California Utility Wants Help Paying Wildfire Victims August 23, 2019 By Adam Beam A troubled California utility company is asking the state Legislature to let it borrow money without paying taxes so it...
Fake Claims, Price Gouging, Bogus Contractors: How Fraudsters Steal Disaster Aid August 23, 2019 By Natalie Anderson, Jake Goodrick and Peter Nicieja As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for...
Motor Vehicle Accident Fatalities Decline August 23, 2019 The four-year upward trend in motor vehicle deaths that began in 2015 is ebbing, with the number of fatalities in...
U.S. Lawmakers Urge Regulators to Treat Cloud Services as Players in Financial System August 23, 2019 By Pete Schroeder Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big...
New Business Up 20% at Insurer AIA on Hong Kong, China Sales August 23, 2019 Asia-focussed insurer AIA Group Ltd on Friday posted a 20% rise in new business for the first half of the...
Following Deadly Blast, Russia Launches Floating Nuclear Reactor August 23, 2019 By Olga Tanas Russia’s Rosatom shipped its first floating nuclear-power reactor on Friday, setting the unit off on a barge journey among Arctic...
China Tops List of U.S. Cybersecurity Agency’s Top Risks August 23, 2019 By William Turton A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as...
Allianz to Buy SulAmérica’s Auto, Other P/C Insurance Operations August 23, 2019 Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million...
Captain of Ferry that Ran Aground in Boston Harbor Off Job Pending Drug Test August 23, 2019 The captain of a commuter ferry that ran aground in Boston Harbor has been placed on leave pending drug test...
Everest Insurance Adds Three Members in Pennsylvania, New York August 23, 2019 Everest Insurance has added three members to the Financial Lines Private Company/Not‐For‐Profit group. This group provides management liability insurance for...