Yearly Archives: <span>2017</span>

SEC Hacking Latest in Series of Government Agency Cyber Breaches

A major computer hack at America’s top stock market regulator is the latest sign that data stored in the highest reaches of the U.S. government remains vulnerable to cyber attacks, despite efforts across multiple presidencies to limit high-profile breaches that …

New Bridge Design Tested by Nevada Quake Lab Following Mexico Quake

Scientists at a Nevada earthquake lab this week tested new bridge designs with connectors they say are innovative and created to better withstand violent temblors and speed reconstruction efforts after major quake damage. University of Nevada, Reno engineers performed the …

General Star Names 4 to New Primary Casualty Specialist Team

General Star Management Co. has crated a new Primary Casualty Specialist Team within the Casualty Brokerage Division. The new team will consist of Maria Manuli (Primary practice leader), Ed Felcyn, Michelle Yoshida and Brianna Gatto. Manuli is vice president and …

California Workers’ Comp Division Suspends 6 Medical Providers for Fraud

The California Division of Workers’ Compensation has suspended six more medical providers from participating in the state’s workers’ comp system, bringing the total number of suspended providers to 38. The suspensions were made possible by the passage last year of …

Heffernan Names Grootendorst Branch Manager in Oregon

Heffernan Insurance Brokers has promoted Brenda Grootendorst to branch manager of the firm’s Portland, Ore. Grootendorst, who is a senior vice president in the firm, has more than 30 years of insurance and risk management. Grootendorst was a principal shareholder …

XL Catlin in Iberia Taps Marsh’s Herrero as Head of Political Risk, Credit & Bond

XL Catlin’s insurance operation in Iberia announced new local underwriting capabilities with the appointment of Santiago Herrero as head of Political Risk, Credit & Bond (PRCB) – Iberia. Herrero will be based in Madrid and reports to Dan Riordan, XL …

London Decides to Strip Uber of Its License; Uber Will Appeal

London stripped Uber on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world’s biggest cities. Regulator Transport for …

Natural Disasters Begin to Hit Profits of Global Reinsurers

A profit warning from one of the world’s largest reinsurers is the latest sign that the death and destruction from a spate of hurricanes and earthquakes in North America are now taking a toll on the titans of global finance. …

Official Says Bus in Deadly New York Crash Going Twice the Speed Limit

Federal safety investigators say a charter bus that blew through a red light in New York City and caused a horrific crash that killed three people was traveling at nearly double the posted speed limit. National Transportation Safety Board investigator …

Lawyers Say Vermont Man Whose Kin Died is Withholding Information

Insurance company lawyers say a Vermont man suspected of killing his millionaire grandfather refuses to answer questions about the day his boat sank with his mother onboard. Nathan Carman’s boat sank last year. His mother is presumed dead. In a …