Monsoon Arrival in Arizona Means End of Fire Restrictions July 31, 2020 Fire restrictions within some state land are being lifted because of recent monsoon rain across the northern and southern sections...
The Hartford Achieves Q2 Profit; Next Up Is Cutting Jobs, Investing in IT to Trim Expenses July 31, 2020 By Mark Hollmer The Hartford emerged from the second quarter’s COVID-19 related challenges with an overall profit and a plan to reduce expenses...
Texas Gas Pipeline Erupts After Being Cut by Contractor July 31, 2020 A natural gas pipeline erupted in flames near Houston after it was accidentally cut Wednesday afternoon by a contractor, officials...
Hawaii’s Governor Wants Tighter Rules After Virus Surge July 31, 2020 By Audrey McAvoy Hawaii Gov. David Ige said he wants to reimpose some limits on gatherings and bars to control the spread of...
Magnitude 4.2 Earthquake Confirmed in Los Angeles, But No Damage July 31, 2020 A magnitude 4.2 earthquake shook the Los Angeles region before dawn Thursday the U.S. Geological Survey confirmed, but no significant...
Italian Insurer Cattolica Paves Way for Tie-Up with Generali July 31, 2020 Shareholders in Italian cooperative insurer Cattolica Assicurazioni approved its conversion into a joint-stock company on Friday, paving the way to...
Insurers’ $158 Billion CLO Bet Is Putting the Industry at Risk July 31, 2020 By Katherine Chiglinsky They’ve been billed as a solution to the rock-bottom interest rates weighing down the returns of America’s asset managers. Collateralized...
China-Backed Hackers ‘Targeted’ COVID-19 Vaccine Firm Moderna, Reuters Reports July 31, 2020 By Christopher Bing and Marisa Taylor Chinese government-linked hackers targeted biotech company Moderna Inc., a U.S.-based coronavirus vaccine research developer, this year in a bid to...
PG&E Finds Fire Insurance Tough to Get and Costly After Bankruptcy, Fires July 31, 2020 By Mark Chediak PG&E Corp. is finding it very costly to buy fire insurance after wildfires triggered by its power lines sent the...
Lloyd’s Launches Culture Dashboard, Sets Gender Target for Market July 31, 2020 The Lloyd’s re/insurance market has launched a Culture Dashboard and has set a gender target for the market supported by...