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Following Deadly Blast, Russia Launches Floating Nuclear Reactor
Russia’s Rosatom shipped its first floating nuclear-power reactor on Friday, setting the unit off on a barge journey among Arctic ice caps, raising concerns in the wake of a recent military accident that caused a brief spike in radiation. The …

POSTED AUGUST 23, 2019 1:26 PM
China Tops List of U.S. Cybersecurity Agency’s Top Risks
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, including …

POSTED AUGUST 23, 2019 1:11 PM
Allianz to Buy SulAmérica’s Auto, Other P/C Insurance Operations
Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million euros). Allianz said the acquisition will strengthen its competitive position in Brazil, making it one of the top three insurers …

POSTED AUGUST 23, 2019 12:42 PM
Captain of Ferry that Ran Aground in Boston Harbor Off Job Pending Drug Test
The captain of a commuter ferry that ran aground in Boston Harbor has been placed on leave pending drug test results. The Boston Globe reported Saturday that the captain was taken off the job pending the test, which is routine …

POSTED AUGUST 23, 2019 12:40 PM
Everest Insurance Adds Three Members in Pennsylvania, New York
Everest Insurance has added three members to the Financial Lines Private Company/Not‐For‐Profit group. This group provides management liability insurance for private and not‐for‐profit companies of all sizes and industries. Michelle Bockin has joined Everest Insurance as a director, managing all …

POSTED AUGUST 23, 2019 11:44 AM
The Connecticut Interlocal Risk Management Agency Hires Dion, Martin
The Connecticut Interlocal Risk Management Agency (CIRMA) has hired Ellen Dion as chief financial officer (CFO). Dion has property and casualty insurance industry expertise spanning more than 25 years and will oversee budget preparation and administration, financial planning and operations, …

POSTED AUGUST 23, 2019 11:35 AM
Alliant Adds Shaffer to Its Mid-Atlantic Team as Senior Vice President
Alliant has added John Shaffer III to its Mid-Atlantic team. The Bethesda, Md.-based property and casualty specialist will serve as senior vice president, designing and delivering a range of insurance and risk management services to clients throughout the region as …

POSTED AUGUST 23, 2019 11:08 AM
Broker Not Liable for Late Notice that Cost Illinois Client $1.34M
An Illinois construction company that waited six years to inform its excess insurer that it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy either, a federal …

POSTED AUGUST 23, 2019 5:32 AM
Bridge Span Near Florida-Georgia Line Collapses, Causes 2 Accidents
Authorities say two motorists have been injured when their cars went airborne over a collapsed bridge span near the Florida-Georgia Line. Officials closed a short stretch of Hutchinson Ferry Road northwest of Tallahassee on Wednesday morning because of the gap …

POSTED AUGUST 23, 2019 5:03 AM
Trump Administration Appoints Aviation Safety Advisory Panel
U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs as the Federal Aviation Administration continues to grapple with the fallout from two fatal …

POSTED AUGUST 23, 2019 5:00 AM

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