Burns & Wilcox has opened an office in downtown Los Angeles. The office, located at 515 S. Flower St, is the second location in the greater Los Angeles area and seventh major location for Burns & Wilcox in California outside …
A self-driving General Motors Co. Bolt slowly drove more than two miles through crowded San Francisco streets in its media debut on Tuesday, but double-parked cars and orange traffic cones tripped up the computer driver, and a taco truck stumped …
Just over 60 percent of individuals who died from an opioid overdose had been diagnosed with a chronic pain condition, and many had been diagnosed with a psychiatric disorder, a study of more than 13,000 overdose deaths has found. Only …
While U.S. asbestos-related incurred losses dropped in 2016, property/casualty insurers’ payments for asbestos claims grew 9 percent and hit $3.2 billion for the year, a new A.M. Best report concludes. The $3.2 billion figure exceeds the long-term average of $2.4 …
Aon plc has acquired 100 percent interest in Unidelta AG, an insurance broker located in Rapperswil, St. Gallen, Switzerland. Unidelta AG was founded in 2004, and is an independent all-line insurance broker with a strong focus on personal injury management. …
Chubb Limited reported a preliminary loss estimate for the fourth quarter from natural catastrophes, including the California wildfires, of approximately $320 million pre-tax, or $249 million after tax. Chubb said its insured losses for the California wildfires are currently estimated …
Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hired Christopher Rogerson as vice president and manager of its Select Business Unit. He will be responsible for further development of Towne’s Select Business Unit strategy, as …
An accountant who admitted to stealing $3.1 million from agribusiness giant Cargill, Inc. has been sentenced to five years in prison. Diane Backis was sentenced Tuesday in federal court in Albany to mail fraud and filing a false income tax …
The former owner of an upstate New York logging company who stole more than $80,000 in workers’ compensation benefits has been sentenced to up to three years in prison. Fifty-six-year-old David Sigl, of Auburn, N.Y., was sentenced Tuesday in Cayuga …
Willis Towers Watson has launched Igloo 5, an update to its financial modeling platform. The broker said Igloo 5 brings a number of key improvements including: Greatly improved model runtime Ready for use-based licensing and full implementation in the cloud …
