News – Insurance Journal
|Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency
Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark late morning Friday, the Ansa news agency reported. The historic city is still reeling from the 187-centimeter tide it recorded …
POSTED NOVEMBER 15, 2019 6:17 PM
|Michigan Recreational Pot Sales to Begin in December
The state of Michigan is opening the door to the sale of marijuana for recreational use starting in December, which is earlier than expected. The Marijuana Regulatory Agency issued an advisory bulletin on Nov. 13. It says businesses that are …
POSTED NOVEMBER 15, 2019 5:42 PM
|U.S. Attorney: Oklahoma Man Sentenced for Stealing Almost $370K from Employer
A Tulsa, Oklahoma, man was sentenced to 15 months in prison and ordered to repay nearly $370,000 after being found guilty of stealing from his employer. Ernest Everette Howard, 49, of Tulsa, must $368,329.61 in restitution, according to the U.S. …
POSTED NOVEMBER 15, 2019 5:27 PM
|Robotaxi Tech Proving Difficult to Perfect: Daimler CEO
Daimler has taken a “reality check” on self-driving “robotaxis,” acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief Executive Ola Kaellenius told journalists on Thursday Daimler would “rightsize” its spending …
POSTED NOVEMBER 15, 2019 5:25 PM
|Public Consultation Launched to Help Set Global Standards for Tailings Dams
A six-week public consultation launched [in London] on Friday will help set global standards to improve mining safety, aiming to prevent any repeat of the Vale tailings dam disaster in Brazil that killed 300 people in January. Tailings dams are …
POSTED NOVEMBER 15, 2019 5:11 PM
|Attorney: Oklahoma’s Tulsa County to Pay $10M to Settle Jail Death Suit
Officials have agreed to settle a lawsuit over the death of a 37-year-old man, who died in 2011 after lying naked in a Tulsa County, Oklahoma, jail cell for five days with a broken neck. Documents filed in federal court …
POSTED NOVEMBER 15, 2019 5:09 PM
|Mier Named President of Texas Surplus Lines Association
Jennifer Mier, executive vice president with AmWINS Group in Dallas, has been elected president of the Texas Surplus Lines Association. Other officers elected at the group’s 64th Annual Meeting on Nov. 11 in Austin are: Vice President Amicia Hine, executive …
POSTED NOVEMBER 15, 2019 5:07 PM
|Beer Dissing California Utility PG&E Brewing Backlash
Anger over devastating California wildfires sparked by Pacific Gas & Electric power lines is coming to a head – in a beer. And an outcry is brewing. Steve Doty, owner of Shady Oak brewery in Santa Rosa, announced a new …
POSTED NOVEMBER 15, 2019 5:00 PM
|Müller Succeeds Fischer Hirs as CEO of AGCS; Allianz Germany Appoints Executives
Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec. 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz Versicherungs-AG (the property & casualty insurer of Allianz …
POSTED NOVEMBER 15, 2019 4:51 PM
|Pemex Oil Firm ‘Unaffected’ by Cyber Attack, Says Mexican Minister; Workers Disagree
A cyber attack on computer networks of the Mexican national oil company Pemex is “totally under control” and did not have any negative consequences, Security Minister Alfonso Durazo said on Thursday. The attack was first detected on Sunday and over …
POSTED NOVEMBER 15, 2019 3:28 PM
Business and financial news - CNNMoney.com
|7 things to know before the bell
Read full story for latest details.
POSTED OCTOBER 04, 2018 5:10 AM
|SoftBank and Toyota want driverless cars to change the world
Softbank and Toyota are partnering on an effort to use autonomous vehicles and other technologies to change the world of transportation.
POSTED OCTOBER 04, 2018 5:27 AM
|Aston Martin falls 5% in its London IPO
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.
POSTED OCTOBER 03, 2018 11:54 PM
|Barnes & Noble stock soars 20% as it explores a sale
Barnes & Noble jumped more than 20% after it said it would review a sale of the troubled company.
POSTED OCTOBER 03, 2018 7:59 PM
|Why it's time for investors to go on the defense
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.
POSTED OCTOBER 03, 2018 11:28 PM
|The Toys 'R' Us brand may be brought back to life
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.
POSTED OCTOBER 03, 2018 11:54 PM
|The internet industry is suing California over its net neutrality law
Broadband trade groups and the DOJ have filed lawsuits over California's days-old law protecting net neutrality.
POSTED OCTOBER 03, 2018 5:46 PM
|Priyanka Chopra is helping Bumble expand in India
It's the latest online dating app to compete for the hearts of women in India.
POSTED OCTOBER 03, 2018 1:40 PM
|Microsoft unveils new Surface devices
Microsoft announced a new version of its desktop computer Surface Studio, and its first pair of smart headphones. It also announced the Surface Pro 6 and Surface Laptop 2.
POSTED OCTOBER 02, 2018 11:46 PM
|Getting health insurance through work now costs nearly $20,000
Family health insurance now costs employers and workers nearly $20,000 a year, on average, according to a new report.
POSTED OCTOBER 03, 2018 10:02 AM