Industry News

Claims Journal

50 Restaurants, Hotels Across Arizona Hit with Data Breach

Feb 20, 2019 A data breach may have compromised the personal information of customers who patronized any of 50 Arizona businesses last month. North Country Business Products says an...

Supreme Court Declines to Hear Bill Cosby Accuser’s Defamation Claim

Feb 20, 2019 The Supreme Court is declining to revive a defamation lawsuit against Bill Cosby that was filed by a woman who says he raped her and later spread lies about...

Oakland’s Catholic Diocese Names 45 ‘Credibly Accused’ of Sexual Abuse

Feb 20, 2019 The Catholic Diocese of Oakland, California, has released the names of 45 priests, deacons and religious brothers who officials say are “credibly accused...

Town Remembers 10 Girls Killed in Factory Explosion 130 Years Ago

Feb 20, 2019 Margaret Bau was shivering as she remembered stories about her great-grandmother Gwendolyn Lake, the mother of one of 10 girls and young women who died horrible...

Best's Reviews

Despite Higher Cat Activity, Scor Posts 12.6% Group Net Income Rise

Feb 20, 2019 Despite what it described as the second straight year of higher natural catastrophe activity, Scor SE reported a 12.6% increase in group net...

Allianz Asia Reported 30% Rise in Operating Profit in 2018

Feb 20, 2019 Allianz S.E. said its Asia operations saw a 30% rise in total operation profit to €354 million (US$402 million) in 2018, according to a statement from...

Philippine Regulator Allows Insurers to Invest in Infrastructure Projects

Feb 20, 2019 The Philippine regulator has allowed insurance companies to invest in the government’s infrastructure projects to enable them to diversify...

Myanmar Sets Deadline for Foreign License Applicants

Feb 20, 2019 Proposals for setting up wholly owned foreign life insurance companies in Myanmar are to be submitted by March 1, while expressions of interest relating to...

Insurance Journal

Rental Vacation Home Owners in Hawaii Sued over Fines

Feb 20, 2019 Kauai officials are suing the owners of a vacation home, claiming they are violating county zoning ordinances for using the property as a short-term rental. The Garden Island...

Data Breach in Arizona Hits Restaurants, Hotels

Feb 20, 2019 A data breach may have compromised the personal information of customers who patronized any of 50 Arizona businesses last month. North Country Business Products says an...

Ironshore’s Shrubb Joins AXA XL’s Terrorism Insurance Team in U.S.

Feb 20, 2019 Morgan Shrubb has joined AXA XL Insurance as underwriting manager for War, Terrorism & Political Violence insurance. Shrubb joins AXA XL from Ironshore...

C&S Insurance Acquires Massachusetts’ Francis M. Walley Insurance Agency

Feb 20, 2019 C&S Insurance has acquired Dedham, Mass.-based Francis M. Walley Insurance Agency. Since assuming ownership in 2012, C&S Insurance second-...