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10, 2015
Mexico’s Hurricane Patricia May Hit Catastrophe Bond Holders
Mexico’s natural disaster fund may be $100 million better off at bondholders’ expense after Hurricane Patricia appeared to trigger a catastrophe bond the country sold in 2012. Investors in those notes maturing Dec. 4. are waiting for a verdict on whether …
27
10, 2015
Hackers Find a New Battleground in Space, Targeting Satellites in ‘Trophy Attacks’
Space, the ‘final frontier’, is rapidly becoming an extra-terrestrial battleground for corporate espionage and other types of cyber attack as hackers seek to gain commercial advantage from rival networks operating in the $330-billion space economy. At the same time, a …
26
10, 2015
Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky: AAA Research
Mental distractions can persist for as long as 27 seconds after dialing, changing music or sending a text using voice commands, according to new research on distracted driving. Drivers using phones and vehicle information systems while driving may miss stop …
26
10, 2015
Guy Carpenter Says Wildfire Losses May Exceed $1.75B
A briefing from Guy Carpenter & Company, LLC on Monday shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires could approach …
26
10, 2015
FEMA Urges Californians to Buy Flood Insurance Ahead of El Nin᷈o
Federal emergency officials are urging Californians to buy flood insurance – even those who don’t live near creeks or rivers – as El Nin᷈o conditions get underway in the Pacific Ocean, increasing chances for heavy storms this winter. Roy Wright, …
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10, 2015
New Hampshire’s Bipartisan Summit Examines Coastal Flooding
Elected officials from 18 states — representing some 95,000 miles of coastline — gathered in New Hampshire on Saturday, Oct. 24, for a bipartisan summit on coastal flooding. Some of those who attended the Rising Tides summit in Hampton, New …
26
10, 2015
Airbnb Under Siege From Hostile Ballot Measure in San Francisco
Travelers worldwide may love using Airbnb to book vacation stays, but the company that revolutionized home-sharing faces a hostile ballot measure in the city where it was founded. Proposition F on the Nov. 3 San Francisco ballot would limit short-term …
26
10, 2015
Alaska City Considering $500 Ticket for Texting While Driving
Texting while driving in Anchorage, Alaska may land drivers a $500 traffic ticket under a proposal that shifts the violation from criminal to traffic court. The Alaska Dispatch News reported assembly members will discuss the texting and driving proposal Tuesday …
26
10, 2015
Distracted Driving Ban Takes Effect in Arizona City
A new ordinance banning the use of any mobile device while driving a vehicle in Tempe went into effect over the weekend. A distracted driving ordinance approved by Tempe City Council members last month began Saturday. The law prohibits texting, talking or …
26
10, 2015
Trial Ordered for Penn. Homeowner Accused of Arson, Brother’s Death
A Pennsylvania man has been ordered to stand trial on charges that he paid his brother to set fire to his northeastern Pennsylvania home as part of an insurance scam, a blaze that claimed his brother’s life. A Lackawanna County …