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Texas Insurance Trade Group Adds 3 More Cities to Smoke Alarm Program

The Insurance Council of Texas (ICT) has distributed 2,000 smoke alarms to fire departments in 20 Texas cities this fall during its annual We’re Out to Alarm Texas smoke alarm campaign. This life saving campaign is adding three new cities …

What Insurance Companies Need to Know About Part 500 Cybersecurity Compliance

If there were any remaining doubts about the vulnerability of our online systems, they were dispelled in September when giant credit reporting company Equifax revealed it was breached in July by cyber criminals, compromising the personal identifiable information (PII) of …

Las Vegas Shooting Victims Sue Bump Stock Manufacturers

Victims of the Las Vegas shooting sued manufacturers of bump fire stocks, accusing them of negligence. A dozen bump stocks, which allow a semi-automatic weapon to fire with the rapidity of an automatic weapon, were found in gunman Stephen Paddock’s …

Supreme Court Turns Down Cases Testing Hacking Law

The U.S. Supreme Court on Tuesday sidestepped a growing controversy over who can give permission to access a computer, a debate that goes to the core of what constitutes hacking in this era of widespread use of the internet and …

ExpressScripts to Acquire Benefits Manager eviCore

Express Scripts said on Tuesday it would buy privately-held specialty healthcare benefits manager eviCore healthcare for $3.6 billion to bolster its medical benefits management business, with the deal adding to adjusted earnings in the first full year. Reuters reported in …

10 Critical Job Skills of the Future

The world sits on the precipice of the fourth industrial revolution, as a coming wave of disruptive technology in fields like artificial intelligence, machine learning, the mobile internet and 3-D printing remake entire industries and open up untold possibilities in …

KCC Estimates U.S. Insured Losses from Hurricane Nate Could Reach $500M

Based on high resolution wind and storm surge models, Karen Clark & Company (KCC) has estimated that the insured loss in the U.S. from Hurricane Nate will be close to $500 million. KCC’s modeled loss estimates include insured wind and …

Drug Pricing Transparency Law Signed by California Governor

California Gov. Jerry Brown has signed state legislation requiring drug companies to report certain price hikes for prescription medicines in a move that could set a model for other states to follow. The law, which aims to provide more transparency …

Wildfires Ravage California’s Iconic Wine Country Region

Wildfires that tore through northern California’s iconic wine-growing regions have prompted evacuations of more than 20,000 people, killed 11 and damaged some of the most valuable vineyards and wineries in the U.S. Blazes are sweeping through one of the state’s …

Willis Towers Watson’s Insurance Consulting & Tech Team Taps Bruce from Travelers, Rourke from LV=

Willis Towers Watson said it has strengthened its Insurance Consulting and Technology business with two new senior appointments. Based in London, Neil Bruce joins the UK P&C Insurance Consulting and Technology team from Travelers Syndicate Management, where he was chief …

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