Storms Pummel Large Swath From Ozarks and Plains to New York and New England
LITTLE ROCK, Ark. (AP) — Another wave of severe storms pummeled a wide swath of the United States and Canada leading to flash floods and water rescues Wednesday in the Ozark Mountains, dropping a tornado that ravaged a community in …
SolarWinds Beats Most of SEC Lawsuit Over Russia-Linked Cyberattack
A U.S. judge dismissed most of a Securities and Exchange Commission lawsuit accusing software company SolarWinds of defrauding investors by concealing its security weaknesses before and after a Russia-linked cyberattack targeting the U.S. government. U.S. District Judge Paul Engelmayer in …
Insurers Settle With Hotel in Case of Woman Videotaped in the Shower
Four insurance companies, unable to escape a duty to defend a New York hotel where a young woman was secretly videotaped in the shower in 2015, have reached a settlement in the case that made headlines around the world. Citizens …
Intense Heat Expected to Challenge Records in Pacific Northwest Over Weekend
Intense heat that has been baking parts of the interior Western U.S. is expected to expand into the Pacific Northwest in the coming days, raising the risk of heat-related illnesses and new wildfires, according to an AccuWeather media advisory. Forecasts …
Pilot Dies After Small Plane Crashes Into River on Maryland’s Eastern Shore
EASTON, Md. (AP) — The pilot of a small plane died Tuesday morning after an engine failure caused the aircraft to crash into a river on Maryland’s Eastern Shore, authorities said. The twin-engine Cessna 402 crashed into the water near …
Southwest Airlines, Archer Aviation to Develop Plans for Flying Air Taxis in California
Southwest Airlines and Archer Aviation said Friday they have agreed to develop operational plans for electric air taxi networks at California airports where the Texas-based airline operates. The companies said they have signed a memorandum of understanding to collaborate on …
Vermonters Urged to Report Flood Damage From Beryl to State for FEMA Determination
Vermont’s governor on Tuesday urged residents to report any damage from last week’s flooding to the state, even if they plan to do repairs themselves, so that counties can meet the threshold for individual federal assistance. The flooding from the …
People Moves: Liberty Mutual Re Taps Aon’s De La Mare to Lead New Australia/New Zealand Unit; H.W. Kaufman London Names AIG’s Greensmith to Lead Int’l Portfolio
This edition of International People Moves details appointments at Liberty Mutual Re and H.W. Kaufman Group London. A summary of these new hires follows here. Liberty Mutual Re Taps Aon’s De La Mare to Lead Australia/New Zealand Unit LM Re, …
Outbreak Continues to Grow as Bird Flu Found in Oklahoma Dairy Herd
Oklahoma has become the 13th U.S. state to detect bird flu in dairy cows, the U.S. Department of Agriculture confirmed on Monday, though the state said the infection happened months ago. The confirmation shows the outbreak was more widespread than …
Marsh McLennan Reports 8.7% Increase in Q2 Net Income
Insurance broker Marsh McLennan reported second quarter net income of $1.125 billion, an 8.7% increase from $1.035 billion reported during Q2 2023. Operating income rose 13% to $1.6 billion. Q2 earnings per share increased 10% to $2.27, while adjusted earnings …
Repair Crews Face Threats From Some Houstonians Angry Over Beryl Power Outages
Drawn guns. Thrown rocks. Threatening messages. Houston’s prolonged outages following Hurricane Beryl has some fed-up and frustrated residents taking out their anger on repair workers who are trying to restore power across the city. The threats and confrontations have prompted …
Almost a Year After Idalia, Florida Village Ponders its Future on the Gulf
HORSESHOE BEACH, Fla. (AP) — Lisa Bregenzer’s waterfront home was her “little slice of heaven.” She watched sunsets and migrating birds from the porch, the Gulf of Mexico in the distance. There, she felt close to God and her late …
