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3 Things Insurance Professionals Should Know in Honor of Wine Day
National Wine Day is a thing. And it’s today. Oenophiles probably know that May 25 is Wine Day, but the annual celebration of fermented grapes might be news to those who only like, but don’t necessarily love, all things wine. …

POSTED MAY 25, 2018 5:00 AM
GDPR: A New Era in Data Privacy Begins Today
From tech giant Facebook Inc. to libraries and schools, organizations are now subject to the world’s most far-reaching data privacy regulation in a crackdown aimed at protecting people from losing control over their personal information. It’s occupied thousands of lawyers, …

POSTED MAY 25, 2018 5:00 AM
Harvey-Arkema Lesson: Chemical Plants Must Plan for Natural Disasters
The U.S. Chemical Safety Board on Thursday urged chemical plants to weigh the risks of natural disasters just as they would the integrity of pipes and production equipment. “Such facilities should perform an analysis to determine their susceptibility to extreme …

POSTED MAY 25, 2018 5:00 AM
J&J Baby Powder Verdict Reaches Almost $26 Million
Johnson & Johnson was ordered by a California jury to pay $4 million in punitive damages to a 68-year-old woman who claimed her deadly cancer was caused by asbestos in the company’s baby powder. The jury awarded $21.7 million in …

POSTED MAY 25, 2018 5:00 AM
What NOAA Expects in 2018 Atlantic Hurricane Season
On the heels of the costliest hurricane year on record, the Atlantic is expected to produce five to nine of the mighty storms during the six-month season that starts June 1, the National Oceanic and Atmospheric Administration said. A total …

POSTED MAY 25, 2018 5:00 AM
Uber Disabled Brake of Self-Driving Car in Arizona Fatal Crash
Uber had disabled an emergency braking system in a self-driving vehicle that struck and killed a woman in Arizona in March even though the car had identified the need to apply the brakes, the National Transportation Safety Board said in …

POSTED MAY 25, 2018 5:00 AM
QBE Adds Inland Marine Property Coverage for Construction Project Risks
QBE North America is continuing its inland marine product expansion with the launch of The Solution for Builder’s Risk, a comprehensive policy offering with coverages tailored for construction projects. Features of this new product include capacity up to $250 million …

POSTED MAY 25, 2018 4:54 AM
Florida Hurricane Fund in Good Shape for Storm Season
The Florida fund that helps private insurers pay out claims after a hurricane remains in good shape heading into a storm season. Despite losses from Hurricane Irma, estimates show the Florida Hurricane Catastrophe Fund will have $17.3 billion available this …

POSTED MAY 25, 2018 4:37 AM
Georgia Jury Hands Down $1B Verdict Against Security Company in Rape Suit
A Georgia jury has awarded an eye-popping $1 billion verdict against a security company after an apartment complex guard was convicted of raping a 14-year-old girl. Hope Cheston was outside by some picnic tables with her boyfriend during a party …

POSTED MAY 25, 2018 4:21 AM
Bizet to Join JLT Re Property Treaty Team in Miami
JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Alain Bizet as senior vice president in Miami. Alain will join the property treaty team in Miami and focus on the broking efforts …

POSTED MAY 25, 2018 4:18 AM

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