Daily News

Tropical Storm Dolly threatens northeast Mexico with flash floods, high winds

Tropical Storm Dolly, which Willis Re Inc. predicted would make landfall Tuesday night or Wednesday morning, is expected to produce heavy rain with "life-threatening flash floods" in northeastern areas of Mexico south of Texas.
Sep 2, 2014 12:34PM

Nova Scotia government announces flood risk reduction project funding

The Government of Nova Scotia announced Friday it will provide $147,500 to support five projects meant to help communities investigate the causes of flooding and explore solutions.
Sep 2, 2014 11:33AM

Hancock assumes role as American International Group president & CEO

American International Group, Inc. (AIG) announced Monday that in accordance with the company's succession plan, Peter D. Hancock has assumed the role of president and chief executive officer.
Sep 2, 2014 9:42AM

Aon Benfield sources reinsurance for AEGIS London cyber coverage

Aon Benfield has sourced the reinsurance capacity for a cyber product that offers a comprehensive cyber risk management service - focusing on both operational and information technology breaches - and allows AEGIS' policyholders to separately...
Sep 2, 2014 9:30AM

Malaysia Airlines to shed 6,000 staff as part of overhaul plan after disasters

KUALA LUMPUR, Malaysia - Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.
Aug 29, 2014 12:16PM

JPMorgan working with law enforcement officials on possible cyberattack

NEW YORK - JPMorgan Chase, the nation's biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, said a person familiar with the situation who spoke on condition of anonymity, though the bank...
Aug 29, 2014 11:47AM

FEMA denies Hawaii's major disaster declaration request because storm damage not severe enough

HONOLULU - The Federal Emergency Management Agency on Thursday denied Hawaii's request for a major disaster declaration after Tropical Storm Iselle.
Aug 29, 2014 11:06AM

Willis Re Canada's Wildbore returns to U.K., replaced by Geoff Lubert

Willis Re Inc. announced Thursday it has appointed Geoff Lubert as managing director and executive vice president of Willis Re Canada, replacing Robert Wildbore.
Aug 29, 2014 10:31AM

CPR freight train derails in eastern Saskatchewan, wind may have been factor

SWIFT CURRENT, Sask. - A Canadian Pacific Railway train derailed in southern Saskatchewan Thursday night.
Aug 29, 2014 9:59AM

Quake rattles southern Greece, widely felt in Athens; no immediate damage reports

ATHENS - An earthquake has rattled southern Greece and was widely felt in the capital, Athens. There were no immediate reports of damage or injury and no tsunami warnings.
Aug 29, 2014 9:12AM

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