How Brexit Raises Risk of Financial Instability for U.S. July 26, 2016 The U.S. financial system faces greater potential instability due to Britain’s decision to leave the European Union while low and...
Everest Re Group Reports Q2 Net Income of $155.7M vs. $209.1M in Q2 2015 July 26, 2016 Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share,...
Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth July 26, 2016 Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability. Scott...
Ship Hits Wall of Newly Expanded Panama Canal in 3rd Incident in a Month July 26, 2016 By Liz Hampton and Marianna Parraga A Chinese container ship hit a wall of the new lane of the Panama Canal, a Canal Authority official and...
AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases July 26, 2016 Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of...
Amazon and UK Government Form Partnership to Test Drone Deliveries July 26, 2016 By Gwen Ackerman Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system...
North Carolina Starts Online Program to Dismiss Traffic Tickets July 26, 2016 North Carolina courts have launched an online program to dismiss traffic tickets. The News & Observer of Raleigh reports that...
Mississippi Nissan Plant Fined for Safety Violations July 26, 2016 The U.S. Occupational Safety and Health Administration has cited the Nissan plant in Canton, Mississippi, for two violations. WLBT-TV reports...
Citizens Implements $1.8M Estimate Review Program for Florida Water Loss Claims July 26, 2016 By Amy O'Connor Florida’s insurer of last resort, Citizens, has expanded its efforts to curb increasing water loss claims with a new Water...
Tropical Storm Darby Makes Landfall on Big Island of Hawaii: AIR July 25, 2016 Tropical Storm Darby, which formed off the coast of Mexico on July 11, quickly reached hurricane status as it moved...