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News – Insurance Journal

Lingering Texas Drought Has Ranchers Reducing Herds
A growing number of Texas ranchers and farmers are trimming their livestock, or selling them altogether, as the persistent drought has eliminated water supplies and forage for the animals. Some landowners describe a boom-and-bust cycle playing out with increasing frequency …

POSTED AUGUST 16, 2018 4:45 PM
New Specialty Offering from HUB Targets Cannabis Producers, Distributors, Retailers
Global insurance brokerage Hub International Limited (HUB) has formed a comprehensive cannabis insurance and risk services offering under its Agribusiness & Farm Specialty Practice. The new offering is designed to reduce risks in all aspects of operations for medical and …

POSTED AUGUST 16, 2018 4:39 PM
Survivor of Missouri Duck Boat Sinking Wants Them Banned
An Indiana woman whose husband and three children died when a duck boat sank last month in Missouri said she hopes to save lives by backing an effort to ban the amphibious tourist boats. Tia Coleman, speaking through tears during …

POSTED AUGUST 16, 2018 4:37 PM
Ohio Workers’ Comp Bureau to Help Buy Bulletproof Vests for Law Enforcement
Ohio Attorney General Mike DeWine says the state’s injured worker fund is setting aside a portion of its safety grant funding to help local police agencies pay for bulletproof vests. The Republican gubernatorial nominee advanced the plan Tuesday. It follows …

POSTED AUGUST 16, 2018 4:34 PM
Kroger to Pilot Self-Driving Grocery Delivery in Arizona
Kroger Co. is bringing self-driving grocery delivery to Arizona. The largest grocery chain in the U.S. will start delivering groceries in autonomous-capable Toyota Prius cars starting Aug. 16 at a Fry’s Food Stores location it owns in Scottsdale. To start, …

POSTED AUGUST 16, 2018 4:32 PM
FBI: Lower Mississippi River Ports, South Louisiana Vulnerable to Cyber Threats
Giant cranes loading and unloading gargantuan barges. Oil tankers, supply vessels and pipelines serving a vital energy industry. Flood control structures. Chemical plants. Cruise ships. Drinking water sources. All computer-reliant and tied in some way to the internet. All of …

POSTED AUGUST 16, 2018 4:30 PM
NYC Mayor Signs Bill Capping New Ride-Hail Licenses
New York City, the largest American market for Uber, has become the first U.S. city to regulate the growth of app-based rides. Democratic Mayor Bill de Blasio on Tuesday signed a bill placing a temporary cap on new licenses for …

POSTED AUGUST 16, 2018 3:13 PM
Banks on Alert After FBI Warning of Cyber Attacks on ATMs
Banks are on alert for new attacks targeting cash in ATMs after the Federal Bureau of Investigation warned U.S. lenders last week of a potential threat. “The FBI routinely advises private industry of various cyber-threat indicators observed during the course …

POSTED AUGUST 16, 2018 2:37 PM
Global Insured Catastrophe Losses Decline to $20 Billion in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were US$20 billion, down from US$30 billion in H1 2017, according to Swiss Re Institute’s latest sigma study. On the other hand, during the first …

POSTED AUGUST 16, 2018 2:26 PM
Allianz Global Corporate Adds Setzer, Johnson to Aviation Underwriting Team
Allianz Global Corporate & Specialty (AGCS) has hired Scott Setzer as an executive underwriter for Aviation, and Adam Johnson as an Aviation underwriter. Setzer will be based in Alpharetta, Georgia and Johnson in Denver. They will focus on strengthening relationships …

POSTED AUGUST 16, 2018 1:44 PM

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