Yearly Archives: <span>2017</span>

China to Require Polluters to Pay for Environmental Damage

China plans to roll out nationwide by 2020 a system that forces polluters to repair damage to the environment or pay compensation, the official Xinhua news agency reported late on Sunday. The move, which extends a scheme already piloted in …

Lemonade Raises $120 Million Led by the SoftBank to Fund Global Expansion

Digital insurer Lemonade Inc., announced a $120 million Series C funding round led by the SoftBank Group, with participation from existing investors. The insurance company that is run by artificial intelligence and behavioral economics said it plans to use the …

Chubb Names Booker Major Commercial Lines Property Accounts Senior VP

Chubb has named Matt Booker, as senior vice president, Major Accounts Property, in the United States. In this capacity, he will have responsibility for underwriting, strategy, production, product development, management, and profit and loss performance for Chubb’s retail commercial large …

Prime Authorized to Write Surplus Lines in New York State

Salt Lake City, UT, Chicago, IL, December 19, 2017- Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), recently received approval to write specialty lines insurance coverage in New York state. “We are thrilled …

House Republicans Eye Disaster Aid, Short-Term Funding Bill

House Republicans agreed Monday on $81 billion in disaster relief for areas hit by hurricanes and wildfires, the largest standalone aid bill in recent years, according to a document provided by a Republican lawmaker. The aid likely would be attached …

U.S. Adds 7 Nuclear Sites to ‘No-Drone Zone’ List of Military Bases, Landmarks

The Federal Aviation Administration said Monday it will bar drone flights over seven major U.S. nuclear sites, including Los Alamos National Laboratory in New Mexico. The move is the latest in a series of growing restrictions on unmanned aerial vehicles …

North Carolina Coastal Community Searching for Fire Protection Services

A coastal North Carolina county is trying to find a way to provide fire protection to a remote island after volunteers quit providing service. The Daily Advance of Elizabeth City reports Knotts Island volunteer firefighters quit Nov. 8, citing an …

DUAL Commercial Launches New CyberTech Defense Product

DUAL Commercial, LLC has introduced a new technology-cyber-media program – CyberTech Defense – that provides cyber coverage in conjunction with DUAL Commercial’s other programs, as well as on a stand-alone basis. DUAL Commercial offers cyber/privacy insurance products with limits from …

Greek System at Florida State University Remains Suspended After Frat Death

The president of Florida State University says he has no timetable yet for reinstating Greek activities on campus after they were suspended in November following the death of a fraternity pledge. John Thrasher told The Associated Press in an interview …

Fire at Mississippi Community College Believed to be Arson

Surveillance video shows that an intruder lit the fire that damaged a building at a Mississippi community college. The predawn Thursday blaze damaged more than half of Mississippi Delta Community College’s Stauffer-Wood Administration Building in Moorhead. College spokesman Reed Abraham …