January 15, 2015
Prosecutors in DeKalb County, Ga., say the family of a girl who was critically injured in a dog attack has been awarded more than $36 million. County Solicitor’s Spokeswoman Terrie Clark said in a statement that a jury awarded the …
January 15, 2015
Google Inc. sees Detroit’s snow as a bigger barrier than Washington’s regulators for its self-driving car. The technology giant doesn’t intend to offer a self-driving car to areas where it snows in the near term, Chris Urmson, director of Google’s …
January 15, 2015
JPMorgan Chase & Co. was pressed for more evidence by a group of states probing a data breach that jeopardized millions of customer accounts last year, including whether any of the compromised information has been connected with fraud. The group …
January 15, 2015
President Barack Obama’s bid to get Congress to pass stalled cybersecurity legislation is seen as having an uphill fight amid differences between Republicans and the administration over privacy safeguards and other issues. Obama announced Tuesday revised legislation that would give …
January 15, 2015
ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance markets. The launch follows ACE’s research during 2014, …
January 15, 2015
Catastrophe modeling firm AIR Worldwide estimated that the 1 percent exceedance probability loss (or the 100-year return period loss) is approximately $231.5 billion and the long-term average annual loss from natural catastrophes and terrorism is $72.6 billion. These statistics were …
January 15, 2015
The world’s biggest security provider, G4S Plc, is fielding more inquiries from prospective clients after terrorists killed 17 people in Paris last week. Companies are seeking advice on how to protect their employees following attacks at the weekly magazine Charlie …
January 15, 2015
ICA Bank has received permission to conduct insurance business from the Swedish Financial Supervisory Authority. ICA Försäkring AB, a newly formed subsidiary with its own management and board, will offer non-life insurance to its customers at the end of 2015. …
January 14, 2015
Families of two of the 20 first-graders killed in the Sandy Hook Elementary School shooting in Connecticut are suing the town of Newtown and its board of education, alleging security measures at the school weren’t adequate. The wrongful death lawsuit …
January 14, 2015
Premiums for California wholesalers rose considerably in 2014 from a year earlier, showing that segment of the industry outperformed the rest of the state’s economy, according to a report from the Surplus Lines Association of California. For 2014 there was …