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California Suspect in Serial Rapes Was a Lyft Driver
Ridesharing company Lyft said this week that it’s investigating how a former driver now charged in a series of rapes passed a background check even though federal immigration officials say the suspect was living in the country illegally. The San …

POSTED JULY 19, 2018 2:18 PM
Honolulu Mayor Tells City to Prepare for Climate Change
Honolulu Mayor Kirk Caldwell has directed city departments and agencies to prepare for the effects of climate change and sea level rise. The Honolulu Star-Advertiser reported the mayor issued the mandate this week, requiring the departments and agencies under his …

POSTED JULY 19, 2018 2:13 PM
Massachusetts Storms Bring Floods, Lightning Strikes, Flight Cancellations
Thunderstorms have caused flights to be delayed and knocked out power in some parts of Massachusetts. A flood warning was issued by the National Weather Service for the areas of Springfield, Clinton, Boston and Northborough July 18, and a flash …

POSTED JULY 19, 2018 1:31 PM
Agency Network Exchange Hires Foley in New Jersey
Agency Network Exchange LLC (ANE) has added Linda Foley as director of field operations based in New Jersey. In this role, she will work with member agencies to develop and implement growth plans and maintain agency relationships. She will also …

POSTED JULY 19, 2018 1:18 PM
New Jersey’s APIC Appoints Hicks as Company Controller
American Property Insurance Company (APIC), a licensed and admitted commercial insurance carrier headquartered in Eatontown, N.J., has appointed Steven T. Hicks as company controller. Reporting to the chief financial officer, Hicks will supervise internal management information reporting as well as …

POSTED JULY 19, 2018 1:09 PM
Cook Maran & Associates Acquires New York’s Joseph P. Price Agency
Cook Maran & Associates, a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP), has acquired Joseph P. Price Agency (Price). Price is a Long Island, N.Y.-based insurance agency that …

POSTED JULY 19, 2018 1:01 PM
Travelers Q2 Profit Dips Due to Hail, Harvey
Travelers Companies reported that catastrophe losses from wind and hail storms in several regions of the United States cut into its second quarter profit. Net income for the quarter was $524 million compared to $595 million for the same quarter …

POSTED JULY 19, 2018 12:16 PM
Willis Towers Watson Board Extends Contract of CEO Haley to 2021
Willis Towers Watson, the global advisory, broking and solutions company, announced that its board of directors has extended the contract of its chief executive officer, John Haley, until Jan. 1, 2021. “We are pleased to retain John Haley’s leadership as …

POSTED JULY 19, 2018 11:43 AM
Oasis Loss Modelling Framework Offered Open Source, Free of Charge
Not-for-profit catastrophe modeling platform Oasis Loss Modelling Framework announced that all components of its catastrophe modeling software are now open source and downloadable from GitHub, free of charge. This step means that Oasis is making sophisticated catastrophe modelling more accessible …

POSTED JULY 19, 2018 11:34 AM
UK Insurers, Banks ‘Must Plan for Hard Brexit’ if Transition Deal Fails: Regulator
Britain’s banks and insurers must plan for a “hard” Brexit in case a transition period is not in place next March, a senior British regulator said on Thursday in a warning echoed by Brussels. “With eight months until we exit …

POSTED JULY 19, 2018 11:18 AM

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