Britain will find it “basically impossible” to negotiate all aspects of its future relationship with the European Union by the end of this year, the head of the European Commission said on Wednesday, adding that both sides must pick priorities. …
The ransomware attack against U.K. foreign exchange firm Travelex is just a taste of what’s to come with cyber crime, according to experts at CyberCube, the cyber risk analytics firm. Travelex announced this week that cyber hackers were holding its …
Specialist insurer Beazley and reinsurer RenaissanceRe have jointly launched a product that provides Beazley with additional catastrophe cover for cyber events. The majority of the security behind the deal will be provided by capital market sources structured by RenaissanceRe. This …
Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate insurance. Parametric insurance solutions offer a means to guarantee direct payout after a qualifying event and protect against unpredictable but …
An Arkansas panel formed after historic flooding last year has released a report recommending increased oversight of the state’s levees, consolidation of some levee districts and state grants to fund improvements. Gov. Asa Hutchinson created the Arkansas Levee Task Force …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has appointed Sharon Edwards as chief operating officer. She will join the firm’s executive committee and lead its operating committee, immediately assuming oversight and management responsibilities for national …
Doctors and other healthcare practitioners who write prescriptions bear ultimate responsibility for improper distribution of opioids to patients, not pharmacists who are obliged to fill those prescriptions, a series of pharmacy chains argued in federal court in Ohio. The filings, …
A 2-year-old girl struck by a foul ball during a Houston Astros game at Minute Maid Park continues to receive anti-seizure medication seven months after suffering a brain injury that could leave her at risk of seizures for life, an …
The deaths of three people in a Kentucky home explosion are the fault of a utility company that failed to respond adequately to concerns about the smell of gas, relatives of the explosion victims say in a lawsuit. The Nov. …
The U.S. National Highway Traffic Safety Administration (NHTSA) said it is launching an investigation into the Dec. 29 crash of a Tesla Model 3 that left a passenger dead after the vehicle collided with a parked fire truck in Indiana. …
