National News

How Schools Are Trying to Deal with Threats to Safety Despite Obstacles

There were so many questions after 17-year-old Ely Serna brought a shotgun to his Ohio school and opened fire in 2017, wounding two. Along with the whys, West Liberty-Salem High School assistant principal Andy McGill recalled thinking, “Is there something …

Clarifying Law Around Insurance of Marijuana Act Would Reduce Gaps, Expert Says

Chris Boden is stoked about the potential of a recently introduced bill in Congress that would create a safe harbor for insurers engaging with cannabis-related businesses. Boden is the cannabis practice group team leader at Crouse & Associates, a wholesale …

RSG MGA EmergIn Risk Enhances Agent, Broker E&O Program

EmergIn Risk, part of the Ryan Specialty Group family and a division of RSG Underwriting Managers, has expanded its insurance agents and brokers professional liability program, [In]fuse to include new coverage and less exclusions. EmergIn Risk (formerly ThinkRisk) launched [In]fuse …

AIG’s P/C Business Delivers on CEO’s Underwriting Promise

American International Group (AIG) President and CEO Brian Duperreault has insisted that the insurer’s General Insurance unit will produce an underwriting profit for all of 2019, after a decade of losses. His promise has now come true for the second …

Assured Guaranty to Take Over BlueMountain Capital for $160 Million

Assured Guaranty Ltd. has agreed to take over BlueMountain Capital Management, the $19.3 billion money manager that has come under pressure in recent months. Assured Guaranty will pay $160 million to buy out majority shareholder Affiliated Managers Group Inc. and …

Kinsale Capital Expects $57 Million from Public Offering at $93 per Share

Richmond, Virginia-based specialty insurer Kinsale Capital Group (NASDAQ: KNSL) announced the pricing of its underwritten public offering of 645,000 shares of common stock at a price of $93.00 per share. The company expects the net proceeds from the offering to …

Apple Faces Privacy Lawsuit Over Listening to Siri Users’ Recordings

Apple Inc. was sued over claims that the privacy of Siri users was violated when human reviewers listened to customer recordings. The lawsuit was filed as a class action Wednesday, just days after Apple said it would pause its program …

As Breaches Rise, So Do Cybersecurity Pros’ Paychecks

It took a $650,000 salary for Matt Comyns to entice a seasoned cybersecurity expert to join one of America’s largest companies as chief information security officer in 2012. At the time, it was among the most lucrative offers out there. …

Retailers’ Active Shooter Training Is Hurt by Turnover, Implementation

Most retailers have plans in place to deal with an active shooter, like the one that terrorized a Walmart Inc. store this past weekend in El Paso, Texas. But a hot job market has hit worker retention rates, making it …

New Hurricane Response Tools from Munich Re Aim to Improve Claims Experience

Munich Re has launched a new suite of hurricane response tools designed to help insurance companies assess widespread property damage after a hurricane and improve their customers’ claims experience. Developed by Munich Re’s Remote Industries team, the Hurricane Response Suite …

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