Yearly Archives: <span>2018</span>

15 Most Popular Insurtech Stories

News about insurtechs happens almost every day. This week, innovation and insurtech will be on the minds of many as an estimated 6,000 insurance professionals and entrepreneurs meet in Las Vegas for the InsureTech Connect Conference. Before the news from …

$20K Worth of Tools Stolen from Rhode Island Habitat for Humanity Home

About $20,000 worth of tools has been stolen from a Habitat for Humanity home under construction in Rhode Island. The organization’s fundraising director says locks were broken on a construction trailer at the site in Exeter between last Monday evening …

The Professional Insurance Agents of New Hampshire Elects Officers

The Professional Insurance Agents of New Hampshire Inc. (PIANH) has announced its officers for 2018-2019 at its annual meeting during the PIANH Symposium18, held at the 100 Club in Portsmouth, N.H. Lyle W. Fulkerson of Amherst, N.H., was elected president. …

Emergency Loans Available for Massachusetts Businesses Hurt by Gas Blasts

A $1 million emergency loan fund has been set up for Massachusetts businesses directly impacted by a series of natural gas explosions and fires. Republican Gov. Charlie Baker and officials from Lawrence, Andover and North Andover announced the fund on …

Tesla’s Debt Insurance Cost Rises After SEC Action Against CEO Musk

The cost to insure debt holdings in electric carmaker Tesla Inc. rose to its highest-ever level on Friday as the bond market reflected growing worries about a default, following the news that Chief Executive Elon Musk had been accused of …

Australian Prime Minister Asks Regulator to Prosecute Bankers for Financial Misdeeds

Australian Prime Minister Scott Morrison said on Sunday it was up to the country’s financial regulator to prosecute bankers following the release of a scathing report which found some institutions had pursued profit at the expense of honesty. In almost …

UK’s Tesco Bank Slapped with $21.4M Fine for ‘Foreseeable’ Cyber Attack in 2016

Britain’s markets watchdog has fined Tesco 16.4 million pounds ($21.4 million) for failing to protect account holders at its bank from a “foreseeable” cyber attack two years ago. The Financial Conduct Authority said that in November 2016 cyber attackers exploited …

Guy Carpenter Taps O’Brien from Marsh as Head of Cyber Centre of Excellence

Guy Carpenter & Co. announced the appointment of Siobhan O’Brien as head of the Cyber Centre of Excellence for International and Global Specialties, with effect from Oct. 1. Based in London, O’Brien will lead the International Cyber Centre of Excellence …

Airport Operators Take Action Against Rising Seas, Powerful Storms as Climate Changes

Global airport operators, faced with rising sea levels and more powerful storms as the climate changes, are starting to invest in measures including higher runways, seawalls and better drainage systems to future-proof immovable assets. In early September, a seawall at …

St. Paul, Minnesota, to pay $520K to Woman Attacked by Police Dog

The city of St. Paul, Minnesota, has agreed to pay $520,000 to a woman who was attacked by a police dog last year as she was taking out her trash, one of her attorneys said. The decision to pay Desiree …