SpaceX Keeps Insurance Terms Secret September 6, 2016 By Irene Klotz Israel’s Space Communication Ltd. said on Sunday it could seek $50 million or a free flight from Elon Musk’s SpaceX...
Judge Nixes Users’ Privacy Class Action Against Facebook September 6, 2016 By Joel Rosenblatt Facebook Inc. defeated a bid for a group lawsuit claiming the company illegally gave its users’ personal information to advertisers,...
West Virginia Residents Sue Over 17K Gallon Chlorine Leak From Plant September 6, 2016 West Virginians are suing one of the nation’s largest chlorine producers after a cloud of chlorine gas leaked from a...
NAIC Re-Accredits Alabama Department of Insurance for 5-Year Term September 6, 2016 The Alabama Department of Insurance (ALDOI) announced Aug. 31 that it has been re-accredited by the National Association of Insurance...
AIG Reported to Be Selling Its Last Shares in China’s PICC Insurer September 5, 2016 American International Group (AIG) is seeking to raise about $190 million by selling its remaining shares in China’s PICC Property...
Northeast Coast Spared Hermine’s Worst September 5, 2016 By Laila Kearney Atlantic storm Hermine drifted north on Monday off the U.S. East Coast, still packing near-hurricane strength winds but far enough...
NAIC Dignitaries Remember Former California Commissioner Kinder September 2, 2016 By Don Jergler On a recent morning at the National Association of Insurance Commissioners meeting in San Diego, Calif., a group of people...
Everest Re Group Names Schaetti as Head of Casualty U/W, Zurich Branch September 2, 2016 Everest Re Group, Ltd. announced that Robert Schaetti will join the Zurich branch of Everest Re Group as head of...
Insurers Seen ‘Easily’ Handling Hermine Losses September 2, 2016 By Katherine Chiglinsk Hurricane Hermine, which is poised to land in Florida Friday, may result in “manageable” losses for the insurance industry, according...
Blockchain – Where Hype Meets Potential Magic: Opinion September 2, 2016 By Elaine Ou Blockchain, the technology behind Bitcoin and other digital currencies, isn’t quite as novel or omnipotent as many have advertised it...