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Wildfires Grow in Oregon as 500K Evacuated, Death Toll Rises

1 week 4 days ago
Around half a million people in Oregon evacuated as dozens of extreme, wind-driven wildfires scorched U.S. West Coast states on Friday, destroying thousands of homes and killing at least 16 people, state and local authorities said. In southern Oregon, an …
Adrees Latif and Carlos Barria

Start of School in Hartford Delayed by Ransomware Attack

1 week 5 days ago
One the worst cyberattacks yet against Connecticut’s capital city forced officials to postpone the first day of school Tuesday, disrupting the day for thousands of families as city computer experts rushed to restore systems vital for school operations. Hartford Mayor …
Dave Collins

Chubb Appoints Sosa to Lead Operations in Japan

1 week 5 days ago
Chubb Limited announced that Diego Sosa has been named regional president, Far East. Currently, chief operating officer for Chubb in Brazil, Sosa in his new role will have overall responsibility for the management and business results of Chubb’s general insurance …

AIG Names StarStone’s Rash as CEO of Talbot Underwriting

1 week 5 days ago
American International Group announced that Chris Rash has been appointed chief executive officer of Talbot Underwriting, which operates within the Lloyd’s Insurance Market through Syndicate 1183. Rash has also been appointed to the Talbot Underwriting board. He will oversee all …

Munich Re to Stop Selling Pandemic Business Coverage

1 week 5 days ago
Munich Re has stopped selling coverage to protect against business losses in future pandemics after the German reinsurer took a 1.5 billion-euro ($1.8 billion) virus-related hit in the first half. “We are currently examining whether we will offer new contracts …
Stephan Kahl

West Virginia Hospital Settles Whistleblower Suit for $50M

1 week 5 days ago
A financially strapped West Virginia hospital has agreed to pay the federal government $50 million to resolve claims that it improperly issued payments and kickbacks to physicians under the direction of management, the U.S. Justice Department announced Wednesday. The Justice …
John Raby
5 hours 33 minutes ago
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