Insurance News from July 24, 2019
National News
U.S. Announces $5 Billion Fine Against Facebook, Other Privacy Settlement Terms
Facebook Inc. will pay a record-breaking $5 billion fine to resolve a government probe...
International & Reinsurance News
Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million
Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte...
Rhine River Shipping Faces Another Historic Shutdown as Drought Hits Water Levels
Group of German Companies – Including BASF, Siemens, Roche – Hit by Cyber Attacks
Japan Post’s Share Sale Could Be Delayed by Scandal at Insurance Unit
Madrid Court Rules Deliveroo Food-Delivery Couriers Are Employees, Not Freelancers
East News
Construction Crane Collapses on House, Apartment Building in New Jersey
Strong winds may be to blame for the collapse of a construction crane in New Jersey....
West News
California Financial Advisor Sentenced to 10 Years for Embezzling $1M
California financial advisor Tom Fallon, 65, has been sentenced in Long Beach Superior...
Southeast News
Addressing Florida’s Rising Tide of Flood Exposures
In the past five years, all 50 states have experienced some type of flooding. Flooding...
Texas / South Central News
Report: Millions of Gallons of Waste Created by Texas Petrochemical Fire
The cleanup of millions of gallons of waste and polluted water is far from over four...
Midwest News
U. of Wisconsin System to Pay $325K Sex Harassment Suit Settlement
The University of Wisconsin System will pay a former student $325,000 to settle claims...