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Burns & Wilcox Purchases Morehead City, North Carolina Office Building
Burns & Wilcox announced the purchase of an office building located in Morehead City, North Carolina at 800 Arendell. The newly acquired building is already the home of the company’s Morehead City-based team. Formerly owned by Wells Fargo Bank, the …
POSTED JUNE 23, 2021 4:46 PM |
Claudette Heads to Sea Leaving Wake of Damage Across Southeast
Claudette regained tropical storm status and headed out to sea from the North Carolina coast Monday, less than two days after the system killed 14 people in Alabama, including nine children who died in a highway crash. Eight of the …
POSTED JUNE 23, 2021 4:44 PM |
Wisconsin Legislation Targets Milk, Meat, Dairy Labeling
Vegetarian and vegan foods sold in Wisconsin could not be labeled as meat, milk or dairy if they don’t contain those products, under bills up for votes in the state Assembly. The “truth in labeling” measures are supported by the …
POSTED JUNE 23, 2021 4:39 PM |
EY and Germany’s Finance Minister Blamed for Oversight Failings in Wirecard Collapse
BERLIN – German lawmakers presenting a report Tuesday into the collapse of the payment processing company Wirecard accused the country’s finance minister and auditors Ernst & Young of numerous oversight failings. Wirecard filed for protection from creditors through insolvency proceedings …
POSTED JUNE 23, 2021 4:39 PM |
NWS: Suburban Chicago Tornado Had 140 mph Winds
A tornado that swept through Chicago’s western suburbs, damaging more than 100 homes and injuring several people, was packing 140 mph winds when it hit the heavily populated area, the National Weather Service said. A weather service team that surveyed …
POSTED JUNE 23, 2021 4:38 PM |
FEMA: Orange County, Texas, Flood Maps Finalized
FEMA says new flood maps for Orange County, Texas, have been finalized and become effective Dec. 16, 2021. Residents are encouraged to examine the maps to determine if they are in a low-to-moderate- or high-risk flood zone. During the next …
POSTED JUNE 23, 2021 4:37 PM |
Insurors Indemnity Ratings Unchanged by Colonial Lloyds Announcement: AM Best
AM Best says the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Insurors Indemnity Companies (Insurors Indemnity), based Waco, Texas, remain unchanged following the recent announcement that the company plans to purchase …
POSTED JUNE 23, 2021 4:34 PM |
Fatal Florida Gay Pride Parade Crash Now Seen as Unintentional
A member of a men’s chorus group unintentionally slammed into fellow chorists at the start of a Pride parade in South Florida, killing one member of the group and seriously injuring another, the group’s director said Sunday, correcting initial speculation …
POSTED JUNE 23, 2021 4:31 PM |
People Moves: Willis Re’s Loggie to TigerRisk; Aon’s Lee to Lockton Re; Wakam’s Mebarki to Miller
These international People Moves detail appointments at three insurance brokers: TigerRisk Partners, Lockton Re and Miller. A summary of these new hires follows here. TigerRisk Partners LLC, the Stamford, Conn.-based global insurance and reinsurance broker, announced it will appoint James …
POSTED JUNE 23, 2021 4:10 PM |
European Commission to Form Cyber Unit to Fight Growing Online Crime
The European Commission proposed on Wednesday to pool resources and expertise from the EU’s 27 countries for a joint cyber unit to fight online criminals amid a spate of high-profile hacks in Europe and worldwide. The EU executive said authorities …
POSTED JUNE 23, 2021 3:05 PM |
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