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26 05, 2021

Congress Studying Federal Reinsurance for Cyberterrorist Attacks

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A research arm of Congress is studying the costs of cyber attacks on the U.S. infrastructure and whether the backup provided by the federal Terrorism Risk Insurance Program (TRIP) is adequate for cyberterrorism events. The General Accountability Office (GAO) said …

26 05, 2021

Atlanta Insurance Agents Look to Expand Diversity, Equity, Inclusion Through Coalition

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A group of Atlanta insurance professionals motivated by the racial justice movement in the wake of the murder of George Floyd exactly one year ago have formed a nonprofit with the mission of improving diversity, equity and inclusion efforts in …

26 05, 2021

Texas Seeking Insurer Data on Catastrophe Experience in 2020

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The Texas Department of Insurance (TDI) has issued a data call for information from certain insurance companies writing property insurance in Texas during calendar year 2020. The information will be used by the Texas Windstorm Insurance Association to calculate participation …

26 05, 2021

Fire Displaces 50 People from Delaware Apartment Complex

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More than 50 people have been displaced by a fire at a Delaware apartment, according to the state fire marshal’s office. Officials estimate that Saturday afternoon’s fire at the Lighthouse Hill Apartments complex in Wilmington caused more then $1 million …

26 05, 2021

Renault-Nissan Shuts South India Plant Until May 30 on COVID Safety Concerns

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CHENNAI – Automaker Renault-Nissan will shut its plant in India’s southern Tamil Nadu state until May 30, according to an internal note and two sources familiar with the matter, a day after workers said they would strike over coronavirus-related safety …

26 05, 2021

Maine Lawmaker Sued Over Trees Cut Down on Neighbors’ Land

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A state lawmaker from Maine is facing a lawsuit from neighbors who say she and her husband cut down thousands of trees from their property to build a barn and horse paddock. Sasha and Christopher Malone filed the lawsuit against …

26 05, 2021

U.S. Says Rules on Pilots’ Records Database Being Finalized

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The Federal Aviation Administration said Wednesday it is finalizing rules establishing a long-delayed electronic pilot records database demanded by Congress in 2010 in the wake of a fatal crash. In March, the FAA published proposed rules to establish a new …

26 05, 2021

Phase One of Autonomous Corridor Project Begins in Maryland City

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Drones, robots and self-driving cars were buzzing through downtown Westminster on Thursday for the ribbon-cutting of the first phase of MAGIC’s autonomous corridor project. MAGIC, which stands for Mid-Atlantic Gigabit Innovation Collaboratory, is a technology nonprofit in Carroll County and …

26 05, 2021

People Moves: Embroker Names 2 Execs; Markel Promotes Castriotta; Kaufmann, McPhail Join WTW; Laufer, Pignataro to AGS Executive Team

By | May 26th, 2021|Uncategorized|Comments Off on People Moves: Embroker Names 2 Execs; Markel Promotes Castriotta; Kaufmann, McPhail Join WTW; Laufer, Pignataro to AGS Executive Team

Digital commercial lines insurer Embroker announced the appointment of a chief insurance officer and a chief technology officer. Steve Prymas, Embroker’s new chief insurance officer, brings 20 years of experience to the company, having served as vice president, Specialty Lines …

26 05, 2021

California Seeing More Wildfires as Drought Intensifies

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As California sinks deeper into drought it already has had more than 900 additional wildfires than at this point in 2020, which was a record-breaking year that saw more than 4% of the state’s land scorched by flames. The danger …