A tour bus crossed into oncoming traffic and hit two cars head-on, killing one woman and injuring 26 others in the Southern California high desert, according to the California Highway Patrol. It’s unclear why the tour bus crossed into the …
A San Jose, Calif. official says an initial estimate puts damage costs from last week’s flooding of several residential neighborhoods at $73 million. Assistant City Manager David Sykes said flood damage to private property is estimated at $50 million. He …
Walnut Creek, Calif.-based Heffernan Insurance Brokers has named Edward Huang assistant vice president of employee benefits. Huang an enterprise sales background ranging from financial services to software as a service. Heffernan has California offices in San Francisco, Petaluma, Menlo Park, …
Brit Global Specialty USA is launching a Cyber and Technology team and has hired Michael Carr appointed as senior vice president to lead the offering. Carr was formerly Technology practice leader for Argo Group. He has 30 years of experience …
While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so at the expense of people risks, which represent the largest source of data breach claims. New claims data analysis from …
Congressional Republicans are taking aim at the regulatory process through which some financial institutions become subject to heightened regulation because they are deemed too big to fail. In a report released on Tuesday, Republican staff members of the House of …
Allianz Insurance, the UK subsidiary of Allianz SE Group, has refreshed its directors and officers proposition to offer broader coverage for businesses. The new and enhanced cover includes: Kidnap and ransom An employment practice helpline Protection for IT security / …
The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government’s announcement of a dramatic cut to the discount rate used to calculate lump-sum personal injury compensation, according to A.M. Best. Motor insurers and reinsurers …
As the insurance industry has closely followed developments regarding The New York State Department of Financial Services’ (DFS) cybersecurity regulation, concerns remain in terms of how the final regulation, set to go into effect March 1, may impact mid-sized companies …
Metro-North Railroad and Zipcar have launched a car share initiative in the Hudson Valley. Under the Ride2Drive program, a total of 14 Zipcars, including sport utility vehicles, will be parked at dedicated spaces at nine Metro-North station lots. Each Zipcar …
