Yearly Archives: <span>2017</span>

Delaware Updates Law to Address Advances in Cyber Threats

Delaware Governor John Carney last week signed into law House Substitute 1 for House Bill 180, legislation that provides the first updates in Delaware law to address advances in cyber threats in more than a decade. The legislation requires additional …

Chubb Taps Allianz’ Gschossmann as Head of Financial Lines

Chubb announced that Johannes Gschossmann has been appointed as head of Financial Lines in Singapore. He joined the company on July 12 and reports to Liam Burrell, division head of Property & Casualty (P&C). Gschossmann brings with him more than …

How Civil Immunity Lawsuit Led to Limits on Taser Use: Reuters Report

One of the biggest commercial threats to Taser International’s signature weapon could come from a lawsuit the company won. Across the United States, wrongful death lawsuits involving Tasers have created a body of case law restricting the use of a …

NexAssure to Launch MGA for Europe, Middle East Business

NexAssure Group is set to open a specialist managing general agent, NexAssure Agency (UK) Ltd. in London and has appointed a senior underwriter Mark Angel as head of Specialty to lead the company’s expansion into Europe and Middle East. Angel …

Trump FEMA Chief Backs Reducing Federal Role in Disaster Relief, Flood Insurance

President Donald Trump’s emergency management director said he’s pushing for an overhaul of disaster relief so that states, cities and homeowners bear more of the costs, and less of the risk falls on the federal government. Brock Long, who was …

A Response to Some Insurtech Claims, Part 2

Last week, we started a conversation about some of the common insurtech claims. Last week, we mentioned the statement from one particular company about all the good that they do. If you missed last week’s post, here’s a link to …

Australia’s CBA Threatened with Large Class Action over Money Laundering Charges

A law firm threatened on Wednesday to file a class action suit against Commonwealth Bank of Australia for allegedly failing to disclose that it was facing money-laundering charges, in the latest headache for Australia’s biggest listed company. Without revealing its …

Severe Typhoon Hato Lashes Hong Kong; Flash Flood Warning Issued

Severe Typhoon Hato made landfall in China after it lashed Hong Kong with heavy winds and rain, forcing the city to issue the highest storm warning and its stock exchange to cancel trading for the day. The Hong Kong Observatory …

Chlorine Tank Ruptured by Stolen Car Kills 2 in Mississippi

County officials in Mississippi say a toxic cloud of chlorine was released when a stolen car crashed into a utility station and killed two passengers. WLOX-TV reports Harrison County Sheriff Troy Peterson says the BMW convertible was stolen roughly one …

Louisville Sues Drug Distributors Over Kentucky Opioid Epidemic

Officials in Kentucky’s largest city have filed suit in federal court against opioid distributors, accusing them of contributing to the drug epidemic in the state. Louisville Mayor Greg Fischer announced the lawsuit Monday, saying that Cardinal Health, AmerisourceBergen and McKesson …