Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture, forestry, water management and fisheries industries. This was …
Sicilian gangsters dropped 25-kilo (55-pound) cast-iron weights on the limbs of drug addicts, alcoholics and other vulnerable people to obtain insurance payments for fake car accidents worth hundreds of thousands of euros, police said Wednesday after making 11 arrests in …
Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh’s “Global Insurance Market Index.” These average increases were driven by property insurance, which continued to be affected by 2017’s …
The Indonesian island of Lombok was shaken by a third big earthquake in little more than a week Thursday as the official death toll from the most powerful of the quakes topped 300. The strong aftershock, measured at magnitude 5.9 …
At first glance, an insurance company’s investment in a staffing company might seem, well, a little off-base. But according to principals at American Family Insurance and its staffing agency subsidiary, Moonrise, it’s a symbiotic relationship that makes perfect sense because …
Heffernan Insurance Brokers has opened a retirement services location in Seattle, Wash., to be overseen by Blake Thibault, managing director of Heffernan’s financial services division. Also located in the office are Dallas Otter, executive vice president, and Matthew Pearson, vice …
Conditions in the ocean and the atmosphere are producing a less active Atlantic hurricane season than initially predicted in May. Forecasters with NOAA’s Climate Prediction Center said the likelihood of a below-normal Atlantic hurricane season is now 60 percent, up …
Former U.S. Securities and Exchange Commission chairman Arthur Levitt and former Federal Deposit Insurance Corp. chair Sheila Bair have joined the board of advisors of cryptocurrency trading platform Omniex, the company said on Tuesday. Omniex also said it had hired …
The estimated cost of fighting Oregon wildfires this summer stands at more than $180 million. That’s $30 million more than at the same time last year. The Mail Tribune reported that 75 percent of those dollars have been spent on …
The nightmare scenario for computer security – artificial intelligence programs that can learn how to evade even the best defenses – may already have arrived. That warning from security researchers is driven home by a team from IBM Corp. who …
