Eight Days After Cyberattack, Baltimore’s Network Still Hobbled May 17, 2019 By David McFadden More than a week after a cyberattack hobbled Baltimore’s computer network, city officials said Wednesday they can’t predict when its...
Prosecutor Says Limo Company Operator Knew of Vehicle Problems in New York Crash May 17, 2019 Prosecutors say the limousine company operator charged in connection with an upstate New York crash that killed 20 people was...
Sompo Global Risks Forms Life Sciences Team Led by Ex-OneBeacon Exec Lauer May 17, 2019 Sompo Global Risk Solutions (GRS) has formed a new team offering insurance to clients in the life sciences industry. The...
Senators Urge Allies to Heed Trump’s Warning on China’s Huawei May 17, 2019 By Todd Shields and Daniel Flatley U.S. senators warned allies that Chinese telecommunications companies such as Huawei Technologies Co. can’t meet security standards for advanced networks...
Brazil’s Vale Warns Another Mine Tailings Dam at Risk of Collapse May 17, 2019 By Marta Nogueira Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk...
Aon Makes Leadership Changes in Global Reinsurance Clients Team May 17, 2019 Aon plc announced organizational changes within its Global Reinsurance Clients team, which supports 25 of the largest global insurers. Part...
Jet-Powered Flying Taxi Completes Debut Flight Near Munich May 17, 2019 By Christopher Jasper The world’s first all-electric vertical takeoff and landing passenger jet has been unveiled after completing its first flight. German startup...
AM Best Affirms Ratings of Third Point Re While Revising Outlook to Negative May 17, 2019 AM Besthas revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the...
Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit May 17, 2019 By Huw Jones Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to...
Boeing 737 Max Crashes Could Cost European Insurers $450 Million May 17, 2019 By Will Hadfield and Patrick Winters Europe’s biggest insurers are on the hook for as much as $450 million from a pair of airline crashes involving...