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Generali to cut coal investments in new climate change strategy

POSTED FEBRUARY 22, 2018 10:03 AM
European Commission slaps $670 million fines on cartels
The European Commission has fined four maritime car carriers and three car-parts suppliers a total of €546 million ($670 million) in three separate cartel settlements.

POSTED FEBRUARY 22, 2018 5:08 AM
Iranian insurer to cover losses from aircraft crash
Bimeh Iran (Iran Insurance Co.) said that it will pay about $46,000 for each passenger and crew member of the Iran Aseman Airlines' aircraft which crashed on Feb. 18, killing all 66 people on board.

POSTED FEBRUARY 22, 2018 5:07 AM
Insurers' storm bill to exceed $20 million
Data from the Insurance Council of New Zealand showed that the storm which hit the country in January is likely to cost insurers more than $27 million New Zealand ($19.8 million).

POSTED FEBRUARY 22, 2018 5:06 AM
Axa likely to sell its unit in Azerbaijan
France-based insurer Axa S.A. is likely to sell its subsidiary in Azerbaijan – AXA MBask Insurance Co.

POSTED FEBRUARY 22, 2018 5:03 AM
IT disruptions top threat to financial services firms: Survey
A survey by U.K.-based risk management news provider Risk.net found that risk managers cited IT disruptions, whether from a disabling cyber attack, or from human error and failure of aging hardware, as the top threat to financial services firms for 2018.

POSTED FEBRUARY 22, 2018 5:00 AM
Australia to fine firms for failing to inform customers of data breach
Australian government agencies, businesses and health providers will be fined more than $2 million Australia ($1.6 million) for failing to notify clients and customers that their personal information has been breached under mandatory reporting rules under new rules.

POSTED FEBRUARY 22, 2018 4:58 AM
SEC calls for 'clearer' cyber risk disclosure from companies
(Reuters) — The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses that have not yet been targeted by hackers.

POSTED FEBRUARY 21, 2018 4:45 PM
Ryan Specialty to buy environmental underwriting manager

POSTED FEBRUARY 21, 2018 2:45 PM
Judge affirms most safety violations, reduces penalties against builder
An administrative law judge of the Occupational Safety and Health Review Commission affirmed most safety citations issued against a New Jersey construction employer, but reduced the associated penalties because the company was inappropriately held responsible for a history of U.S. Occupational Safety and Health Administration violations at other companies.

POSTED FEBRUARY 21, 2018 2:29 PM

Yahoo News - Latest News & Headlines

GOP Congresswoman Claims Many Mass Shooters 'End Up Being Democrats'

GOP Congresswoman Claims Many Mass Shooters 'End Up Being Democrats'WASHINGTON ― Rep. Claudia Tenney (R-N.Y.) claimed that people who commit mass shootings are often Democrats during a Wednesday discussion about the Florida school shooting.

POSTED FEBRUARY 21, 2018 5:54 PM

Parkland Shooting Survivor’s Dad Escaped Earlier Las Vegas Shooting

Parkland Shooting Survivor’s Dad Escaped Earlier Las Vegas ShootingWhen freshman Braden survived last week’s shooting spree that killed 17 of his classmates, as well as adults, at his Parkland, Florida, high school, there was one person he knew who could understand the horrors he experienced: his father.

POSTED FEBRUARY 21, 2018 12:33 PM

Trump claims he 'never met' the woman who says he forcibly kissed her at Trump Tower

Trump claims he 'never met' the woman who says he forcibly kissed her at Trump TowerPresident Trump turned his Twitter attention Tuesday to previously disclosed claims by Rachel Crooks, who says he forced himself on her at Trump Tower in 2006.

POSTED FEBRUARY 20, 2018 12:46 PM

Aurora borealis turns the sky greener than the ground

Aurora borealis turns the sky greener than the groundThese Northern Lights “rainbows” have turned the sky greener than the Earth below. Vitaly Istomin, 26, spent several nights in freezing conditions under the stars in northern Russia’s Khibiny Mountains to capture the aurora’s “rainbows.” (Caters News)

POSTED FEBRUARY 20, 2018 11:56 AM

Mueller Catches Lawyer Lying, Brings New Charges

Mueller Catches Lawyer Lying, Brings New ChargesRachel Maddow reviews recent Ukrainian political history by way of explaining new charges in Robert Mueller's Trump Russia investigation against a lawyer who is also the son-in-law of a Ukrainian-Russian oligarch, Alex van der Zwaan.

POSTED FEBRUARY 20, 2018 3:29 PM

Kushner Doesn't Want To Give Up His Security Clearance As John Kelly Cracks Down: Report

Kushner Doesn't Want To Give Up His Security Clearance As John Kelly Cracks Down: ReportWhite House senior adviser Jared Kushner doesn’t want to give up the interim security clearance that gives him access to highly classified information, even though his current duties likely don’t require him to view top-secret material, The New York Times reported on Tuesday.

