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Christmas Day Fire in Connecticut Blamed on Toy Hoverboard

New Haven, Conn., fire officials say a toy hoverboard appears to be the cause of a Christmas Day apartment fire that displaced four people and sent one to the hospital. Battalion Chief Ben Vargas tells the New Haven Register the …

Fairfax Plans to Raise $1 Billion in IPO for Fund to Make Africa Investments

Fairfax Financial Holdings Ltd., the Canadian insurer that made its largest acquisition last week, is selling shares in an initial public offering for a fund that will make investments in Africa. The company is seeking to raise as much as …

NN Group Agrees to Acquire Dutch Insurer Delta Lloyd for $2.6B

NN Group NV agreed to buy Delta Lloyd NV for about 2.5 billion euros ($2.6 billion) after its earlier offer for the Dutch insurer was rejected. NN offered 5.40 euros a share in cash for Amsterdam-based Delta Lloyd, the companies …

Judge Upholds Ban on Guns in Delaware State Parks, Forests

A Delaware judge has sided with state environmental officials in a lawsuit challenging a ban on non-hunting firearms in state parks and forests. Members of the Bridgeville Rifle & Pistol Club and the Delaware State Sportsmen’s Association who have concealed-carry …

Chubb Names Lambourne as Head of Multinational Claims, Overseas General Insurance

Chubb announced that Graham Lambourne, currently Global Clients Claims manager, Europe, has been promoted to the role of head of Multinational Claims for Overseas General Insurance. Lambourne will be responsible for further refining and enhancing Chubb’s multinational claims capability, working …

New Jersey Town Says It’s Not to Blame in Beach Collapse Death

A beach town being sued for the drowning death of a man swept out to sea when the sand collapsed underneath him says it is immune from such lawsuits due to a state law governing unimproved public property. North Wildwood …

SCOR Authorized to Open India Branch Office to Write Life, P/C Reinsurance

The Insurance Regulatory and Development Authority of India (IRDAI) has granted SCOR “R3 authorization,” allowing the group to open a composite branch office in India to conduct life and P/C reinsurance business. SCOR has been writing business with Indian clients …

Major Travel Booking Systems Vulnerable to Hackers: Researchers

Major travel booking systems lack a proper way to authenticate air travelers, making it easy to hack the short code used on many boarding passes to alter flight details or steal sensitive personal data, security researchers warned on Tuesday. Passenger …

Update on the Opioid Epidemic in U.S.

Drug overdose deaths, including opioid overdose deaths, continue to increase in the United States, according to new data from the federal government. The Morbidity and Mortality Weekly Report of the Centers for Disease Control and Prevention (CDC) reports that in …

500-Plus Oceanfront Homes in Florida Still at Risk Months after Matthew

Officials estimate over 500 oceanfront homes remain at risk months of Hurricane Matthew swept past northeast Florida’s coastline. According to the St. Augustine Record, St. Johns County officials say all 42 miles of county beaches suffered erosion from the Category …

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