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National Security Agency Chief Forms Task Force to Counter Russian Cyber Threats

Paul Nakasone, U.S. cyber commander and director of the National Security Agency, confirmed that he’s created a special task force to address Russian threats in cyberspace. Russia has “great capabilities on which we will certainly be called upon,” Nakasone said …

The Legal Engine Driving More Than 800 Lawsuits Against Opioid Makers

The place might sound familiar, even if you’ve never been there: the Appalachian foothills, down by the Ohio River, where the sirens scream addiction and death. Twenty-six overdoses in one afternoon. The highest death rate in the state. One in …

Growing Headache for Corporate Mexico: Robberies of Cargo Trains

Head southeast out of Mexico City for about four hours or so and you will come upon the town of Acultzingo. It is an impoverished, dusty little place nestled up against the rugged peaks of the Sierra Madre. Most inhabitants …

Metromile Secures $90M in Financing Led by Tokio Marine, Others

San Francisco, Calif.-based startup Metromile Inc. on Tuesday announced $90 million in Series E funding co-led by leading insurance companies Tokio Marine Holdings and Intact Financial. The financing included participation from existing and new investors NEA, Index, Future Fund and …

Sweden Wildfires Destroy More Than $100M Worth of Forested Land

Swedish authorities said the risk of fires spreading across the country will hit “extreme” levels this week as emergency services battle dozens of blazes that have already destroyed more than $100 million worth of forested land. The Swedish Civil Contingencies …

Greek Wildfires Claim at Least 74 Lives in Worst Blazes Since 2007

Greek firefighters say that at least 74 people were killed in wildfires in the country’s Attica region, which includes Athens, as a summer heatwave has increased the risk of blazes across Europe. The fires struck two coastal resorts popular with …

UK Faces ‘Abject Future’ After Brexit, Warns Former Lloyd’s Chairman

The U.K. is facing a grim future after Brexit because of the failure of the its politicians to govern responsibly, the former chairman of insurance market Lloyd’s of London wrote in a letter to the Financial Times. “Never in over …

U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’

The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the differences that exist among commercial flood models, …

2 Tornadoes Knock Out Power for 20K People in Kentucky

The National Weather Service has confirmed two tornadoes during severe storms in Kentucky that toppled trees and power lines. The weather service in Louisville says storms on Friday produced an EF-1 tornado in Hart County and an EF-0 tornado in …

3 Arrested in Georgia for Slip-And-Fall Fraud Scheme, 4th Suspect Sought

Three men were arrested last week for their participation in a staged accident ring operating in South Georgia, according to a statement from the Georgia Department of Insurance. Insurance Commissioner Ralph Hudgens said arrest warrants were issued to Germain Baynard, …

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