POSTED FEBRUARY 21, 2018 12:44 AM

GOP lawmaker's aide fired over offensive claims on Florida shooting survivors

GOP lawmaker's aide fired over offensive claims on Florida shooting survivorsA Florida state representative's aide was fired from his position on Tuesday after he sent an email to a reporter alleging that two outspoken survivors of the massacre at Marjory Stoneman Douglas High School were "actors."

POSTED FEBRUARY 21, 2018 1:50 PM

Missing man Joshua Thiede found at Los Angeles-area hospital, friends say

Missing man Joshua Thiede found at Los Angeles-area hospital, friends sayJoshua Thiede, an Uber and Lyft driver who had been reported missing for more than a week, was found Monday night at a Los Angeles hospital, his friends said.

POSTED FEBRUARY 20, 2018 12:52 PM

Army Awards Heroism Medal To 3 Junior ROTC Cadets Killed In Florida Shooting

Army Awards Heroism Medal To 3 Junior ROTC Cadets Killed In Florida ShootingThree Junior Reserve Officers’ Training Corps cadets killed during last week’s mass shooting at Marjory Stoneman Douglas High School in Florida have been awarded the Medal of Heroism by the U.S. Army.

POSTED FEBRUARY 20, 2018 2:43 PM

Police officer shot dead by murder suspect during standoff

Police officer shot dead by murder suspect during standoffOfficer Justin Billa, a former officer of the month, was fatally injured in the city of Mobile, after trying to detain a man wanted in connection with a murder. The dead officer joined the force in January 2016 and won the Mobile Police Department’s Officer of the Month award in June 2016, Mobile Police Department Chief Lawrence Battiste told reporters, according to the Associated Press. The suspect was identified as Robert Hollie.

POSTED FEBRUARY 21, 2018 10:44 AM

News – Insurance Journal

Law Enforcement Officers 3 Times More Likely to Be Injured Than Other Workers
An estimated 669,100 law enforcement officers were treated in emergency departments across the nation for nonfatal injuries between 2003 and 2014, according to a study by researchers at the National Institute for Occupational Safety and Health (NIOSH). Law enforcement officers …

POSTED FEBRUARY 22, 2018 4:09 PM
UK’s RSA Insurance Posts Above-Forecast Profit of $920.2M in 2017
Even higher payouts for RSA shareholders are likely in 2018, chief executive Stephen Hester said on Thursday after the company posted an above-forecast 2017 operating profit and boosted its dividend by 23 percent. Analysts had been looking for a special …

POSTED FEBRUARY 22, 2018 3:49 PM
Alaska Governor Wants $10M for Seismic Surveying
Gov. Bill Walker’s administration has asked the Alaska Legislature for permission to spend $10 million on seismic surveying in the coastal plain of the Arctic National Wildlife Refuge. The seismic survey funding was included last week in a supplemental spending …

POSTED FEBRUARY 22, 2018 3:45 PM
California Law Preventing Actor Ages from Being Posted Struck Down
A California law that sought to prevent age discrimination in the entertainment industry by blocking a popular Hollywood website from posting the ages of actors was struck down Tuesday as unconstitutional. U.S. District Court Judge Vince Chhabria in San Francisco …

POSTED FEBRUARY 22, 2018 3:43 PM
UK Marine Insurer Steamship Mutual Chooses Netherlands for Post-Brexit HQ
British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in case Britain loses single market access. “We are about to apply for a license to establish …

POSTED FEBRUARY 22, 2018 3:39 PM
How Insurance Agencies Fared in Q4
Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter. The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic Growth and Profitability (OGP) Survey reported overall growth. Agency …

POSTED FEBRUARY 22, 2018 2:27 PM
Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers
Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day will become part of R-T Specialty …

POSTED FEBRUARY 22, 2018 2:15 PM
Bipartisan Momentum Building in Congress for Cryptocurrency Regulations
Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in …

POSTED FEBRUARY 22, 2018 1:52 PM
Demarco Joins Maritime Program Group’s Private Client Division
Connecticut-based marine insurance program manager Maritime Program Group has hired Michael Demarco as senior underwriter in its Private Client Services division. MPG’s Private Client Services division specializes in high-net worth and hard-to-place personal lines placements due to location or loss …

POSTED FEBRUARY 22, 2018 1:26 PM
After Poor Results, Greenlight Re ‘Repositioning,’ Entering New Classes of Business
Hedge fund manager David Einhorn said a shift in favor of value stocks may soon be coming even after his firm posted its worst underperformance in almost two decades. “While we’ve never underperformed like this, our prior worst underperformance compared …

POSTED FEBRUARY 22, 2018 11:54 AM

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