According to catastrophe modeling firm AIR Worldwide, “Typhoon Nesat (known locally as ‘Pedring’) made landfall in the eastern Isabela and Aurora provinces on the Pacific coast of the Philippines at 18:21 GMT Monday, September 26 with maximum sustained winds of …
Global health services company Cigna announced that it has agreed to acquire FirstAssist Insurance Services, a travel and protection insurance company based in the UK, from Barclays Private Equity. Cigna said the “acquisition will add a new product line to …
A fire at Royal Dutch Shell’s petroleum complex offshore Singapore is still burning, but has been contained, although it was not clear what impact the blaze was having on operations. “We confirm that a fire in the Pulau Bukom Manufacturing …
LG Electronics filed a suit in South Korea, seeking a ban on the sale of BMW and Audi cars, expanding its legal battle over lighting-product patents with Siemens unit Osram to automakers. The sales injunction request filed on Wednesday by …
Manila residents waded through waist-deep floodwaters, dodging branches and flying debris Tuesday as a powerful typhoon sent surging waves as tall as palm trees crashing over seawalls and submerging entire neighborhoods. At least seven people were killed, most of them …
Scientists have embarked on an ambitious experiment to better anticipate earthquakes by identifying the likeliest places where magnitude-4.9 quakes or stronger will occur in seismically active California over a five-year period. Half a dozen teams have developed sophisticated computer models, …
NASA has pinpointed where its now famously falling satellite landed, and unless you are an insurer of someone who lives in the middle of the Indian Ocean between the coast of African and the Antarctic, your worries are over. According …
Insurance Commissioner Mike Kreidler has fined insurance companies nearly $1 million so far this year for violating Washington insurance laws, violations that include charging unapproved rates, improper advertising and failing to offer health coverage to children. The fines collected are …
Gerrit VandeKemp has joined Atlanta-based Swett & Crawford as an assistant vice president, and he will serve as a broker of professional services in the Denver office. Gerrit was recently as a senior underwriter with Allied World National Assurance Co. …
Federal officials say safety is still a concern at the Pueblo Chemical Depot because of leaking weapons. Quality assurance specialist Lisabeth Watchutka says more than 100 of the 780,000 chemical weapons stored at the depot have leaked since 1973. Authorities …
