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7 11, 2022

Deadly Tornadoes Hit Texas and Oklahoma, Flatten Buildings

By | November 7th, 2022|Uncategorized|Comments Off on Deadly Tornadoes Hit Texas and Oklahoma, Flatten Buildings

Residents in southeastern Oklahoma and northeastern Texas began assessing weather damage Saturday, working to recover and thankful to have survived after a storm stretching from Dallas to northwest Arkansas spawned tornadoes and produced flash flooding, killing at least one, injuring …

7 11, 2022

Ruling Exposes Gov’t to $1.6B In Damages Because of Hurricane Harvey Flooding

By | November 7th, 2022|Uncategorized|Comments Off on Ruling Exposes Gov’t to $1.6B In Damages Because of Hurricane Harvey Flooding

A federal court in late October found the US government liable for $455,000 in damages to six claimants whose homes were flooded by water backed up behind two dams near Houston during Hurricane Harvey — but that’s just for starters. …

7 11, 2022

Cyber Attack on Australian Insurer Medibank Far Bigger Than Initially Thought

By | November 7th, 2022|Uncategorized|Comments Off on Cyber Attack on Australian Insurer Medibank Far Bigger Than Initially Thought

A hack on an Australian health insurer appears to be far larger than initially suspected, with the company saying it will refuse to pay a ransom for the theft of data. The attack on Medibank Private Ltd. exposed the data …

7 11, 2022

Tanzanian Plane Crashes Into Africa’s Lake Victoria, Killing 19

By | November 7th, 2022|Uncategorized|Comments Off on Tanzanian Plane Crashes Into Africa’s Lake Victoria, Killing 19

Nineteen people died after a passenger plane crashed into Africa’s largest lake on approach to an airport in northwestern Tanzania, Radio One cited Prime Minister Kassim Majaliwa as saying. The ATR turboprop aircraft was carrying 39 passengers from Tanzania’s commercial …

7 11, 2022

Online Startup Waada Buys Rival to Become Pakistan’s Largest Insurtech

By | November 7th, 2022|Uncategorized|Comments Off on Online Startup Waada Buys Rival to Become Pakistan’s Largest Insurtech

Pakistani online insurance startup Waada acquired a local rival to create the South Asian nation’s largest player in the field, seeking to benefit from growth in the burgeoning market. The Karachi-based company took over MicroEnsure Pakistan, a unit of MIC …

7 11, 2022

Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey

By | November 7th, 2022|Uncategorized|Comments Off on Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey

Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen …

7 11, 2022

Insuring Cannabis Summit: Carriers Seeing Evolution of the Space

By | November 7th, 2022|Uncategorized|Comments Off on Insuring Cannabis Summit: Carriers Seeing Evolution of the Space

Michael Hall was an early insurance carrier entrant into the insuring cannabis space. Yet, even as it has grown and his competition increases, he doesn’t seem to worry about losing business to competitors or the potential of having to operate …

7 11, 2022

Brazil’s BB Seguridade Raises Full-Year Forecasts as Q3 Profit Jumps 69%

By | November 7th, 2022|Uncategorized|Comments Off on Brazil’s BB Seguridade Raises Full-Year Forecasts as Q3 Profit Jumps 69%

Brazilian insurer BB Seguridade Participacoes SA raised some full-year forecasts on Monday after reporting a 69% jump in third quarter profit on the back of a strong commercial performance in insurance, pension plans and premium bonds. BB Seguridade, which is …

7 11, 2022

Allstate in Talks to Return Headquarters to Chicago From Suburbs

By | November 7th, 2022|Uncategorized|Comments Off on Allstate in Talks to Return Headquarters to Chicago From Suburbs

Allstate Corp. is in talks about moving its headquarters to Chicago after selling the majority of its suburban campus earlier this year, potentially returning to a city that it quit decades ago. The insurer has held discussions with Chicago officials …

7 11, 2022

Cheerleading Company Denies Abuse Involvement, Hires Big Gun Attorney

By | November 7th, 2022|Uncategorized|Comments Off on Cheerleading Company Denies Abuse Involvement, Hires Big Gun Attorney

The American cheerleading company behind the sport’s top uniforms, camps and competitions is vehemently denying accusations that the enterprise helped facilitate alleged sexual abuse at gyms across the Southeast outlined in a series of federal lawsuits, and has hired a …