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Jeff Bezos, Tabloid Man
Just a year ago, the world’s richest man seemed to have a pretty low-key life. Times sure have changed.

POSTED JANUARY 24, 2020 12:12 AM
Jeff Bezos’ Hack Inquiry Falls Short of Implicating National Enquirer
The Amazon founder’s investigation did not find evidence to back his suggestion of a link between Saudi Arabia and the tabloid that gleefully exposed his affair.

POSTED JANUARY 24, 2020 1:42 AM
Wells Fargo’s Ex-Chief Fined $17.5 Million Over Fake Accounts
John Stumpf and two other former executives were fined Thursday, and Wells Fargo’s chief federal regulator said it would seek penalties against five others.

POSTED JANUARY 23, 2020 11:36 PM
How China’s Coronavirus Outbreak Could Threaten the Global Economy
Markets have tumbled as investors worry that Chinese shoppers will stay home for the Lunar New Year holiday and beyond. Economists say the possible impact isn’t yet clear.

POSTED JANUARY 24, 2020 5:16 AM
Editor Who Sharpened Daily News Is Picked to Revive Deadspin
Jim Rich, who presided over a Pulitzer, will take over at a freewheeling sports site that has posted almost nothing since its staff quit last fall.

POSTED JANUARY 24, 2020 12:27 AM
Insys Founder Gets 5½ Years in Prison in Opioid Kickback Scheme
The company executive, John Kapoor, was accused of bribing doctors and misleading insurers to increase sales of a highly addictive painkiller.

POSTED JANUARY 24, 2020 1:43 AM
Big Business Says It Will Tackle Climate Change, but Not How or When
In Davos, business leaders were newly vocal about the danger, though they gave few details about how they would reform their practices.

POSTED JANUARY 23, 2020 8:13 PM
Jim Lehrer, Longtime PBS News Anchor, Is Dead at 85
For 36 years, mostly teaming with Robert MacNeil, he offered an alternative to network evening news programs with in-depth reporting, interviews and news analysis.

POSTED JANUARY 23, 2020 11:52 PM
She’s Taking on Elon Musk on Solar. And Winning.
As the head of Sunrun, Lynn Jurich won’t rest until the photovoltaic cell module is as common as the fireplace.

POSTED JANUARY 23, 2020 5:05 PM
It May Be the Biggest Tax Heist Ever. And Europe Wants Justice.
Stock traders are accused of siphoning $60 billion from state coffers, in a scheme that one called “the devil’s machine.” Germany is the first country to try to get its money back.

POSTED JANUARY 23, 2020 7:47 PM

News – Insurance Journal

Sompo International Hires Allied World’s James to Run International Insurance Business
Sompo International Holdings Ltd., a Bermuda-based specialty property and casualty re/insurer, announced that Julian James will soon join the organization to lead the London market and international insurance platforms. Subject to regulatory approval and after a short period of transition, …

POSTED JANUARY 23, 2020 2:16 PM
Massive Fire Scorches Six Row Houses in Staten Island
A fast-moving five-alarm fire severely damaged six row houses in Staten Island on Monday, displacing more than 30 people and causing minor injuries. John Sudnik, chief of the Fire Department of New York, said wood construction in the attics of …

POSTED JANUARY 23, 2020 1:14 PM
New Jersey Law Bans Sale of Flavored Vaping Products
The sale of flavored vaping products is banned in New Jersey under legislation Democratic Governor Phil Murphy signed Tuesday. Murphy signed the measure that moved to his desk amid a nationwide scare last year over mysterious illnesses linked to vaping. …

POSTED JANUARY 23, 2020 1:10 PM
The Hilb Group Acquires New York’s BR Vital Brokerage
The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property and casualty insurance with a specialty in …

POSTED JANUARY 23, 2020 1:03 PM
Massachusetts’ EverQuote Hires Brainard as EVP of Engineering, Marketplace
EverQuote Inc., a Cambridge, Mass-based online marketplace for insurance shopping in the U.S., has hired David Brainard as executive vice president of Engineering, Marketplace. In this role, Brainard will serve as the operational leader of marketplace-wide engineering teams and platforms …

POSTED JANUARY 23, 2020 1:00 PM
Bushfire-Ravaged Australians Face Choice in Era of Climate Change: Rebuild or Leave?
It took two years for Nigel Allison to build his mud-brick house on a sleepy southeastern tip of Australia, and just hours for it to be gutted by fire. The cherished three-bedroom home built in 1986 was one of several …

POSTED JANUARY 23, 2020 8:00 AM
Ratings Agencies Disagree Over Financial Strength of Florida Family Insurance Co.
The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been downgraded by AM Best due to a deterioration in underwriting results for the insurer. However, ratings agency Demotech says it …

POSTED JANUARY 23, 2020 7:38 AM
Major Cyber Attacks of 2019 Seen via Infographic from Cyber Risk Modeling Firm Kovrr
With the number of cyber attacks on the rise, it’s natural to think that this increase of cyber attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based provider of predictive …

POSTED JANUARY 23, 2020 7:30 AM
Munich Re Weighs Whether to Set Long-Term Profit Target of $3.3 Billion: Source
Munich Re is considering whether to set itself a long-term net income target of 3 billion euros ($3.3 billion) a year as the company seeks to match levels it regularly achieved until 2015. The reinsurer may announce such a plan …

POSTED JANUARY 23, 2020 7:20 AM
J.C. Flowers Considers Sale of Its French Loan Insurance Broker CEP
J.C. Flowers & Co, the U.S. investment and financial services-focused private equity firm, is reviving plans for a potential sale of its French loan insurance broker Financiere CEP, according to people familiar with the matter. The firm is considering various …

POSTED JANUARY 23, 2020 7:15 AM

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