Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding January 17, 2020 By Ezra Fieser The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most...
California Lawmaker Wants Probe of PG&E’s Chief Regulator January 17, 2020 By Michael Liedtke A state lawmaker is demanding an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight...
California Sleep Apnea Company Pays $37.5M to Settle Kickback Lawsuits January 17, 2020 ResMed, a San Diego, Calif.-based company that sells sleep apnea machines, will pay $37.5 million to settle allegations that it...
Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack January 17, 2020 By Noor Zainab Hussain More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign...
USG Adds Aguilar as a Producer in Arizona January 17, 2020 USG Insurance Services Inc. has named Jay Aguilar a producer/broker in commercial lines in the Scottsdale, Ariz. office. Aguilar will...
MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty January 17, 2020 Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos...
Three Massachusetts Workers Shocked When Scaffolding Touches Power Line January 17, 2020 Three people were injured, one critically, on Tuesday when scaffolding they were working with at a Massachusetts home came in...
SterlingRisk Insurance Promotes DelPrete to President of Programs January 17, 2020 SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has promoted Geraldine DelPrete to president of Programs. According to SterlingRisk...
Boeing Employees’ Emails on Pilot Training Could Boost Crash Victim Claims January 17, 2020 By Edvard Pettersson Internal emails from Boeing Co. employees could strengthen the legal case for families claiming the company’s push to minimize the...
Aon’s Quintal Jumps to Marsh’s Financial Institutions Practice January 17, 2020 Insurance broker Marsh announced the appointment of Jacqueline Quintal as a managing director in its U.S. Financial Institutions Practice. In...