December 18, 2018
Tue, 18 Dec 2018 16:22:58 +0000
Machine-learning research published in two related papers today in Nature Geosciences reports the detection of seismic signals accurately predicting the Cascadia fault’s slow slippage, a type of failure observed to precede large earthquakes in other su...
Tue, 18 Dec 2018 16:04:21 +0000
Global specialty insurer and reinsurer Argo Group International Holdings, has appointed Matt Harris to be group head of the company’s international insurance operations, including the United Kingdom, Europe, Asia, the Middle East and Bermuda. Jose A. H...
Tue, 18 Dec 2018 15:46:08 +0000
According to preliminary sigma estimates from Swiss Re, total economic losses from natural and man-made catastrophes in 2018 declined to USD $155 billion from USD $350 billion in 2017. Global insured losses are estimated to be around USD $79 billion, …
Tue, 18 Dec 2018 15:44:45 +0000
A few cannabis companies are reaping riches after the latest Nevada dispensary licensing round. Green Growth Brands and TapRoot Holdings have each been awarded seven licenses to operate in the state, while GreenMart NLV took home four. Nevada awarded 61 …
Tue, 18 Dec 2018 15:42:14 +0000
A higher percentage of California marijuana products are passing strict safety tests, but the sudden closing of a lab that state authorities found wasn’t correctly checking for pesticides has raised new questions about the system intended to protect th...
Tue, 18 Dec 2018 14:48:29 +0000
The Connecticut Supreme Court is scheduled to hear arguments on whether homeowners’ insurance policies should cover repairs to thousands of homes with crumbling foundations caused by defective concrete. Justices will hear arguments in three cases Tuesd...
Tue, 18 Dec 2018 14:45:33 +0000
Alliant has hired Martin Hayden, Jr. to its Philadelphia team as vice president. In this position, Hayden will provide customized risk and insurance and consulting services to his client base. Hayden is a risk and insurance professional with a focus …
Tue, 18 Dec 2018 14:43:40 +0000
Connecticut Insurance Department Commissioner Katharine Wade plans to step down from her position on December 19, 2018. Connecticut’s incoming Governor-elect Ned Lamont, who is set to take office on January 9, will appoint a new commissioner. Connectic...
Tue, 18 Dec 2018 14:33:34 +0000
Shore Bancshares Inc., a financial holding company headquartered in Easton, Md., and The Avon-Dixon Agency LLC, its wholly-owned insurance producer firm, have entered into an asset purchase agreement with Avon-Dixon, an Alera Group Agency LLC (Alera). ...
Tue, 18 Dec 2018 14:17:58 +0000
Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper ads defending its product and practi...
Tue, 18 Dec 2018 14:05:15 +0000
Britain will begin to put into place plans for an exit from the European Union without any deal in place, with the public and businesses told to prepare now for the eventuality, Prime Minister Theresa May’s spokesman said on Tuesday. …
Tue, 18 Dec 2018 13:50:55 +0000
Two French insurance technology firms, Prima Solutions and Effisoft, have merged. Effisoft is a Paris-based international group that designs software for insurance and reinsurance professionals. The group specializes in reinsurance operations and regul...
Tue, 18 Dec 2018 13:34:35 +0000
Forty years after China began opening itself up to the outside world, the country increasingly seems to be closed for business. A large and growing contingent of the global business community is convinced that China will never allow foreign companies …
Tue, 18 Dec 2018 13:21:49 +0000
Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in apps to go on “phantom rides” with someone else’s profile. From such trips—like a man in Australia who went on …
Tue, 18 Dec 2018 13:12:58 +0000
Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ books, two government-requested reports said on Tuesday. The reports’ proposals mark the most radical at...
Tue, 18 Dec 2018 06:18:43 +0000
Republican legislators have rejected another candidate from Democratic Gov. Roy Cooper for the North Carolina Industrial Commission. The House voted 34-59 on Thursday against confirming Judge Robby Hassell of Greensboro. Cooper nominated Hassell for a ...
