Monthly Archives: <span>December 2018</span>

New York Contractor Convicted of Hiring Hit Men for Killing

A Schenectady, N.Y., contractor has been convicted of first-degree murder in a scheme to kill a man for life insurance money. A jury convicted 54-year-old Tarchand Lall on Wednesday for hiring hit men from Delaware to kill Charles Dembrosky, who …

AnaCap Equity Firm to Sell French Broker AssurOne Group

AnaCap Financial Partners, a private equity firm, has agreed to sell French insurance broker AssurOne Group to Societe Centrale Prevoir SA, an asset management firm based in Paris. AOG specialises in online distribution and management of personal insurance products. AnaCap …

Schumer Says Farm Bill Will Help New York Dairy Farmers

Sen. Chuck Schumer says the sweeping farm bill approved by Congress will help New York dairy farmers. The Senate’s Democratic leader says the bill invests $100 million in the federal dairy insurance program to help make it work better for …

UN Talks Seeking Climate Rulebook Reflect U.S.-China Tension

China accused some of the richest nations in the world of “backsliding” on pledges to clean up pollution and provide $100 billion a year in climate-related aid by 2020. The comments at a United Nations conference on global warming in …

Markel’s Maher Joins AXIS Cyber Team

AXIS Insurance announced the hiring of Andrew Maher as senior cyber underwriter. Maher joins AXIS from Markel in London, where he spent two years as a senior cyber underwriter. He began his career at Beazley, where he held several underwriting …

Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise

Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively new exposures subject to changing regulations and coverages, producers marketing themselves as experts could face scrutiny, lawsuits …

Toy Wars: Lego Sues to Halt Sales of Zuru ‘Copycat’ Figurines at Walmart

Lego A/S wants to make sure any plastic toy figurine unwrapped in an American home during the holidays isn’t what the toymaker calls a copycat of its own products. The Danish toymaker is asking a federal judge in Connecticut to …

Possible Drone Strike on Aeromexico Jetliner Under Investigation

Grupo Aeromexico SAB is investigating whether a drone slammed into a Boeing Co. 737 jetliner as the aircraft approached its destination in Tijuana, Mexico, on the U.S. border. Images on local media showed considerable damage to the nose of the …

Analysts See Autonomous Flying Vehicles Taking Off

Flying cars, long a staple of science fiction, may be landing in the real world sooner than you think. Sleek vehicles floating above their more chaotic, terrestrial siblings are common trope in stories of a more technologically advanced future that …

Florida Judge Rules Deputy Had Duty to Protect in Parkland School Shooting Suit

A judge has rejected a deputy’s claim that he had no duty to confront the gunman during the school shooting in Parkland, Florida. Refusing to dismiss a lawsuit filed by the parent of a victim, Broward Circuit Judge Patti Englander …