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Southwest Airliner Catches Fire at California Airport, 139 Passengers Evacuate

A fire on a Southwest Airlines plane forced passengers to evacuate before takeoff at a Southern California airport. Officials from John Wayne Airport say the crew of the Boeing 737 decided that the 139 passengers should evacuate Monday night using …

What to Expect in Workers’ Compensation Pricing in 2018

Workers’ compensation rates in 2018 will be mixed, with some programs seeing pricing flat to down and others seeing spikes, according to a market prediction from the broker USI. In other words, market trends should continue as they did in …

Hiscox Names McLaughlin as CFO in U.S.

Specialty insurer Hiscox has appointed David McLaughlin as chief financial officer in the U.S.. McLaughlin is based in Atlanta and will report to Ben Walter, chief executive officer for Hiscox in the U.S. McLaughlin brings 20 years of operational and …

Help Wanted: Data Protection Officers to Aid Anxious Firms with EU Data Law

They may not have the cachet of entrepreneurs, or geek chic of developers, but data protection officers are suddenly the hottest properties in technology. When Jen Brown got her first certification for information privacy in 2006, few companies were looking …

New York Judge Awards Graffiti Artists $6.7M After Works Destroyed

A judge awarded $6.7 million Monday to graffiti artists who sued after dozens of spray paintings were destroyed on the walls of dilapidated warehouse buildings torn down to make room for high-rise luxury residences. U.S. District Judge Frederic Block in …

Court Declines to Tear Up New Jersey’s $225M Settlement with Exxon

A New Jersey appeals court on Monday turned down a request from environmental groups and a former state senator to undo a $225 million pollution settlement between the state and Exxon Mobil. Appellate Division Judge Carmen Messano, writing on behalf …

Allianz Raises Stake in Credit Insurer Euler Hermes to 92.43%

Allianz Group has successfully increased its stake in the leading credit insurer Euler Hermes to 92.43 percent. In November, Allianz first announced it intended to increase its 63 percent shareholding in Euler Hermes by buying out minority shareholders. Since then, …

Caride Named Acting Commissioner of N.J. Department of Banking and Insurance

New Jersey Governor Phil Murphy has named Marlene Caride acting commissioner of the New Jersey Department of Banking and Insurance (DOBI), effective January 16, 2018. In this new role, Caride oversees New Jersey’s insurance, banking and real estate industries. She …

Calls for Regulation of Hobbyist Drones Follow Latest Close Encounter Report

A video from a drone that flew within feet of an airliner over Las Vegas and prompted outrage on the internet has spurred three influential U.S. aviation lobbies to call for tighter regulations on hobby drones. Legislation exempting certain hobbyist …

UK’s Pool Re Launches Terrorism Risk Assessment Tool to Help Insureds Cut Premiums

Pool Re, the UK terrorism reinsurer, announced the launch of the Vulnerability Self-Assessment Tool (VSAT). Aimed at medium and large businesses, this tool will enable Pool Re member insurers to offer a 5 percent premium discount to insureds which “implement …

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