News – Insurance Journal
|Q2 Insurtech Funding Rises to $1B: Willis Towers Watson/CB Insights Report
Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson and CB …
POSTED JULY 24, 2017 2:14 PM
|UK Faces Future of Record-Breaking Wet Winters, Floods: New Climate Models
Britain faces a future of record-breaking wet winters, potentially leading to more of the widespread flooding seen in recent years, according to new modeling that incorporates changing climate patterns. England and Wales now have a 34 percent chance of record …
POSTED JULY 24, 2017 1:54 PM
|Experts Examine Quake Damage on Greek Island of Kos
Crews of experts began examining the damage to cultural monuments and infrastructure on the eastern Greek island of Kos on Saturday, a day after a powerful earthquake killed two tourists and injured nearly 500 others in the Aegean Sea region …
POSTED JULY 24, 2017 1:35 PM
|Brit Global Specialty Assumes Renewals for Legacy Catlin’s U.S. Yacht Business
Brit Global Specialty USA said it has reached an agreement for the exclusive renewal rights for part of XL Catlin’s directly written yacht portfolio. The agreement relates to legacy policies written by Catlin, prior to its acquisition by XL. BGSU …
POSTED JULY 24, 2017 1:32 PM
|Markel Appoints HDFC Ergo’s Mathur to Lead Entry into Indian Market
Specialist insurer Markel International has appointed Deepika Mathur to lead its entry into the Indian market. Capacity will be provided by Markel’s Syndicate 3000 at Lloyd’s and business will be written through the Lloyd’s India platform, based in Mumbai. The business …
POSTED JULY 24, 2017 1:17 PM
|AIR Worldwide Launches Severe Thunderstorm Model for Australia
Catastrophe risk modeling firm AIR Worldwide announced it has released a severe thunderstorm model for Australia, which captures all three sub-perils – hail, tornado and straight-line wind – to help companies assess and manage severe thunderstorm risk. The AIR Severe …
POSTED JULY 24, 2017 1:04 PM
|Man Indicted in Scheme to Sell Paintings from Massachusetts Art Heist
A Boston federal jury has indicted a West Virginia man on charges he tried to sell paintings he did not have access to and falsely claimed were stolen in the largest art heist in U.S. history. Prosecutors allege that 47-year-old …
POSTED JULY 24, 2017 12:35 PM
|Maryland Plans Lawsuit Against EPA Under Clean Air Act
Republican Gov. Larry Hogan’s administration announced plans Thursday to sue the Environmental Protection Agency, if the agency doesn’t respond to Maryland’s request to make sure power plants in neighboring states use pollution controls. Ben Grumbles, secretary of the Maryland Department …
POSTED JULY 24, 2017 12:32 PM
|New Jersey’s Brooks Insurance Agency Hires Hoover
Brooks Insurance Agency, a Manalapan, N.J.-based multi-line wholesale insurance agency, has hired Ben Hoover as vice president and broker. Hoover joins the team with a commitment to providing the best service to current and future clients as Brooks Insurance Agency …
POSTED JULY 24, 2017 12:24 PM
|Insurers Pummeled by Car Dealers’ Claims for Hail-Damaged Vehicles
A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars’ worth of claims for an insurer to cough up. Damage …
POSTED JULY 24, 2017 11:54 AM
CNN.com - RSS Channel - HP Hero
|President's own comments about Sessions' recusal in Russia probe raised pressure on the Attorney General
President Donald Trump on Monday described Attorney General Jeff Sessions as "beleaguered" as he tweeted about his frustration with the Russia probe.
POSTED JULY 24, 2017 1:40 PM
|Sessions responds to Trump's rebuke
Attorney General Jeff Sessions responds to President Trump saying that he would not have picked Sessions to be attorney general if he had known Sessions would recuse himself over matters related to the 2016 campaign.
POSTED JULY 20, 2017 2:42 PM
|Kushner: 'I did not collude' with Russians
POSTED JULY 24, 2017 12:40 PM
|Read Kushner's statement on Russia to congressional committees
Bolding below included as submitted in statement
POSTED JULY 24, 2017 1:17 PM
|What you need to know about Kushner's statement
President Donald Trump's son-in-law and senior adviser Jared Kushner released a statement Monday morning to the Hill intelligence committees about his contacts with Russians during the presidential campaign and transition.
POSTED JULY 24, 2017 12:43 PM
|What Trump's team is saying about Russian sanctions
POSTED JULY 24, 2017 11:05 AM
|Conway, Stelter spar over Russia coverage
Kellyanne Conway tells CNN's Brian Stelter that she disagrees with the level of attention the media is giving to Russia's interference in the 2016 election.
POSTED JULY 23, 2017 4:18 PM
|Senator: Trump's Russia stance 'bizarre'
In an interview with Jake Tapper, Sen. Al Franken responds to President Trump's continued doubts over the Russian interference in the 2016 election.
POSTED JULY 23, 2017 4:50 PM
|Opinion: Democrats lay out plan for the economy
Not a day goes by without another allegation or reckless tweet fueling the dysfunction of a deeply divided Republican Congress that fails to govern while hardworking families across the country are left behind. Mired in controversy, Washington Republicans are unable to uphold the basic bargain they made with the American people when they were elected: to fight to create new good-paying jobs and support sustained economic growth.
POSTED JULY 24, 2017 12:12 PM
|Charlie Gard's parents give up battle to take son to US
The parents of the terminally ill British baby Charlie Gard have given up their legal fight over treatment for their son.
POSTED JULY 24, 2017 2:22 PM