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Cathay Pacific’s Data Breach Scrutinized by 27 Regulators in 15 Jurisdictions
Cathay Pacific Airways said on Wednesday it is working with 27 regulators in 15 jurisdictions to investigate a data breach that affected millions of passengers, as Hong Kong lawmakers grilled executives over how it handled the incident. The executives did …
POSTED NOVEMBER 15, 2018 4:23 PM |
Ambulatory Centers’ Surgery Costs Below Hospitals’, Workers’ Comp Research Finds
There is new evidence that ambulatory surgery centers are less expensive for certain surgeries than hospitals. Payments for similar knee and shoulder surgeries performed in ambulatory surgery centers (ASCs) were lower compared with hospital outpatient departments in 14 of 18 …
POSTED NOVEMBER 15, 2018 3:34 PM |
California Issues Emergency Declaration to Allow Out-of-State Adjusters to Help with Fire Claims
California Insurance Commissioner Dave Jones has declared an emergency situation, which allows insurance companies to use out-of-state adjusters to help handle the large volume of claims resulting from the Camp and Woolsey Fires. The Camp Fire, the deadliest and most …
POSTED NOVEMBER 15, 2018 3:31 PM |
Mass. Contractor Faces $311K in Penalties for Exposing Workers to Safety Hazards
Northeast Framing Inc., a contractor based in Lunenberg, Mass., has been cited by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for exposing workers to falls and other hazards following an employee’s fatal fall at an East …
POSTED NOVEMBER 15, 2018 3:15 PM |
New Jersey Court Ruling Could Erase 20K Drunken Driving Convictions
A ruling issued Tuesday by the New Jersey Supreme Court could cause more than 20,000 drunken driving convictions to be vacated. The justices unanimously found that criminal charges pending against a state police sergeant made breath-testing device test results from …
POSTED NOVEMBER 15, 2018 2:42 PM |
JBA Risk Management Launches India Crop Model for Re/Insurers as El Niño Looms
JBA Risk Management (JBA), the UK-based modeling firm, has launched an India crop catastrophe model for the re/insurance market. More commonly known for flood maps and models, JBA collaborated with Chaucer through its office in Singapore to develop this probabilistic …
POSTED NOVEMBER 15, 2018 2:33 PM |
Officials Confirm Five More Measles Cases in Central New Jersey Community
New Jersey health officials have confirmed five more cases of measles in a central New Jersey community. The latest confirmed cases bring the total to 11 in Ocean County. Officials say the infected people may have exposed others to the …
POSTED NOVEMBER 15, 2018 2:32 PM |
Safety Board Hearing Probes Fatal Southwest Airlines Boeing 737 Explosion
The U.S. National Transportation Safety Board opened an investigative hearing on Wednesday into the fatal engine explosion on a Southwest Airlines Boeing 737 that killed one passenger. Dallas-based Southwest has been under scrutiny since an engine on a flight headed …
POSTED NOVEMBER 15, 2018 2:08 PM |
Markel Completes Acquisition of Investment Manager Nephila
Specialty insurer Markel Corp. has completed its acquisition of Nephila Holdings, an investment manager specializing in reinsurance risk. According to the transaction that was first announced in August, Nephila will continue to operate as a separate business unit. The management …
POSTED NOVEMBER 15, 2018 1:51 PM |
Danske Bank’s Money Laundering Could Implicate Other Banks: Whistleblower Lawyer
Danske Bank’s 200 billion euro ($225 billion) money laundering scandal might be the “tip of the iceberg” and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said. Stephen Kohn, a partner at U.S. …
POSTED NOVEMBER 15, 2018 1:03 PM |
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