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Mass. Court Finds Defendant Guilty of Insurance Fraud in Car Accident Case

The Massachusetts Appeals Court has affirmed a lower court’s decision to charge the defendant in a case involving a Boston car accident with motor vehicle insurance fraud. However, the Appeals Court reversed the lower court’s decision to also charge the …

Aetna Exits Delaware Health Insurance Marketplace for 2018

Aetna Inc. has informed the Delaware Department of Insurance that it will not participate in the health insurance marketplace in Delaware for 2018. As a main reason for its exit, Aetna cited an approximate $700 million loss for individual policies …

Big ‘I’ Virtual University’s Boggs Gets Award for Reinsurance Research

Big “I” Virtual University Director Christopher “Chris” J. Boggs has received a prestigious award in London for a paper he and a group of industry professionals authored about the disconnect between information sought by reinsurers and information they commonly receive …

Firms Hit by Cyber Attack Could Face Lawsuits over Lax Security: Legal Experts

Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend could be sued over their lax cyber security, but Microsoft Corp. itself enjoys strong protection from lawsuits, legal experts said. …

Mississippi Gov Seeks Federal Tornado Aid for End of April Outbreak

Residents of Holmes and Montgomery counties in Mississippi could get federal help following April 30 tornadoes, if Gov. Phil Bryant gets his way. Bryant on Thursday officially asked that President Donald Trump declare a disaster. The Republican governor also asks …

The Present Use and Promise of Blockchain in Insurance

Twenty years ago, people who thought that the Internet would completely transform business processes would have been right, but they could also have lost a lot of money investing in “dot com” enterprises that failed. Organizations today find themselves in …

Hanford Tunnel Collapse Draws Attention to Safety, Age of Nuclear Plants

The collapse of a tunnel used to store radioactive waste at one of the most contaminated U.S. nuclear sites has raised concerns among watchdog groups and others who study the country’s nuclear facilities because many are aging and fraught with …

The Right Price for Defending Against Existential Risk of Asteroids: Walsh

When the asteroid named 2014 J025 passed by the Earth in April, it came within 1.1 million miles of the planet — a close shave by cosmic standards and also the nearest in more than a decade. And J025 was …

Evacuation Order Lifted for Georgia Residents Near Okefenokee Wildfire

A mandatory evacuation order has been lifted for two south Georgia towns threatened for days last week by a wildfire that had spread outside the boundaries of the neighboring Okefenokee swamp. Authorities say evacuation orders in place for about a …

Hub International Adds Bare to Entertainment Operation in Nashville

Hub International Limited (HUB), a leading global insurance brokerage, announced the expansion of its Nashville operation through the addition of entertainment specialist Shannon Bare, joining the firm as senior vice president. Bare has 20 years’ experience providing insurance and risk …

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