Researchers Find Drones Can Cause Significant Damage to Aircraft November 29, 2017 By Alan Levin The millions of small civilian drones plying the nation’s skies can cause significant damage to airliners and business jets in...
Hurricane Season Is Coming to a Close… Maybe November 29, 2017 By Brian K. Sullivan In 166 years, only 17 tropical storms and six hurricanes have formed in the Atlantic after the official Nov. 30...
Worldwide Facilities to Offer CBIC Design Professionals Program November 29, 2017 Worldwide Facilities has been appointed by CBIC, an RLI Company, to offer its insurance program for design professionals. The program’s...
Patriot National to Reorganize for Acquiring Lenders; Subsidiaries to File Chapter 11 November 29, 2017 By Amy O'Connor Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization...
Wells Fargo Closing Down Its Personal Insurance Business November 28, 2017 By Andrew G. Simpson Wells Fargo & Co. announced it is exiting the personal insurance business and will immediately begin winding down its marketing....
State Auto’s Extension of CEO LaRocco’s Contract a Vote of Confidence in Turnaround Strategy November 28, 2017 By Andrew G. Simpson Mike LaRocco, who took over president and CEO of State Automobile Mutual Insurance Co. in May 2015, has won the...
Guy Carpenter Chairman Newhouse to Retire at Year End November 28, 2017 By Mark Hollmer Guy Carpenter Chairman Britt Newhouse is retiring at the end of 2017, a company spokesperson has confirmed. Newhouse has been...
Puerto Rico Agrees FEMA to Approve How Disaster Aid Is Spent November 28, 2017 By Jonathan Levin and Rebecca Spalding Puerto Rico Governor Ricardo Rossello said the island has agreed to give the Federal Emergency Management Agency unprecedented power to...
Trump Disaster Aid Includes $12B for Cities Battling Climate Change Flooding November 28, 2017 By Ari Natter Hidden in the Trump administration’s $44 billion emergency budget request is a plan to expand an Obama-era effort to make...
2017 Hurricane Season Ranks as Costliest Ever for U.S. November 28, 2017 By Brian K. Sullivan This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the...