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Why Insurers Should Love, Not Fear, Amazon: Viewpoint

Whenever Amazon.com Inc. eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report on Thursday that the e-commerce giant has been talking to insurers about introducing a price comparison website in the U.K. was no …

Lingering Texas Drought Has Ranchers Reducing Herds

A growing number of Texas ranchers and farmers are trimming their livestock, or selling them altogether, as the persistent drought has eliminated water supplies and forage for the animals. Some landowners describe a boom-and-bust cycle playing out with increasing frequency …

New Specialty Offering from HUB Targets Cannabis Producers, Distributors, Retailers

Global insurance brokerage Hub International Limited (HUB) has formed a comprehensive cannabis insurance and risk services offering under its Agribusiness & Farm Specialty Practice. The new offering is designed to reduce risks in all aspects of operations for medical and …

Survivor of Missouri Duck Boat Sinking Wants Them Banned

An Indiana woman whose husband and three children died when a duck boat sank last month in Missouri said she hopes to save lives by backing an effort to ban the amphibious tourist boats. Tia Coleman, speaking through tears during …

Ohio Workers’ Comp Bureau to Help Buy Bulletproof Vests for Law Enforcement

Ohio Attorney General Mike DeWine says the state’s injured worker fund is setting aside a portion of its safety grant funding to help local police agencies pay for bulletproof vests. The Republican gubernatorial nominee advanced the plan Tuesday. It follows …

Kroger to Pilot Self-Driving Grocery Delivery in Arizona

Kroger Co. is bringing self-driving grocery delivery to Arizona. The largest grocery chain in the U.S. will start delivering groceries in autonomous-capable Toyota Prius cars starting Aug. 16 at a Fry’s Food Stores location it owns in Scottsdale. To start, …

FBI: Lower Mississippi River Ports, South Louisiana Vulnerable to Cyber Threats

Giant cranes loading and unloading gargantuan barges. Oil tankers, supply vessels and pipelines serving a vital energy industry. Flood control structures. Chemical plants. Cruise ships. Drinking water sources. All computer-reliant and tied in some way to the internet. All of …

NYC Mayor Signs Bill Capping New Ride-Hail Licenses

New York City, the largest American market for Uber, has become the first U.S. city to regulate the growth of app-based rides. Democratic Mayor Bill de Blasio on Tuesday signed a bill placing a temporary cap on new licenses for …

Banks on Alert After FBI Warning of Cyber Attacks on ATMs

Banks are on alert for new attacks targeting cash in ATMs after the Federal Bureau of Investigation warned U.S. lenders last week of a potential threat. “The FBI routinely advises private industry of various cyber-threat indicators observed during the course …

Global Insured Catastrophe Losses Decline to $20 Billion in H1: Swiss Re

Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were US$20 billion, down from US$30 billion in H1 2017, according to Swiss Re Institute’s latest sigma study. On the other hand, during the first …

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