November 14, 2018
Cathay Pacific Airways Ltd., which is under fire for the world’s biggest airline data breach, said the sophisticated attacks lasted months as it took steps to shield its exposed computer network. The attacks were most intense March through May and …
November 14, 2018
RSA plans to pull out of several international business lines run out of London which it says are unlikely to produce the returns which the British insurer is seeking following a September profit warning. Closing international construction, international freight and …
November 14, 2018
A jury has sided with workers who say they were sickened after they were tapped to clean up a massive 2008 coal ash spill in Tennessee. The Knoxville News Sentinel reports that a jury found Nov. 7 that Tennessee Valley …
November 14, 2018
The National Weather Service has confirmed two tornadoes hit northeast Mississippi last week. A preliminary survey Nov. 6 showed a twister with top winds of 115 mph (185 kph) struck in Pontotoc County. The tornado, rated EF-2 on the enhanced …
November 14, 2018
National General Holdings Corp. has agreed to acquire National Farmers Union Property and Casualty Co. from QBE North America. The estimated purchase price is $43 million. National Farmers Union Insurance writes personal and farm auto and farm and homeowners’ insurance …
November 14, 2018
Maximum, an independent, Chicago-based excess and surplus lines wholesaler, has hired Jeff Livingston as a producer. He will be based out of Maximum’s growing office in Tampa, Fla. Originally from Georgia, Livingston came to Tampa five years ago and began …
November 13, 2018
The “new normal” for California has yielded another year of record wildfires and billions of dollars in insured losses. Homeowners insurance rates inch up in high risk areas, and carriers get more cautious about where they write in a state …
November 13, 2018
Last year’s California wildfires destroyed thousands of homes and cost billions of dollars, but they also created numerous new laws and regulations in their wake as Legislators and insurance regulators looked for ways to further protect homeowners. With another series …
November 13, 2018
In just a few weeks, humanity may take its first paid ride into the age of driverless cars. Waymo, the secretive subsidiary of Google’s parent company, Alphabet Inc., is planning to launch the world’s first commercial driverless car service in …
November 13, 2018
Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country’s prosperity for generations to come. While Brussels …