Industry News

Provided by InsuranceJournal.com

Claims Insurtech Snapsheet Raises $29 Million to Expand Into All P/C Lines and Globally
May 20, 2019
Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand globally as well as enhance …

New Jersey Chemical Plant Fire Prompts Warnings, Bridge, Road Closures
May 20, 2019
Authorities say a fire at a chemical plant in New Jersey has been brought under control, but road and bridge closures remained in effect and local residents were urged to remain indoors because of potential danger from fumes. Kearny fire …

Baltimore to Get Property Sales Moving Amid Cyber Attack
May 20, 2019
Baltimore, Md., officials say they have a plan to get the city’s real estate market moving again in the midst of a crippling ransomware attack. A manual workaround for property sales during the recovery will begin Monday. The ransomware shut …

Is Sea Rise Wrecking Coastal Home Values? The Answer: Maybe
May 20, 2019
For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone’s guess. Some research suggests rising sea levels and flooding brough …

Airlines Urge Nations’ Regulators to Avoid Competing Safety Rules
May 20, 2019
Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S. aviation authority. The U.S. …

Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover
May 20, 2019
Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week …

UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks
May 20, 2019
The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33 industries. In comparison, survey respondent …

Driverless Electric Truck Delivers Freight on Public Road in Sweden
May 20, 2019
Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday [May 15], in what developer Einride and logistics customer DB Schenker described as a world first. … …

HDI Global Specialty Taps Jackson from Neon as Head of Aviation and Space
May 20, 2019
HDI Global Specialty SE, the specialty lines insurer, has recruited Martin Jackson as head of aviation and space. Jackson joins the London office on May 20 from Neon, where he was class underwriter, marine and transport. He succeeds Tim Slade. …

Thailand Intensifies Efforts to Stop ‘Pig Ebola’ from Crossing Border
May 20, 2019
Thailand, one of Asia’s top pork producers, is intensifying efforts to hold off a lethal pig virus that’s causing havoc as it spreads across the region. African swine fever — a disease that kills nearly all the pigs it infects …

http://news.google.com/?output=rss