Tue, 18 Dec 2018 05:49:03 +0000
Lucas Aloisi has opened a Brightway Insurance Agency located in Parkland, Fla. Brightway, The Aloisi Agency is located at 6600 Parkside Drive, Unit 6680 in Parkland, Fla. The agency offers customized home, condo, renters, auto, flood, RV, motorcycle, b...
Tue, 18 Dec 2018 05:29:54 +0000
Authorities say at least six people were taken to metro Atlanta hospitals with broken bones and other injuries after a home’s back deck collapsed. News outlets report about 15 people were standing on the deck in a Conyers neighborhood when …
Mon, 17 Dec 2018 22:41:21 +0000
Hub International Ltd. has acquired the assets of Apex Insurance Benefits LLC in Blackfoot, Idaho. Terms of the deal were not disclosed. Troy Goodwin, owner of Apex, will join Hub Mountain and report to Tara Tandrow, executive vice president of …
Mon, 17 Dec 2018 22:34:24 +0000
Gorst & Compass Insurance has expanded its Northern California operations with the opening of an office in Napa, Calif. and has named Katie Sholders, senior broker/underwriter in commercial lines, to open the office. Sholders has more than 14 years of …
Mon, 17 Dec 2018 17:20:34 +0000
Former Texas insurance agent Chia Wang has been indicted for an allegedly defrauding an elderly woman in an insurance scam. Wang is facing up to 99 years in prison and up to a $10,000 fine after a grand jury in …
Mon, 17 Dec 2018 17:02:09 +0000
A Texas jury has returned a $25 million verdict against former Dallas Cowboys player Josh Brent and the owner of the now-defunct Beamers nightclub in the death of Brent’s teammate, Jerry Brown Jr. Brown was killed six years ago when …
Mon, 17 Dec 2018 16:51:09 +0000
South Dakota’s state fire meteorologist is part of a coalition using satellite technology to notify fire managers when fuels are abnormally dry. Darren Clabo, a research scientist and instructor at the South Dakota School of Mines & Technology, is coll...
Mon, 17 Dec 2018 16:50:03 +0000
An Arkansas paper mill would pay a $600,000 fine and spend about $4.7 million on environmental projects and plant upgrades to reduce air pollution under terms of a proposed settlement. The proposal with Georgia-Pacific in Crossett was filed in federal …
Mon, 17 Dec 2018 16:48:50 +0000
Authorities say a massive fire has destroyed a 28,000 square-foot warehouse in a Wichita, Kansas, suburb. Television station KSNW reports that the fire at the Park City warehouse was reported around 9 p.m. on Dec. 14. Arriving firefighters found the …
Mon, 17 Dec 2018 16:46:45 +0000
Amy Goughnour, mutual manager for Steele Traill County Mutual Insurance Co. in Finley, N.D., has been elected to serve on the board of directors of Grinnell, Iowa-based Grinnell Mutual. Goughnour has managed Steele Traill County Mutual, which writes bu...
Mon, 17 Dec 2018 15:48:02 +0000
A former Clallam County employee’s sexual harassment lawsuit against a county prosecuting attorney has been settled for $350,000. The Peninsula Daily News reported Tina Hendrickson, and Prosecuting Attorney Mark Nichols signed the pact last week, accor...
Mon, 17 Dec 2018 15:43:29 +0000
A former Los Alamos National Laboratory official pushed out of his job amid controversy over his service on an electric co-op’s board has won a jury verdict against the lab’s former management company. The Santa Fe New Mexican reports that …
Mon, 17 Dec 2018 15:40:46 +0000
A state energy specialist is encouraging those affected by last month’s earthquake in south-central Alaska to retest their homes for radon. Radon is an odorless gas that has been linked to cancer. It is formed when uranium underground decays. Art …
Mon, 17 Dec 2018 15:37:29 +0000
Regulators have accused one of California’s largest utilities of falsifying safety documents for natural gas pipelines for years following its criminal conviction and multimillion-dollar fine for a pipeline explosion that killed eight people near San F...