Industry Blockchain Initiative B3i Gets Ready to Go Live for January Renewals September 12, 2018 By L.S. Howard The industry’s Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a...
Everest Insurance Adds 3 Members to Cyber Practice September 12, 2018 Everest Insurance has expanded its Everest Specialty Underwriters (ESU) Financial Lines group with the addition of three cyber liability team...
Lancashire Promotes Irvine to Chief Underwriter, Readdy to Group Chief Actuary September 12, 2018 James Irvine has been named chief underwriting officer for Lancashire Insurance Co. Ltd. (LICL) in Bermuda. Lanchashire Holdings Ltd. (LHL)...
Numerous California Marijuana Products Failing Safety Tests September 12, 2018 By Michael R. Blood Nearly 20 percent of marijuana products in California have failed tests for potency and purity since the state started requiring...
Suit: Uber Saved $500M a Year by Misclassifying California Drivers as Independent Contractors September 12, 2018 Uber Technologies Inc. may be saving more than $500 million a year by misclassifying its California drivers as independent contractors,...
Brexit Knocks London Off Its Top Financial Center Perch; New York Benefits September 12, 2018 By Jon Menon New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals,...
Rhode Island Woman Charged With Stealing Funds from Auto Dealer September 12, 2018 A 45-year-old Rhode Island woman has been charged with forging business checks and stealing as much as $400,000 from a...
Massachusetts Woman Sues Utility, Town After Child Hurt by Falling Branch September 12, 2018 A Massachusetts woman whose 2-year-old child was injured when a tree branch fell on her SUV has filed a lawsuit...
Carlyle Group In, KKR Out as Sedgwick Majority Investor in $6.7 Billion Transaction September 12, 2018 Global claims services firm Sedgwick announced today that funds managed by The Carlyle Group have agreed to become the majority...
EU Lawmakers Agree on Internet Copyright Reforms in Blow to Tech Giants September 12, 2018 By Natalia Drozdiak Tech platforms and internet activists protested the outcome of a European Parliament vote Wednesday to back copyright rules that would...