Insurance Roundup, December 6, 2018


News – Insurance Journal Insurance Journal delivers the latest business news for the Property/Casualty insurance industry

News – Claims Journal Insurance news and resources for the claims industry

  • Marriott CFO Says $1B Cyber Breach Estimate Premature

    by Patrick Clark on 2018-12-06 at 09:10It’s too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect proxies, said Chief Financial Officer Leeny Oberg at […]

  • Nearly Every E-Scooter Comes From One Chinese Company

    by Mark Bergen and Joshua Brustein on 2018-12-05 at 14:19Scooter-sharing company Lime recently relayed a troubling messaging to its users: a portion of its fleet was at risk of bursting into flames. The startup recalled about 2,000 vehicles, less than one percent of its scooters, following its Oct. 30 […]

  • Millions More Pounds of Ground Beef May Be Tainted

    by Lydia Mulvany on 2018-12-05 at 14:09Before biting into that medium-rare burger, consumers are being advised to check when and where the beef was packed. There’s a national salmonella outbreak going on, and a JBS SA plant in Tolleson, Arizona, is now recalling about 12 million […]

  • April Trial Expected for Men Charged in Deadly California Warehouse Fire

    by PAUL ELIAS on 2018-12-05 at 13:34Two men who face criminal charges for a Northern California warehouse fire that killed 36 people were ordered Monday to stand trial on April 2. Retired Alameda County judge Vernon Nakahara was also assigned to preside over the trial during […]

  • Federal Agency Vows Pursuit of Individual Execs in Probes

    by Tom Schoenberg on 2018-12-05 at 09:56The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod Rosenstein said. “Under our revised policy, pursuing individuals responsible for wrongdoing will be a top priority in every corporate investigation,” […]

  • Rare December Tornadoes in the Central U.S. Leave 1 Dead

    on 2018-12-05 at 09:36Residents in central Illinois on Sunday assessed the damage after rare December tornadoes, including one the day before that was a half-mile-wide, ripped roofs off homes, downed power lines and injured at least 20 people. The severe weather in Illinois […]

  • The Hartford: Employers Need to Address Opioids in the Workplace

    on 2018-12-05 at 09:21A recent survey by The Hartford shows the opioid epidemic is having a tangible and growing impact on employers of all sizes nationwide, and a majority of U.S. workers and Human Resources (HR) professionals feel they have limited knowledge and […]

Property Insurance Coverage Law Blog THE POLICYHOLDER’S ADVOCATE®

Global Risk Insights Political Risk for the 21st century

  • International agreements: a sprinkle of optimism

    by Fabian Bak on 2018-12-04 at 20:15Global headlines tend to focus on an increasingly hostile trade environment and withdrawals from trade agreements. However, this article examines the lesser known progress being made across the globe, which can foster a positive tone for international cooperation. The post International agreements: a sprinkle of optimism appeared first on Global Risk Insights. […]

  • Sri Lanka: economic and political fragility

    by Malvika Singh on 2018-12-03 at 22:52The Sri Lankan democracy has recently been burdened by a presidential coup. President Sirisena has overstepped his constitutional limits to sack the sitting Prime Minister and unilaterally appoint a new one. Instead of seeking parliament’s approval, he dissolved the House and announced snap elections for January 2019. The post Sri Lanka: economic and political fragility appeared first on […]

  • An unlikely partnership in New Zealand leads the way on biosecurity

    by Hali Czosnek on 2018-11-30 at 00:15Biosecurity New Zealand and Onions New Zealand have begun to work together to ensure that they are prepared for biological threats – a partnership that could serve as an example for other countries. The post An unlikely partnership in New Zealand leads the way on biosecurity appeared first on Global Risk Insights. […]

  • India’s Bid for the Nuclear Suppliers Group

    by Malvika Singh on 2018-11-29 at 21:54Becoming a member of the exclusive Nuclear Suppliers Group (NSG) would be a major coup Modi as his government heads into general elections in 2019. While most of  48 members have endorsed the Indian bid, China continues to veto India’s ability to join the Group by stating it is not an Non-Proliferation Treaty signatory. The post India’s Bid for the Nuclear Suppliers Group […]

  • A true European army is coming

    by Louis Cox-Brusseau on 2018-11-27 at 23:48French President Emmanuel Macron’s recent call for the creation of a ‘true European army’ was echoed in dramatic fashion by German chancellor Angela Merkel in mid-November and has brought the debate over a shared European military back into the public eye. This may mark a watershed moment in European politics. The post A true European army is coming appeared first on Global Risk […]

Canadian Underwriter Insurance and Risk News and Analysis. #1 in Canada

  • B.C. opposition bill looks to private insurers to fast-track ride-sharing

    by Jason Contant on 2018-12-05 at 21:30The Opposition BC Liberals have introduced a bill they say would bring ride-sharing to the province within three months and allow for private insurance coverage, re-igniting debate over public versus private coverage in British Columbia. The minority NDP government introduced… The post B.C. opposition bill looks to private insurers to fast-track ride-sharing appeared first on Canadian […]

  • Brokerage M&A deals heat up in Winter

    by Jason Contant on 2018-12-05 at 21:28Brokerage mergers and acquisitions (M&A) are ramping up in Canada, with two separate deals in Ontario and Saskatchewan announced Tuesday. In Ontario, Burrows Insurance Group Inc., located in Peterborough and Oshawa, Ont., joined BrokerLink. In Saskatchewan, Andrew Agencies Ltd. acquired… The post Brokerage M&A deals heat up in Winter appeared first on Canadian Underwriter. […]

  • Insurer pushing for new auto fraud laws

    by Greg Meckbach on 2018-12-05 at 20:25A major insurer is calling for new laws prohibiting various forms of auto insurance fraud in Ontario. “As an industry we need a new set of provincial offences that will allow for the efficient and effective prosecution of fraud,” said… The post Insurer pushing for new auto fraud laws appeared first on Canadian Underwriter. […]

  • Time to increase auto liability coverage: Lawyer

    by Greg Meckbach on 2018-12-05 at 20:20Ontario’s new government should require motorists to buy more liability coverage than is currently mandatory, a lawyer who represents claimants says. “I think everyone in the insurance industry would agree that $200,000 is far too low,” Joseph Campisi of Vaughan-based… The post Time to increase auto liability coverage: Lawyer appeared first on Canadian Underwriter. […]

  • Frost: The New Peril

    by Jason Contant on 2018-12-05 at 19:00REGINA – Saskatchewan’s Crown utility says it’s dealing with a power outage crisis in large swaths of the province, including Regina, Weyburn and Moose Jaw. SaskPower warns that service may not be restored until late Tuesday at the earliest in… The post Frost: The New Peril appeared first on Canadian Underwriter. […]

insuranceNEWS.com.au General insurance and financial services news from Australia and around the world

InsureZero Blog All you need to know about Insurance

  • Five Cost-Saving Tips for Your Next Home Improvement Project

    by Sharon Torres on 2018-12-04 at 09:03Home improvement projects can be a great investment in your property, but they often come with surprise costs. Keep the price tag of your renovation or addition down by using these quick tips. Get Your Neighbors and Friends Involved Don’t keep your home improvement project a secret! Share your project goals on social media and […] Five Cost-Saving Tips for Your Next Home Improvement […]


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