Day: October 10, 2018

The Hits Keep Coming: More Transitional Cybersecurity Requirements in New York

It has been some-more than a year and a half given a New York Department of Financial Services cybersecurity regulations (cyber rules) came into effect, and yet another correspondence deadline has passed. Broadly, “covered entities,” that means we if we are an insurer, particular broker, representative or adjuster protected...

Ascot Opens U.S. Unit, Names Wolyniec CEO, Completes Greyhawk Acquisition

Bermuda specialty insurer Ascot Group has launched Ascot Insurance U.S. and allocated Greg Wolyniec as a boss and arch executive officer. Ascot also announced a execution of a acquisition of Greyhawk Insurance Co., an dead Colorado domiciled certified carrier, and a unconditionally owned auxiliary Greyhawk Specialty Insurance Co., a...

Risk Strategies Hires Morin as VP of University Health Plans in Massachusetts

Risk Strategies, a secretly hold inhabitant word brokerage and risk government firm, has hired Boyce Morin as clamp boss of University Health Plans, a firm’s specialty multiplication focusing on a design, chain and use of college and university tyro health word programs. As a maestro of a health word...

New Jersey Lumber Company Faces $106K in Penalties for Safety, Health Hazards

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited DuBell Lumber Company of Medford, N.J., for exposing employees to flamable dirt and other hazards. The association faces $106,432 in due penalties. OSHA inspectors responded to a censure of workplace reserve and health hazards and dynamic...

Fast-Moving Hurricane Michael, Now Category 4, Threatens Florida Panhandle

Hurricane Michael, with winds strengthening to 145 miles an hour, is staid to be a strongest charge to strike a continental U.S. given 2004, with a life-threatening swell and a power to means $16 billion in damage. Michael is about 90 miles (145 kilometers) southwest of Panama City, relocating...

In Event of Hard Brexit, Lloyd’s Commits to Pay All Valid Claims

Lloyd’s pronounced it is operative on transferring all European Economic Area (EEA) business to a EU headquarters, Lloyd’s Brussels, before a finish of 2020 around a Part VII transfer. (Part VII transfers, in part, capacitate a UK insurer to send a cross-border contracts into an EU subsidiary.) In a...

New York Governor Says Limo That Crashed Shouldn’t Have Been on a Road

The supersized limousine that crashed and killed 20 people outward a republic store unsuccessful a reserve review final month and shouldn’t have been on a road, and a motorist wasn’t scrupulously licensed, New York’s administrator pronounced Monday. The state changed to close down a owner, Prestige Limousine, as state...

Google+ Breach Under Investigation in U.S., EU

At slightest dual U.S. states and dual European Union member states are questioning a breach during Alphabet Inc.’s Google that might have unprotected private form information of during slightest 500,000 users to hundreds of outmost developers. The investigations follow Google’s proclamation on Monday that it would close down a...