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Popular Massachusetts Restaurant Destroyed by Fire

A fire has destroyed a popular restaurant in Massachusetts that just celebrated its 50th anniversary in business. Officials were called to Jamie’s Pub in Scituate, Mass., around 4:20 a.m. Sunday. Fire Chief John Murphy says it took about an hour …

Fire Destroys Historic Maine Building

Authorities in Maine say a fire has destroyed a historic building that once served as a Navy barracks in World War II. Crews responded to the fire at the Eastport building around 1 p.m. Tuesday. Firefighters contained the blaze after …

Connecticut Town Faces Federal Lawsuit After Extortion Conviction

A Connecticut man who claims to have tipped off the FBI about extortion from a zoning official has now filed a federal lawsuit against the town where he says it took place. WTNH-TV recently acquired a copy of the lawsuit …

Florida’s RMC Group Promotes Homan to Captive Administration Manager

RMC Group, a Naples, Fla.-based international provider of insurance, risk management, retirement and actuarial consulting services, has promoted Jessica Homan to captive administration manager. Homan joined RMC Group in 2010 and most recently served as senior accountant for the Corporate …

How Sex Trafficking Became Battleground in Fight Over Big Tech Immunity

During last week’s hearings about the industry’s role in the 2016 presidential election, one ominous moment for Big Tech came when California Senator Dianne Feinstein, the industry’s representative in Congress and a Democrat, addressed the social media companies. “You bear …

With 4,000 Ransom Attacks a Day, Cyber Crime Threatens Financial Sector: Europol

The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday. Online criminals have become so sophisticated that …

Global Temperatures in 2017 Slightly Below Record-Breaking 2016: UN

This year will be among the three hottest on record, the United Nations said on Monday [Nov. 6], as almost 200 countries started talks in Germany to bolster a global climate accord that the United States plans to quit. Temperatures …

MGA Newbridge Offers Political Violence, Terror Cover; Chaucer, Markel Provide Capacity

Newbridge Risk Partners, an underwriting cell on the Castel Underwriting MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. …

China Pledges to Keep Easing Barriers to Entry for Foreign Insurers, Banks

China pledged to keep nudging open the door to its mammoth financial industry — but it will do so at its own pace. On Thursday, amid a slew of Sino-U.S. dealmaking during President Donald Trump’s visit to China, the Foreign …

Munich Re Reports Q3 Loss of $1.6B; Tallies Industry Hurricane Losses at $100B

Insured losses from three big hurricanes in North America this year have cost the industry around $100 billion, German reinsurance giant Munich Re said on Thursday. Damages from storms Harvey, Irma and Maria of that magnitude would exceed by far …

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