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20 12, 2019

Munich Re Group Agrees to Buy Manhattan Skyscraper

By | December 20th, 2019|Uncategorized|Comments Off on Munich Re Group Agrees to Buy Manhattan Skyscraper

Munich Re Group, advised by MEAG, has agreed to acquire the 330 Madison Avenue building in New York City. The 39 story high-rise dates from 1963 and was designed by Ely Jacques Kahn, one of the fathers of the New …

20 12, 2019

Ascot Appoints Walter as Executive VP and Head of Cyber & Commercial E&O

By | December 20th, 2019|Uncategorized|Comments Off on Ascot Appoints Walter as Executive VP and Head of Cyber & Commercial E&O

Ascot has appointed Drew Walter as executive vice president and head of Cyber & Commercial E&O. Also joining the team are Tracy O’Hara, Abigail Oliver, Greg Garijanian and Ben Mancuso. Based in New York, Walter will build a business writing …

31 12, 2019

Kentucky Farmer Pleads Guilty in Tobacco Crop Insurance Fraud Scheme

By | December 31st, 2019|Uncategorized|Comments Off on Kentucky Farmer Pleads Guilty in Tobacco Crop Insurance Fraud Scheme

Another Central Kentucky farmer has pleaded guilty in a crop insurance fraud scheme that a federal prosecutor has called “pervasive and severe” in that region. Daniel Arvin pleaded guilty on Dec. 19 in federal court in Lexington to a conspiracy …

20 12, 2019

Canada Pension Fund OMERS to Buy Stake in Fairfax Run-off Unit, RiverStone UK

By | December 20th, 2019|Uncategorized|Comments Off on Canada Pension Fund OMERS to Buy Stake in Fairfax Run-off Unit, RiverStone UK

Fairfax Financial Holdings Ltd. and OMERS, the pension plan for Ontario’s municipal employees, announced they have entered into an agreement where OMERS will acquire a 40% interest in Fairfax’s UK run-off group, RiverStone UK. The transaction gives RiverStone UK the …

31 12, 2019

Fourth Sewer Line in a Month Ruptures in South Florida City

By | December 31st, 2019|Uncategorized|Comments Off on Fourth Sewer Line in a Month Ruptures in South Florida City

For the fourth time in a month, a South Florida sewer line has ruptured. The sewer line burst on Friday at a park in Fort Lauderdale. It was repaired overnight when crews removed the damaged section of 16-inch force main …

20 12, 2019

California Earthquake Warning App Sends 1st Public Alert

By | December 20th, 2019|Uncategorized|Comments Off on California Earthquake Warning App Sends 1st Public Alert

California’s new earthquake early warning cellphone app issued its first public alert when a modest tremor occurred this week in a rural area of the state, a newspaper reported. MyShake app project manager Jennifer Strauss said more than 40 people …

20 12, 2019

Insurance Protections Expanded in California Wildfire Areas

By | December 20th, 2019|Uncategorized|Comments Off on Insurance Protections Expanded in California Wildfire Areas

More than a million California homes are now protected under a new law that temporarily bans insurance companies from dropping customers in areas affected by recent wildfires, officials announced this week. Insurance Commissioner Ricardo Lara issued a moratorium earlier this …

20 12, 2019

Transgender Woman in Oregon Sues Miss USA Pageant

By | December 20th, 2019|Uncategorized|Comments Off on Transgender Woman in Oregon Sues Miss USA Pageant

An Oregon transgender woman is suing Miss USA pageants, saying its rule that limits competition to “natural born female” is a form of gender discrimination. The Oregonian/OregonLive reports Anita Green of Clackamas, Oregon, holds the title of 2019 Miss Earth …

30 12, 2019

Blast at Beechcraft Plant in Kansas Injures More Than a Dozen People

By | December 30th, 2019|Uncategorized|Comments Off on Blast at Beechcraft Plant in Kansas Injures More Than a Dozen People

More than a dozen people were injured on Dec. 27 when a nitrogen line ruptured at the Beechcraft aircraft manufacturing facility in Wichita, Kansas, causing part of the building to collapse, authorities said. Daniel Wegner, deputy fire chief for Sedgwick …

20 12, 2019

Company Fined $26K for Fatal Dallas Crane Collapse

By | December 20th, 2019|Uncategorized|Comments Off on Company Fined $26K for Fatal Dallas Crane Collapse

A federal agency has imposed a $26,000 fine against the owner of a crane that slashed through an apartment building near downtown Dallas, killing one resident and displacing hundreds. The citation issued by the Occupational Safety and Health Administration doesn’t …