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Italy’s UniCredit Reveals Massive Data Breach Involving 400,000 Bank Accounts
  UniCredit SpA said hackers accessed about 400,000 client bank accounts in Italy, taking biographical and loan data in one of the biggest breaches in Europe to date. The breaches occurred in September and October of 2016 and June to …

POSTED JULY 26, 2017 10:24 AM
UK Broker Beach Names RenRe’s Goldberg as Senior VP, Casualty Reinsurance
Beach & Associates, the London-based re/insurance broking and advisory firm, announced the appointment of Julian (Jules) Goldberg as senior vice president. He is based in the London office and reports to Adam Hedley, partner. Goldberg will play an integral role …

POSTED JULY 26, 2017 10:10 AM
The Nature Conservancy, Blue Marble Offer Microinsurance for LatAm Ranchers
The Nature Conservancy (TNC) and Blue Marble Microinsurance announced they have formed a partnership designed to provide microinsurance for small ranchers in Latin America who use a weather-resilient practice called “silvopasture.” Silvopastoral farming is the practice of combining trees with …

POSTED JULY 26, 2017 9:46 AM
UK to Ban Sales of Fossil Fuel Powered Cars by 2040 to Cut Air Pollution
The UK became the latest European country to mark the end of the line for diesel and gasoline fueled cars as automakers such as Volvo race to build electric vehicles or face the consequences of getting left behind. In London, …

POSTED JULY 26, 2017 7:06 AM
Berkshire Hathaway Eyes Buying Stake in IRB Brasil Resseguros: Sources
Berkshire Hathaway Inc., the firm run by billionaire investor Warren Buffett, is in talks to buy a stake in Latin America’s biggest reinsurer, IRB Brasil Resseguros SA, after an initial public offering of stock, according to two people with direct …

POSTED JULY 26, 2017 6:47 AM
Jury Orders Punitive, but No Compensatory, Damages in AbbVie Drug Liability Test Trial
A federal jury in Chicago on Monday found AbbVie Inc. fraudulently misrepresented the risks of its testosterone replacement drug AndroGel and ordered the drugmaker to pay $150 million in punitive damages. The verdict, which came in response to a lawsuit …

POSTED JULY 26, 2017 5:00 AM
Tests Show No Detectable Level of Toxins in Groundwater at Tennessee Plant
A water utility company in Tennessee says tests on drinking water revealed no detectable traces of arsenic and lead after the toxins were found in groundwater at a coal-fired power plant. Memphis, Light, Gas & Water said in a statement …

POSTED JULY 26, 2017 4:43 AM
Marsh Names Layton Southeast Zone Leader
Marsh has named Lou Ann Layton as its Southeast Zone leader. In this role, Layton is responsible for client initiatives, new business, and talent development across the District of Columbia and eight states: Florida, Georgia, Maryland, North Carolina, Pennsylvania, South …

POSTED JULY 26, 2017 4:25 AM
Scientists: Sea Level Rise Accelerating Along Florida Coast
Clay Henderson has lived on the same block along the Indian River in New Smyrna Beach for 34 years. Living in a storm-prone state like Florida, you expect to see a river top its bank on occasion, but only in …

POSTED JULY 26, 2017 4:00 AM
After Voting to Begin Debate, Senate Kills McConnell Health Bill
  The Senate rejected Majority Leader Mitch McConnell’s healthcare proposal late Tuesday at the start of several days of debate with no clear idea of what Obamacare-replacement plan the senators will ultimately be asked to pass. The 43-57 vote against …

POSTED JULY 26, 2017 2:27 AM

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