Yearly Archives: <span>2017</span>

Two Workers Die in Separate New York Building Construction Site Falls

Two construction workers, one of them a father of five children, fell to their deaths at separate building sites on Thursday. The first death occurred in the morning at a residential high-rise construction site in the financial district. Juan Chohillo …

Woman Dies in New Jersey After Getting Caught in Jose-Spawned Rip Current

Authorities say a New York woman who was pulled unconscious from rough waters at a New Jersey shore beach this week has died. Asbury Park police say 42-year-old Erin Higgins, of Harriman, and 54-year-old Ronald Renshtie, of Wallkill, New York, …

Lloyd’s Broker AFL Creates Energy Practice Led by Quick & Pearce from Tysers

AFL Insurance Brokers Ltd. (AFL) has created an energy practice headed by London market broking professionals Dominic Quick and Simon Pearce. AFL’s energy practice will serve both AFL’s clients and customers from other independent brokers connected to AFL through the …

Japan Post’s Stock Sale Raises $11B, but Demand Is Subdued

A government sale of Japan Post Holdings Co. stock raised $11 billion in the world’s second-biggest share sale this year, with the postal and financial giant’s attractive dividend yield helping drum up sufficient, albeit subdued, demand. The stock priced at …

Bank of England Seeks Brexit Deal to Cover Derivative, Insurance Contracts

The Bank of England said an agreement is needed as part of the Brexit process to protect the “long-term validity” of 20 trillion pounds ($27.1 trillion) of existing derivative contracts. The BOE’s Financial Policy Committee said on Monday that after …

Blue River Underwriters Launches Free Online Fire Sprinkler Contractor Safety Portal

Atlanta, GA, September 25, 2017 — The Blue River Underwriters’ Fire Sprinkler Elite program launched a free online safety portal to provide risk management resources for its fire sprinkler contractors’ insurance program participants. As the only program endorsed by the …

Oversight Panel Makes No Changes in Systemic Risk Tags on Insurers

A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems “systemically important.” The Financial Stability Oversight Council convened Friday to potentially remove …

Legal Experts See Room for Deal in Equifax Data Breach Lawsuits

Equifax Inc. could get away with paying a mere $1 per person after failing to protect almost half of America’s credit data. While the 118-year-old credit-reporting firm has been hit with more than 100 consumer lawsuits over its massive security …

Senate GOP Appears Short of Votes to Pass Graham-Cassidy Health Care Bill

Senators sponsoring a last-ditch Obamacare repeal bill raced to save it from near-certain death Sunday, circulating a new version aimed at winning over several GOP holdouts. Some of the changes, which come as Republicans face a Sept. 30 deadline to …

Despite Indefensible Process, Senate Should Pass Graham-Cassidy Health Care Bill: Viewpoint

Before Obamacare, state governments were the chief regulators of health insurance. Obamacare put the federal government in that role. The latest Republican health-care bill, sponsored by Senators Lindsey Graham, Bill Cassidy and others, would partially reverse that shift in authority. …