According to catastrophe modeling firm AIR Worldwide, Typhoon Neoguri made its closest approach to Japan’s southern Okinawa islands last night, lashing the islands with torrential rain and strong winds. The storm wind speeds were close to 180 km/h [112 mph]. …
The Senate is advancing legislation that would let companies and the U.S. government share information about hacking threats, even as privacy advocates say the plan could enable the National Security Agency to sweep up information about innocent Americans. Bank of …
Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield in its latest report on the insurance-linked securities (ILS) sector, reveals that 12 catastrophe bonds closed during the second quarter of 2014 with a …
The National Collegiate Athletic Association suggested curbing full-contact football practices, echoing a policy instituted by the Ivy League in 2011. The recommendation is among a set of guidelines created to “generate a cultural shift within college athletics,” the NCAA said …
San Jose, Calif.-based Suhr Risk Services has named Wente Tran an employee benefits account executive. Tran will help develop the firm’s portfolio of regional and national employee benefits accounts. Tran spent the last eight years at Melita Group, where she …
Masiello Insurance Agency Inc., an independent agency based in New Hampshire, promoted Donna Croteau to president.
Thousands of Massachusetts motorcycle owners will receive a total of $14.6 million in insurance refunds as a result of a settlement with Commerce Insurance Company after allegedly being overcharged on their policies. The settlement was announced by Massachusetts Attorney General …
A new study explains how just four wells forcing massive amounts of drilling wastewater into the ground are probably shaking up Oklahoma. Those wells seem to have triggered more than 100 small-to-medium earthquakes in the past five years, according to …
A Mount Ida, Ark., man has pleaded guilty to money laundering and wire fraud and prosecutors say he’ll serve five years in prison followed by supervised release and must pay back more than $7 million in restitution. But federal prosecutors …
Proposed regulations for food trucks in a northwestern Ohio city have gone back to the mayor for more discussion after opposition from supporters of the mobile businesses. The Blade newspaper in Toledo reports that Toledo City Council declined to vote …
