News Center


FOX News

Trump unveils 'America First' national security strategy -- live blog
President Trump delivers remarks on his administration's national security strategy.

POSTED DECEMBER 18, 2017 6:30 PM
Iran finds hundreds of dead sharks in Persian Gulf
Iranian officials say they have found hundreds of dead sharks with their fins sawed off on an island in the Persian Gulf.

POSTED DECEMBER 18, 2017 6:14 PM
7 harmful houseplants that are a danger in disguise
You might like to brighten up your home office or window sills with colorful flowers and hardy, inspiring greenery.

POSTED DECEMBER 18, 2017 6:05 PM
FBI investigates after 70-year-old widow duped out of $225K
The FBI is investigating after a 70-year-old Oklahoma woman says said she was duped out of more than $225,000 by someone posing online as a U.S. Army general stationed in Syria.

POSTED DECEMBER 18, 2017 6:02 PM
Tavis Smiley vows to fight for his reputation after PBS suspended him for sexual misconduct allegations
Tavis Smiley is calling out for PBS for allegedly making a rash decision to suspend him after the television personality was accused of sexual misconduct.

POSTED DECEMBER 18, 2017 6:00 PM
Amtrak train derails in Washington state onto Interstate 5; 'multiple fatalities' reported
An inaugural ride on Amtrak's new line meant to speed train service in Washington state turned deadly Monday after a train carrying more than 80 people derailed outside of Tacoma — causing several train cars to tumble from an overpass onto an interstate highway, officials said.

POSTED DECEMBER 18, 2017 6:00 PM
The last Oldsmobile ever built sold for $42,000
Thirteen years after it rolled off the production line, the last Oldsmobile ever built has been sold at auction for roughly twice its original price.

POSTED DECEMBER 18, 2017 5:59 PM
The Latest: At least 2 sought in Chicago teen's death
The Latest on a teenager killed while delivering newspapers with his stepfather in Chicago (all times local): 9:20 a.m.

POSTED DECEMBER 18, 2017 5:58 PM
Amtrak crash: Travelers promised 'shorter trip times and more reliable schedules' on new, doomed route
The derailment comes on the same day that Amtrak expanded its high-speed service to include two new trips between Seattle and Portland.

POSTED DECEMBER 18, 2017 5:55 PM
9 new Nazi war crimes cases sent to German state prosecutors
The main federal agency that investigates Nazi war crimes in Germany has turned over nine new cases to state authorities for possible prosecution.

POSTED DECEMBER 18, 2017 5:53 PM

Business Insurance

Succession plan at Allianz specialty unit unveiled
Allianz Global Corporate & Specialty has named Chief Operating Officer Sinéad Browne to the board-level role of chief regions and markets officer, succeeding Carsten Scheffel, who will retire in June.

POSTED DECEMBER 18, 2017 12:17 PM
Oregon comp death benefits for children set to increase
Children of deceased workers for all fatal claims in Oregon are set to see an increase in death benefits starting in 2018, the state Workers’ Compensation Division announced Friday.

POSTED DECEMBER 18, 2017 10:36 AM
Qatar General Insurance to exit UAE
Qatar General Insurance and Reinsurance Co. P.J.S.C. has started the process of departing from the insurance market in the United Arab Emirates amid a diplomatic crisis between Qatar and its neighboring countries.

POSTED DECEMBER 18, 2017 5:22 AM
China's insurance regulator to restrict business of insurers with low ratings
China's insurance regulator plans to restrict the business of insurers which have a low rating for asset liability management.

POSTED DECEMBER 18, 2017 5:20 AM
German, Italian insurers mull buying stakes in Iranian counterparts
Abdolnasser Hemmati, head of regulator the Central Insurance of Iran, said that two insurers from Italy and Germany are looking to buy stakes of Iranian insurers.

POSTED DECEMBER 18, 2017 5:19 AM
Bermudian insurer receives anti-trust approval to buy stake in Israeli counterpart
Israel's anti-trust commissioner has approved Bermuda-based Sirius International Insurance Group Ltd.'s acquisition of a stake in local insurer The Phoenix Holdings Ltd.

POSTED DECEMBER 18, 2017 5:17 AM
Saudi central bank asks insurers to provide cover only to shops with surveillance cameras
Central bank the Saudi Arabian Monetary Authority has asked local insurers to issue or renew insurance policies for shops only after confirming the existence of surveillance cameras in commercial establishments.

