Global reinsurer SCOR has appointed Spencer Alridge as Group chief compliance officer of the company’s Central Group Functions. Alridge will report to Romain Launay, general secretary, as of June 1. He will be based in Charlotte, N.C. Alridge began his …
Although fluctuating oil prices threaten Nigeria’s economic expansion, the country’s insurance sector offers significant potential for foreign investors attempting to build a profile in the market, according to A.M. Best in a special report. In the new report entitled “Nigeria’s …
Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on distribution strengths, a modern and …
Security researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his under seat entertainment unit. Other security researchers say Roberts – …
The El Niño taking hold across the Pacific strengthened, according to Australia’s Bureau of Meteorology, citing indexes of sea-surfaces temperatures that showed the same trend for the first time since the event in 1997-1998. All five NINO indexes, averaged over …
A Union, S.C., woman is accused of setting fire to her mobile home with her two cats still inside. The Herald-Journal of Spartanburg reports the Union County Sheriff’s Office announced the arrest of 28-year-old April Lynn Hudson May 21. Deputies …
A Florida children’s dentist accused of running a “house of horrors” that included performing surgical procedures without anesthetic has agreed to stop practicing dentistry. Dr. Howard Schneider of Jacksonville faces multiple lawsuits and his office has been picketed in recent …
A 2003 law capping medical malpractice lawsuit awards at $500,000 can’t be applied retroactively. That’s what the Supreme Court ruled in a Miami-Dade County case in which a woman suffered permanent damage to her leg from unnecessary surgery in early …
The U.S. auto safety watchdog, long criticized as toothless and slow, is showing both bark and bite under its new boss – a testimony to his credentials as a safety expert and a hardening of the administration’s policy after a …
JetBlue Airways Corp. believes it had no way to know it should have grounded a former pilot before his midair meltdown forced an emergency landing, and that his $14.9 million damages lawsuit should be dismissed. “There is absolutely nothing JetBlue …
