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AIR Expands Europe Inland Flood Model, Updates UK Storm Surge Analysis
Catastrophe risk modeling firm AIR Worldwide announced it has released an expanded inland flood model for Central Europe to include the country of Poland in its model domain. AIR also announced that it has updated the storm surge component of …

POSTED JUNE 26, 2019 2:09 PM
Student Loans, Family Leave, Telemedicine, Standing Desks: Tailoring Benefits to Multigenerational Workforce
While the United States’ stable job market and regulatory environment have kept employee benefits offerings steady, some benefits such as student loan repayment, paternity leave, telecommuting, standing desks and telemedicine are gaining notable upward traction. Companies are researching on their …

POSTED JUNE 26, 2019 1:03 PM
Purdue’s Sackler Family Must Face Opioid Suits in New York
The billionaire owners of Purdue Pharma LP must face a New York lawsuit claiming they triggered the U.S. opioid epidemic, a judge ruled, handing an early victory to states and local governments seeking to recoup billions of dollars in social …

POSTED JUNE 26, 2019 12:47 PM
Beazley Snares Cyber Underwriters from Chubb, Gallagher for U.S. Regions
Specialty insurer Beazley has hired two cyber and technology underwriters in the U.S. to meet growing demand from middle market businesses for insurance cover for cyber, data security and privacy exposures. Jennifer Lushbough Beard joins Beazley from Chubb where she …

POSTED JUNE 26, 2019 12:16 PM
Judge Open to ‘Novel’ Idea of Local Government Class for Opioid Settlement Talks
A judge backed a push by U.S. cities and counties suing opioid makers such as Purdue Pharma LP and Johnson & Johnson to negotiate a settlement as a group but put off until August a final decision on the request. …

POSTED JUNE 26, 2019 11:59 AM
New York City Uber Driver Gets Three Years for Kidnapping Sleeping Passenger
A man who drove for Uber in New York City has been sentenced to three years in federal prison for abducting a woman who fell asleep inside his vehicle. A judge Monday also ordered Harbir Parmar to pay more than …

POSTED JUNE 26, 2019 11:55 AM
High School Student Sued for Activating Virginia Hotel Room Sprinkler
A hotel’s insurance company has sued a high school student it claims caused more than $690,000 in damage by activating a sprinkler inside one of its rooms. The Virginian-Pilot reports Landstown High School senior Cade Anderson stayed at the hotel …

POSTED JUNE 26, 2019 11:52 AM
Philadelphia Refinery Fire Out, Probe into Cause of Blaze to Begin
A fire in a Philadelphia refinery struck by explosions and a pre-dawn blaze last week has now been extinguished as an investigation is launched into what caused it, authorities said. The blaze at the Philadelphia Energy Solutions Refining Complex, the …

POSTED JUNE 26, 2019 11:48 AM
BHSI Names QBE’s Walker as UK Head of Customer and Broker Engagement
Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its team in the UK with the appointment of Mark Walker as head of Customer and Broker Engagement. “I’m extremely pleased to have Mark leading our efforts to expand our broker …

POSTED JUNE 26, 2019 11:20 AM
Arthur J. Gallagher to Acquire Minority Stake in Prague-Based Broker Renomia
Arthur J. Gallagher & Co. announced it has signed an agreement to purchase a minority stake in Prague-based Renomia. The deal is subject to regulatory approval and is expected to close in the third quarter of 2019. Financial details of …

POSTED JUNE 26, 2019 11:05 AM

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