Monthly Archives: <span>September 2016</span>

Weather Service: Tornados Touch Down Hundreds of Miles Apart in Utah

Two tornados touched down hundreds of miles apart in Utah, damaging about two dozen buildings and knocking out power to thousands of people, the National Weather Service Confirmed. The severe weather on Thursday also flooded streets and dropped golf-ball-sized hail …

Oregon Cities Are Considering Clearing Way for Uber

City officials in the Oregon cities of Bend and Redmond are looking to entice Uber to town by changing city ordinances that would pave the way for ridesharing services. The Bulletin reported that both cities are looking into additional and …

California Supreme Court Agrees to Hear Yelp Review Suit

The California Supreme Court has agreed to consider a lawsuit that Yelp.com warns could lead to the removal of negative reviews on the popular site. The court agreed last week to take up an appeal by Yelp of a lower …

Penn State and Insurer Settle Fight Over Payments to Sandusky Sex Abuse Victims

Penn State has settled a court fight with its insurer over payments to victims of the Jerry Sandusky child sex abuse scandal, a case that revealed new allegations about how early late Penn State football coach Joe Paterno knew of …

Maine Headquartered MEMIC Promotes Meinke

The MEMIC Group, a Portland, Maine, headquartered workers’ compensation specialty insurer, has promoted Scott Meinke to executive underwriter for the Atlantic region. Meinke initially joined MEMIC in 2014 as a senior production underwriter, in which he worked to develop business …

Cyber Risk Costs Not Big Enough to Spur Investment by Businesses

The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a new RAND Corp. …

Aspen Re Names Hough as Managing Director for Asia Pacific

Aspen Insurance Holdings Ltd. announced that its reinsurance segment, Aspen Re, has appointed Philip Hough as managing director, Asia Pacific. Hough will be based in Singapore and will report to Aspen Re Chief Executive Officer Thomas Lillelund. Hough joined Aspen …

Independent Insurance Agents & Brokers of America Elects Costello to Executive Committee

Independent Insurance Agents & Brokers of America (IIABA) has announced that John Costello has been elected as an at-large executive committee member. In this role, Costello will work to provide general direction and guidance as a member of the IIABA …

Trump Hotels Settles with New York Attorney General Over Data Breaches

Trump International Hotels Management LLC agreed to pay $50,000 to settle with New York State over data breaches that exposed 70,000 credit card numbers and other personal information, New York Attorney General Eric Schneiderman announced on Friday. The company, which …

Suit Against Yahoo Claims ‘Gross Negligence’ Over Data Breach

Yahoo Inc. was sued on Friday by a user who accused it of gross negligence over a massive 2014 hacking in which information was stolen from at least 500 million accounts. The lawsuit was filed in the federal court in …