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21 05, 2020

Michigan Flood Puts Privately Owned Dams in Harsh Spotlight

By | May 21st, 2020|Uncategorized|Comments Off on Michigan Flood Puts Privately Owned Dams in Harsh Spotlight

The dams that breached after days of heavy rain in central Michigan are privately owned and had been the center of controversy for several years. Now Governor Gretchen Whitmer is saying these critical facilities should not be in private hands. …

20 05, 2020

Generali Digitizes Art Insurance, Offering Collectors Remote Evaluation of Artworks

By | May 20th, 2020|Uncategorized|Comments Off on Generali Digitizes Art Insurance, Offering Collectors Remote Evaluation of Artworks

ARTE Generali, Generali Group’s business unit that provides art insurance to collectors, has unveiled a new app, which offers remote evaluation of artworks. In addition, ARTE Generali has set up a program to support small galleries, museums and art dealers …

20 05, 2020

Allianz Group Appoints Richter to lead Cyber Center of Competence

By | May 20th, 2020|Uncategorized|Comments Off on Allianz Group Appoints Richter to lead Cyber Center of Competence

Dr. Catharina Richter will be appointed global head of Cyber Center of Competence for Allianz Group, effective June 1, 2020. The Cyber Center of Competence (CoC) coordinates and steers cyber risk underwriting and governance across Allianz Group and is embedded …

20 05, 2020

BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

By | May 20th, 2020|Uncategorized|Comments Off on BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

BMS Group, the London-based specialist re/insurance broker, announced the appointments of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as an independent non-executive director of BMS Intermediaries Inc., the group’s U.S. reinsurance intermediary arm. Addesso and Lowery-Biggers also join as …

20 05, 2020

Judge in Las Vegas Shooting Case Seeks State Ruling on Gun Makers’ Immunity

By | May 20th, 2020|Uncategorized|Comments Off on Judge in Las Vegas Shooting Case Seeks State Ruling on Gun Makers’ Immunity

A U.S. judge is asking Nevada’s highest court to decide whether state law allows gun manufacturers and sellers to be held liable for deaths as he considers a lawsuit from the parents of a victim of the deadliest mass shooting …

20 05, 2020

Maryland, Virginia, D.C. Intend to Sue EPA on Bay Pollution

By | May 20th, 2020|Uncategorized|Comments Off on Maryland, Virginia, D.C. Intend to Sue EPA on Bay Pollution

Maryland, Virginia and the District of Columbia filed a notice of intent to sue the Environmental Protection Agency for failing to require two other states to implement plans to cut pollution in the Chesapeake Bay, officials said Monday. EPA Administrator …

20 05, 2020

U.S. to Mandate Safety Management for Aircraft Manufacturers

By | May 20th, 2020|Uncategorized|Comments Off on U.S. to Mandate Safety Management for Aircraft Manufacturers

The Federal Aviation Administration said Tuesday it would require Boeing Co. and other aircraft manufacturers to adopt new safety-management tools following two fatal Boeing 737 MAX crashes that killed 346 people. The plan to begin the regulatory process to mandate …

20 05, 2020

Construction Company Owner Pleads Guilty After Lying During OSHA Investigation

By | May 20th, 2020|Uncategorized|Comments Off on Construction Company Owner Pleads Guilty After Lying During OSHA Investigation

After an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the owner of a Somerset County, N.J., construction company has pleaded guilty to one count of felony perjury brought by the U.S. Attorney for the …

20 05, 2020

Coalition in California Raises $90M to Grow Internationally

By | May 20th, 2020|Uncategorized|Comments Off on Coalition in California Raises $90M to Grow Internationally

San Francisco, Calif.-based Coalition, a cyber insurance and security company, announced it has raised $90 million in equity capital to support its growth and global expansion. Valor Equity Partners led the funding with participation from Felicis Ventures, Greyhound Capital, and …

20 05, 2020

PG&E’s Bankruptcy Plan Wins Support from California Wildfire Victims

By | May 20th, 2020|Uncategorized|Comments Off on PG&E’s Bankruptcy Plan Wins Support from California Wildfire Victims

_ Pacific Gas & Electric’s plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility’s fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 …