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Vermont to Hold Briefings for Those Interested in Storm Help

The Vermont Department of Public Safety is going to be holding briefings for municipalities and others interested in applying for federal disaster assistance to help pay for repairs made following storms May 4-5. Attendance is mandatory for any municipalities or …

CorPro Underwriting Managers Hires Giuliano as a Senior Underwriter in New York

CorPro Underwriting Managers has hired Michael Giuliano as a senior underwriter based in New York, N.Y. He specializes in private company and not-for-profit directors and officers (D&O), employment practices liability (EPL), fiduciary and related coverages. He was formerly with Chubb, …

Frey to Replace Benet as CFO at Travelers

The Travelers Companies announced that, effective Sept. 1, Jay S. Benet will step down from his role as chief financial officer, a position he has held since 2002. Benet will remain on the senior leadership team as vice chairman. Daniel …

First Jury Weighs Cancer Claims Against Monsanto’s Roundup

A trial in which a school groundskeeper alleged that his use of Monsanto’s Roundup weed killer caused his terminal cancer will go to a California jury after lawyers for both sides delivered their closing arguments on Tuesday. Groundskeeper Dewayne Johnson …

Ford F150 Pickup Trucks’ Seat Belts Probed for Fire Risk

The U.S. traffic safety regulator is investigating complaints of fire during crashes in some Ford Motor Co. F-150 Supercrew pickup trucks linked to a seat belt component. The National Highway Traffic Safety Administration (NHTSA) said there were five complaints alleging …

Typhoon Shanshan Approaches Tokyo, Slowly

Typhoon Shanshan continued its slow-moving approach toward the Tokyo region, with the tropical storm’s arrival likely to disrupt commuters from Wednesday night through Thursday morning. Authorities are warning that as the typhoon’s approach is unusually slow, its effects may be …

One Drugmaker Sues Another to Pay Damages from Opioid Marketing Lawsuits

Allergan Plc on Thursday sued Pfizer Inc. to require its rival to cover any damages it is forced to pay as a result of hundreds of lawsuits claiming Allergan deceptively marketed an opioid it acquired from a company Pfizer bought. …

Aspen Promotes Issavi to Lead Its Reinsurance Business, Succeeding Lillelund

Bermuda-based Aspen Insurance Holdings Ltd. announced that Emil Issavi, president and chief underwriting officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect. Issavi succeeds Thomas Lillelund who is leaving Aspen to become chief executive …

Samsung Galaxy S7 Smartphones Vulnerable to Hackers: Researchers

Samsung’s Galaxy S7 smartphones contain a microchip security flaw, uncovered earlier this year, that has put tens of millions of devices at risk to hackers looking to spy on their users, researchers told Reuters. The Galaxy S7 and other smartphones …

SEC: No Action Against Exxon Over Climate Disclosures to Investors

The U.S. Securities and Exchange Commission has recommended no action against Exxon Mobil Corp. over its investor disclosures, ending a two-year probe with a victory for the company. The SEC in 2016 launched its review of Exxon’s reserves and climate-change …

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