North Carolina Man Charged With Threatening Insurance Agents Over Claim
First, a North Carolina man filed a claim with Farm Bureau Insurance. Then he threatened three insurance agents with violence when he wasn’t paid as much as he expected, according to state authorities and one of the insurance agents. Brody …
Ohio Supreme Court Orders City to Pay $30 Million Police Brutality Judgment
The Ohio city of East Cleveland must pay a $30 million jury verdict awarded to a man who police wrongly assaulted, arrested and detained, the state’s highest court has ordered. The victim, Arnold Black, went to court in February 2023 …
Vineyard Wind Incident Is Not First Time a GE Vernova Wind Turbine Has Come Apart
An incident at the Vineyard Wind offshore wind energy project this week that scattered shards of fiberglass across Massachusetts beaches was the latest in a series of failures involving wind turbines built by GE Vernova. At least one other GE …
Forest Fire Erupts at Major Military Range in New Jersey
BARNEGAT, N.J. (AP) — A fast-moving forest fire broke out Tuesday at a major military gunnery range in southern New Jersey, but no injuries or property damage has been reported. The New Jersey Forest Fire Service responded around 2:15 p.m. …
Few Residents Opt Out of Proposed $600 Million Settlement in Ohio Train Derailment
Few people ultimately opted out of the $600 million class action settlement Norfolk Southern offered to people affected by last year’s disastrous East Palestine train derailment despite the questions residents raised about the deal, lawyers said. The plaintiffs’ attorneys said …
More Reforms Needed to Tackle Shadow Banking’s ‘Hidden Leverage’: BoE Regulator
The booming non-bank financial industry has created excessive leverage that poses financial stability risks, and more reforms are needed to tackle it, including improving disclosure of positions, a Bank of England regulator said on Thursday. Non-bank financial institutions (NBFIs), including …
Insurance Broker TWFG’s IPO Seeking $187 Million Gets Underway Today
Shares of Texas-based insurance broker TWFG, Inc. begin trading on the Nasdaq Global Select Market today under the symbol TWFG. TWFG said it expects to realize gross proceeds of $187 million and net proceeds of approximately $168.3 million from the …
Insured Losses for Floods in Southern Germany Estimated at €1.6B: PERILS
The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The floods, which hit southern Germany during the period of May 31 …
Comunicados de prensa más recientes
14 de septiembre de 2023. Gran Caimán, Islas Caimán. El CCRIF SPC se enorgullece en dar la bienvenida a Honduras como su cuarto miembro de Centroamérica. El Gobierno ha adquirido cobertura de seguro paramétrico para exceso de lluvia, efectiva a partir del 1 de junio de 2023. El director ejecutivo del CCRIF, el Sr.
Gran Caimán, Islas Caimán, 3 de julio de 2023. La Unión Europea (UE) sigue brindando apoyo al CCRIF SPC como medio para subsidiar las primas de las pólizas de seguro paramétrico de sus miembros del Caribe. Este año de póliza, que comenzó el 1o de junio 2023, la UE proporcionó US$4,7 millones al CCRIF para apoyar a los 12 miembros caribeños del CCRIF que son elegibles para ODA1 para subsidiar las primas para ciclones tropicales y exceso de lluvia.
Gran Caimán, Islas Caimán, 29 de marzo de 2023. El jueves, 16 de marzo de 2023, el CCRIF SPC y el Centro de Coordinación para la Prevención de los Desastres en América Central y República Dominicana (CEPREDENAC) firmaron un memorando de entendimiento (MdE) al margen del Taller Técnico Regional para Centroamérica sobre el Financiamiento del Riesgo de Desastres y el Seguro Paramétrico del CCRIF llevado a cabo en Ciudad de Panamá, Panamá los días 15 y 16 de marzo de 2023.
Gran Caimán, Islas Caimán, 27 de octubre de 2022. El CCRIF SPC ha realizado cuatro pagos por un total de US$15,2 millones a tres de sus gobiernos miembros durante octubre para eventos hidrometeorológicos asociados con la temporada de huracanes de 2022.
Pagos han sido recibidos por los Gobiernos de:
