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Typhoon Tapah Disrupts Flights in Japan and South Korea
Hundreds of domestic flights in Japan were canceled because of Typhoon Tapah, and the storm caused similar disruptions in South Korea as it moved to make landfall later Sunday. Airlines operating in Japan called off more than 420 domestic flights …

POSTED SEPTEMBER 23, 2019 7:08 AM
Brazil Police Accuse Mining Firm Vale, Auditor of Fraud Related to Deadly Dam Collapse
Brazilian federal police proposed criminal charges against Vale SA, auditor TÜV SÜD and 13 of their employees, alleging fraud in relation to a deadly dam collapse in January, according to a document seen by Reuters on Friday. Federal police accused …

POSTED SEPTEMBER 23, 2019 6:52 AM
Good Leaders Challenge the Status Quo—and Themselves: SCOR’s Conoscente
Jean-Paul Conoscente became the CEO of SCOR Global P&C in April 2019 when his predecessor, Victor Peignet, retired after 35 years with the company. Before Peignet left the company, he offered Conoscente a sage piece of advice about taking a …

POSTED SEPTEMBER 23, 2019 6:35 AM
Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO
There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions Conoscente, who became the CEO of SCOR …

POSTED SEPTEMBER 23, 2019 6:30 AM
Commercial Lines Insurtech Bold Penguin Raises $32 Million in Latest Round
Bold Penguin, a Columbus Ohio commercial insurance technology provider, said it has completed a $32 million Series B funding round, bringing the total capital it has raised to more than $50 million since it started in 2016. The participation included …

POSTED SEPTEMBER 23, 2019 5:00 AM
Music Copyright Law in Search of New Standard for Infringement
Willie Nelson has famously said a country song is “three chords and the truth.” It might not be so simple anymore. A flood of lawsuits is threatening to upend that concept, making trivial similarities in songs the basis for a …

POSTED SEPTEMBER 23, 2019 5:00 AM
Judge Allows Tesla Investor’s Claim Over Musk’s ‘Extraordinary’ $56B Performance Pact
A Delaware state judge has rejected a request by the board of Tesla Inc. to dismiss a stockholder complaint over an “excessive” 2018 performance award to CEO Elon Musk. In the spring of 2018, shareholders of the electric car-maker approved …

POSTED SEPTEMBER 23, 2019 5:00 AM
How Communities Are Trying to Adapt to Growing Wildfire Threat
Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she has six days a week for the last seven years. But she delivers less mail these days as California’s persistent …

POSTED SEPTEMBER 23, 2019 5:00 AM
House OKs Government Stopgap Funding That Extends Flood Insurance Until Nov. 21
The Democratic-controlled House of Representatives last week passed a continuing resolution to extend federal government funding through Nov. 21 and avoid a government shutdown at the end of the month. The bipartisan vote of 301-123 saw three Democrats vote no …

POSTED SEPTEMBER 23, 2019 2:51 AM
Former California Adjuster Hit With 180-day Sentence for Stealing $130K
Former licensed public adjuster John Schoon, 54, of Huntington Beach, Calif., was sentenced to 180 days in county jail and five years of felony probation after pleading guilty to three felony counts of embezzlement and one felony count of forgery. …

POSTED SEPTEMBER 20, 2019 8:32 PM

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