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28 09, 2020

Beazley Expands Life Sciences Insurance Offering in UK

By | September 28th, 2020|Uncategorized|Comments Off on Beazley Expands Life Sciences Insurance Offering in UK

Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused organizations. This follows the UK launch of Beazley’s internationally …

28 09, 2020

Munich Re Subsidiary NewRe Names Braune as CEO, Succeeding Strasser

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New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas Braune as its new chief executive officer. Braune will assume his new role on Oct. 1, 2020, succeeding Dr. Renate …

28 09, 2020

Wildfire Forces Home, Hospital Evacuations in California’s Napa Valley Wine Area

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A wind-driven wildfire erupted on Sunday in the heart of northern California’s Napa Valley wine country to spread across nearly 2,000 acres (809 hectares), forcing the evacuation of a hospital and hundreds of homes, authorities said. Fire crews were out …

28 09, 2020

Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows

By | September 28th, 2020|Uncategorized|Comments Off on Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows

Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report released by CNA and …

28 09, 2020

Major U.S. Tech Firms Look to Be Ignoring Europe’s Data Privacy Rules

By | September 28th, 2020|Uncategorized|Comments Off on Major U.S. Tech Firms Look to Be Ignoring Europe’s Data Privacy Rules

Technology firms’ compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a survey of companies including Facebook and Netflix. The Court of Justice of the European Union (CJEU) ruled …

28 09, 2020

Police Say Connecticut Workplace Shooter Extradited, Charged with Assault

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A truck driver accused of shooting his boss and wounding another person outside a Connecticut industrial building was charged Wednesday with assault and other crimes after being brought back from Massachusetts, where police arrested him at gunpoint on a highway. …

28 09, 2020

SterlingRisk Insurance Promotes DelPrete to Chief Marketing Officer

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SterlingRisk Insurance, a Woodbury, N.Y.-based, independently owned insurance brokerage, has promoted Geraldine DelPrete to chief marketing officer. According to SterlingRisk CEO David Sterling, DelPrete will oversee the strategy for all carriers across all SterlingRisk platforms, including large commercial and select, …

28 09, 2020

Massachusetts Law Firm Sued by Attorney General Over Illegal Kickback Scheme

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Massachusetts Attorney General Maura Healey has filed a lawsuit alleging a Massachusetts law firm accepted tens of thousands of dollars in illegal kickbacks from a pharmacy in exchange for referring hundreds of its personal injury clients to the pharmacy. In …

28 09, 2020

American Financial Group Agrees to Sell Run-Off Lloyd’s Insurer Neon to RiverStone

By | September 28th, 2020|Uncategorized|Comments Off on American Financial Group Agrees to Sell Run-Off Lloyd’s Insurer Neon to RiverStone

American Financial Group Inc. announced it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings Ltd. Upon closing of the sale, …

28 09, 2020

Warning for Deadly Microbes in Water Lifted for All But 1 Texas City

By | September 28th, 2020|Uncategorized|Comments Off on Warning for Deadly Microbes in Water Lifted for All But 1 Texas City

Texas officials have lifted a warning for all but one Houston-area community to stop using tap water because it might be tainted with a deadly brain-eating microbe. The Texas Commission on Environmental Quality warned the Brazosport Water Authority late Friday …