Yearly Archives: <span>2017</span>

Homeowners Often Overlook Mitigating Water Leak Risks: Chubb

The majority of homeowners do not view internal water leak damage as the most concerning home threat, despite the fact that water leaks are a more frequent risk than fire and theft, a new Chubb survey revealed. “The time between …

Chinese Venture Capital Firm, Sinovation Ventures, Boosts Investment in AI

For years, Kai-Fu Lee would share his venture capital firm’s office space in Beijing with startups he was backing so they could get advice and collaborate with each other. But about three months ago, the last of the startups packed …

Ascot Launches P/C Reinsurance MGA: Ethos Specialty Insurance Services

Ascot Group Ltd. (AGL) has launched Ethos Specialty Insurance Services, LLC, a standalone managing general agent (MGA), operating under AGL. Michael Sillat has been appointed as chief executive officer of Ethos, effective Dec. 1, 2017. “The formation of Ethos represents …

Maryland Libraries Are Training Staff to Administer Overdose Antidote

Some library workers in Maryland are learning how to administer an opioid overdose antidote. The Baltimore Sun reports that library systems in Harford, Carroll and Anne Arundel counties have begun offering training to staff in administering naloxone, commonly known as …

Pennsylvania Lumber Fire Took 1.5M Gallons to Douse

A fire chief says a Pennsylvania lumber mill fire took 1.5 million gallons of water to douse, though no workers were hurt in the blaze and only one firefighter suffered a minor injury. Lawn Volunteer Fire Chief Daniel Braden says …

Yahoo to Pay $5.5M After Breaking NCAA Tournament Bracket Deal

Yahoo Inc owes a prize promoter $5.5 million for backing out of a contract to pay $1 billion for predicting every winner in the 2014 NCAA men’s basketball tournament, and entering a similar contract with Quicken Loans Inc and Warren …

Popular Robots Appear Dangerously Easy to Hack, Researchers Say

Some of the most popular industrial and consumer robots are dangerously easy to hack and could be turned into bugging devices or weapons, IOActive Inc. said. The Seattle-based cybersecurity firm found major security flaws in industrial models sold by Universal …

Pennsylvania’s Venture Programs Adds Rawlings as Senior Underwriter

Venture Programs, a national insurance program administrator based in West Chester, Penn., has added Brian Rawlings as senior underwriter to support FITLIFE, its new program for fitness, wellness and spa services. As senior underwriter, Rawlings will be responsible for building …

Brit Global Specialty USA Taps Aspen’s Liening as SVP, Excess Casualty

Brit Ltd. announced it has appointed Jonathan Liening as senior vice president, Excess Casualty, for Brit Global Specialty USA. Liening joins BGSU, effective Aug. 21, and is based in Chicago. He reports to Douglas Trainor. He will focus on writing …

Typhoon Hato Intensifies as It Heads to Hong Kong

Hong Kong was preparing to shutter businesses as Typhoon Hato drew closer to the city, with Cathay Pacific Airways Ltd. scrapping flights and the local observatory warning it may raise the third-highest storm signal at midnight local time. The tropical …