Motor Vehicle Deaths in U.S. Again Top 40,000 February 16, 2018 Motor vehicle accidents claimed 40,100 deaths in 2017, almost the same as in 2016 when 40,327 were reported. The National...
Virginia Woman Gets Four Years for Fraud, Fake Death Notice February 16, 2018 A Virginia woman has been sentenced to four years in prison for an identity fraud scheme that included publishing a...
Maryland Man Sentenced in Felony Theft Scheme with Value of at Least $10K February 16, 2018 Maryland Attorney General Brian E. Frosh has announced that Jamar Marlyn Jones, of Edgewood, Md., pleaded guilty and was sentenced...
XL Catlin Names Carpenter’s Xue as CEO/General Manager of XL Insurance (China) February 16, 2018 XL Catlin announced the appointment of Phil Xue as chief executive officer (general manager) of XL Insurance (China) Co. Ltd....
Zurich, Insurtech Startup CoverWallet Offer End-to-End Insurance for SMEs in Spain February 16, 2018 Zurich Insurance has launched ZurichEmpresas.es, a new digital distribution channel, which initially will provide insurance solutions for small-and-medium-sized enterprises (SMEs)...
Trump’s FTC Appointee Eyes Task Force to Investigate Drug Prices February 16, 2018 President Donald Trump’s nominee to lead the Federal Trade Commission said he’s “very concerned” about price increases for prescription drugs...
Europe’s Windstorm Burglind (aka Eleanor) Estimated to Cost $802.5M: PERILS February 16, 2018 Initial insured losses for Extratropical Cyclone Burglind (also known as Eleanor) are estimated at €643 million (US$802.5 million), according to...
London Unveils New Rules for Uber’s Drivers, Cars; Fleet Insurance Also Eyed February 16, 2018 By Alex Morales London’s transport authority unveiled proposed new rules for private hire taxi companies such as Uber by requiring them to limit...
Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft February 16, 2018 Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike February 16, 2018 By Julie Edde and Andrew Blackman A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz...