High School Student Sued for Activating Virginia Hotel Room Sprinkler June 26, 2019 A hotel’s insurance company has sued a high school student it claims caused more than $690,000 in damage by activating...
Philadelphia Refinery Fire Out, Probe into Cause of Blaze to Begin June 26, 2019 A fire in a Philadelphia refinery struck by explosions and a pre-dawn blaze last week has now been extinguished as...
BHSI Names QBE’s Walker as UK Head of Customer and Broker Engagement June 26, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its team in the UK with the appointment of Mark Walker...
Arthur J. Gallagher to Acquire Minority Stake in Prague-Based Broker Renomia June 26, 2019 Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The...
Telecoms Have Lost Vast Data to Chinese Hackers Over 7 Years, Security Firm Says June 26, 2019 By Ari Rabinovitch and Tova Cohen Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in...
Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks June 26, 2019 A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed...
Ex-AIG Employees, Seeking Back-Bonuses of $100M, Win British Court Ruling June 26, 2019 By Jonathan Browning A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle...
Jury Awards $3M-Plus in Michigan Misdiagnosed Epilepsy Case June 26, 2019 By Ed White A Michigan jury has awarded more than $3 million to a woman who was misdiagnosed with epilepsy, one of hundreds...
Senators Eye Making Tech Giants Reveal How Much Customers’ Data Is Worth June 26, 2019 By Marcy Gordon As Congress bears down on big tech companies, two senators want to force giants like Google, Facebook and Amazon to...
Data-Driven Insurance Future Clouded by Data Ownership Uncertainty June 26, 2019 By Jim Sams Insurers need to learn to share their data if they want to take full advantage of the mountain of information...