Germany, land of the no-holds-barred Autobahn, is pushing the next level of transportation: flying cars. Chancellor Angela Merkel’s government signed a letter of intent with executives from Volkswagen’s Audi unit and plane maker Airbus SE to test air taxis in …
Eight passengers have sued Southwest Airlines Co. over a catastrophic engine blowout in April that killed a passenger and injured several others. The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger’s husband, filed suit on Tuesday …
XL Catlin announced the launch of specialty aviation insurance in Mexico. The new product suite will initially focus on general aviation hull and liability risks. With an established presence in Latin America and aviation teams in Brazil, the United States …
Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32 million) worth of coins stolen. The South …
A Florida circuit court has reinstated a stay on smoking medical marijuana. The state’s 1st District Court of Appeal has ruled that the hold will remain in effect “pending final disposition of the merits of (a recent) appeal.” The Department …
Florida’s citrus growers are blaming Hurricane Irma for one of their worst seasons in decades. In a Naples Daily News report, U.S. agriculture officials said Florida’s orange production dropped nearly 35 percent from the previous season. Grapefruit production was half …
Chubb has introduced a new insurance product available to more than 60 classes of artisan contractors through its new digital platform – the Chubb Small Commercial Marketplace, which places and services small business insurance, and features a suite of products …
Gov. Phil Bryant is naming another retired military leader to run Mississippi’s Emergency Management Agency. Bryant said on Monday said he was appointing Gregory Michel as the agency’s director. Michel was the commander of Camp Shelby in Hattiesburg from 2015 …
The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in relation to named storms/hurricanes/subtropical storms. Advisory Letter No. …
Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio State University, a …
