost access to databases, digital …
Canada should accelerate measures, including financing mechanisms, to help governments, companies and individuals prepare for the rising costs of weather-related disasters, according to a research institute. The cost of floods, wildfires and other catastrophic events has increased sharply over the …
