October 25, 2019
Montana hospital officials have confirmed a data breach may have compromised the personal information of about 130,000 medical clinic patients. The Daily Inter Lake reported that Kalispell Regional Healthcare employees were unaware of the May cyberattack until an outside forensic …
October 25, 2019
As wildfires rage and utilities race to restore power, the worst may be yet to come for California residents. PG&E Corp. has restored power to about 165,000 customers in portions of 18 counties, or about 93% of those affected, the …
October 25, 2019
Federal officials have fined a Pennsylvania company for violations found after a worker was killed when she fell into a meat grinder earlier this year. The Occupational Health and Safety Administration issued $49,062 in civil penalties against the Economy Storage …
October 25, 2019
AXA announced it has entered into an agreement to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan’s loan insurance business. In addition, AXA and Crelan have also agreed to a long-term P/C and …
October 25, 2019
EverQuote Inc., a Cambridge, Mass.-based, online insurance marketplace in the U.S., has hired Shivi Shankaran as executive vice president of Commercial Insurance and Special Projects. Shankaran previously spent nearly 15 years in various roles at Amazon. Before this, he worked …
October 25, 2019
Smith Brothers Insurance, a Glastonbury, Conn.-headquartered independently operated insurance broker, has hired Karen Smith Wohlers. She will be responsible for Employee Benefits Compliance and Legal Services in her new role. Wohlers has a background in human resources and compliance. Previously, …
October 25, 2019
The state of Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change. Attorney General Maura Healey filed the lawsuit shortly after Exxon …
October 25, 2019
Hungarian insurer Cig Pannonia Nyrt., which lists Lehman Brothers as one of its founders, lost as much as a quarter of its value in two days after Italian reinsurance contracts at one of its units turned out to be counterfeit. …
October 25, 2019
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed the purchase of a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a subsidiary of India’s leading diversified financial services conglomerate, Edelweiss Group. Financial details of …
October 25, 2019
Ping An Insurance (Group) Co., China’s largest insurer by market value, said third-quarter profit jumped 50% thanks to higher investment returns and banking income. Net income rose to 31.9 billion yuan ($4.5 billion) in the three months ended Sept. 30 …