POSTED DECEMBER 18, 2017 5:16 AM
UK insurance broker looks to enter Mexico
U.K.-based insurance broker Howden Broking Group Ltd. has partnered with Mexico-based counterpart Grupo Ordas to enter the Mexican insurance market.

POSTED DECEMBER 18, 2017 5:15 AM
China to launch system that makes polluters liable to pay for damage
The central committee of the Communist Party of China and the state council said that it plans to launch a system that forces polluters to repair damage to the environment or pay compensation by 2020.

POSTED DECEMBER 18, 2017 5:14 AM

News – Insurance Journal

Wingert Named Acting President at Iowa’s Grinnell Mutual
Grinnell, Iowa-based property and casualty insurer/reinsurer, Grinnell Mutual, has named Dave Wingert, executive vice president and chief operating officer, to serve as acting president. Larry Jansen retired on Dec. 15 after a 38-year run with the company, serving the last …

POSTED DECEMBER 18, 2017 5:52 PM
Feds: Mississippi City Owes $850K in Police Officer Back Pay
A Mississippi city will pay more than $850,000 in back wages to more than 100 police officers following a federal investigation of payment practices. Tupelo Mayor Jason Shelton’s administration released a statement to the Northeast Mississippi Daily Journal on Wednesday …

POSTED DECEMBER 18, 2017 5:44 PM
400 Delta Flights Scrapped After Atlanta Airport Outage Chaos
Delta Air Lines Inc. and other carriers worked to get thousands of stranded passengers onto planes after a major electrical disruption in Atlanta crippled service at the world’s busiest hub, extending flight cancellations into a second day. Hartsfield-Jackson Atlanta International …

POSTED DECEMBER 18, 2017 5:39 PM
Texas’ Use of Federal Harvey Funds Clouded by Lack of Transparency
Texas has been awarded billions in federal aid to help recover from Hurricane Harvey and the devastating flooding that followed, but it’s unclear how the state is spending its share of the money. State records don’t indicate which contracts are …

POSTED DECEMBER 18, 2017 5:37 PM
Amtrak Plunges on Washington Highway Resulting in Deaths, Injuries
An Amtrak passenger train derailed near the Washington State town of DuPont, sending rail cars plunging onto a busy interstate during the morning rush hour and resulting in injuries and deaths. Washington State Patrol Trooper Brooke Bova, a public information …

POSTED DECEMBER 18, 2017 5:36 PM
Prewitt Joins Chicago’s Highland Risk Services as VP
Highland Risk Services Inc. has added Matt Prewitt to its wholesale brokerage as vice president. Prewitt is based at Highland’s headquarters in Chicago, Illinois. Prewitt brings 15 years of insurance experience to enhance and expand Highland Risk Services’ business production …

POSTED DECEMBER 18, 2017 5:30 PM
Developer Wants to Build New Housing Project in Houston Flood Plain
A housing developer is hoping to win approval from Houston officials to put a 151-acre project on a former golf course where the city and Harris County have spent millions of dollars to buy out homeowners whose properties were damaged …

POSTED DECEMBER 18, 2017 5:26 PM
Despite Insurance Losses, Berkshire Stock Joins Exclusive Club
Berkshire Hathaway Inc.’s stock price touched $300,000 for the first time on Monday, reflecting investors’ confidence in Warren Buffett’s conglomerate despite four straight quarters of lower operating profit. Crossing the $300,000 threshold put Berkshire’s Class A shares up 22.9 percent …

POSTED DECEMBER 18, 2017 5:25 PM
Louisiana Citizens Insurance Assessment Rebate Deadline Is Dec. 31
Louisiana Insurance Commissioner Jim Donelon is reminding Louisiana property insurance policyholders that the opportunity to file for the partially refundable 2013 Louisiana Citizens Property Insurance Co. assessment expires on Dec. 31. The Citizens Assessment is to pay off the bonds …

POSTED DECEMBER 18, 2017 5:24 PM
Businesses to Receive Workplace Safety Grants from Missouri Employers Mutual
Workers’ compensation insurer, Missouri Employers Mutual (MEM), has announced a third round of safety grant recipients after awarding safety grants to 37 Missouri businesses previously. Safety grants help Missouri businesses take the next step toward improving workplace safety. All of …

POSTED DECEMBER 18, 2017 5:18 PM

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