July 24, 2019
The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower prescription drug prices on Tuesday that could save $100 billion in costs to government healthcare programs, and said the committee would vote on the …
July 24, 2019
Specialist insurer Hiscox has developed a new security product designed to help protect shipping targeted by nation states. Called “Malicious Vessel Seizure,” the will respond to a single peril of a ship taken by a foreign government, providing loss of …
July 24, 2019
People leave things to the last minute. In college, the papers got written at the last minute. On Monday, people get up at the last minute. Insurance buying happens at the last minute. I believe that’s one of the reasons …
July 24, 2019
The bustling boat traffic on Europe’s Rhine river ground to a halt for the first time in living memory last year, as shrinking alpine glaciers and severe drought made the key transport artery impassable. Those historic conditions could be repeated …
July 24, 2019
Specialist insurer Hiscox has promoted Andrew Hughes to the role of managing principal, Hiscox ILS. His appointment is subject to Department of Immigration and Bermuda Regulatory approval. Hughes has been with Hiscox ILS in Bermuda since 2015, working as general …
July 24, 2019
Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack in March, the firm said on Tuesday, boosting its shares. The Norwegian company’s stock rose as much as 6% in …
July 24, 2019
The government’s plan to sell over $10 billion worth of shares in Japan Post Holdings Co. has been clouded by a scandal at its insurance unit. The subsidiary, Japan Post Insurance Co., is voluntarily refraining from active product sales amid …
July 24, 2019
A Madrid court ruled on Tuesday that couriers for online food delivery group Deliveroo are company employees, not just freelancers, clearing the way for workers to demand a formal contract and corresponding benefits. So-called gig workers, such as food-delivery couriers, …
July 24, 2019
July 24, 2019, Austin, TX—The National Alliance for Insurance Education & Research has rebranded their monthly podcast series. Nat Alliance NOW offers risk and insurance professionals rich, nuanced conversations that deepen learning and support participants of all National Alliance programs. …
July 24, 2019
Federal workplace safety officials have cited a Missouri contractor for exposing employees to trench engulfment hazards and imposed more than $212,000 in penalties. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited R.V. Wagner Inc. – based …