No One’s Safe from Cyber Threats. Train Your Employees to Defend Your Company Now or Risk Millions
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No One’s Safe from Cyber Threats. Train Your Employees to Defend Your Company Now or Risk Millions

Predictions are in, and the 2021 hurricane season is looming large. Property owners must seek out an insurance partner that can help manage the storm, but also be there long after the winds die down. Hurricane risk continues to grow in both the number of named storms and in the volatility of an individual event….

6 People on the Move
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6 People on the Move

Predictions are in, and the 2021 hurricane season is looming large. Property owners must seek out an insurance partner that can help manage the storm, but also be there long after the winds die down. Hurricane risk continues to grow in both the number of named storms and in the volatility of an individual event….

Ted Turner to Give Land to Nonprofit but Keep Paying Taxes

Ted Turner to Give Land to Nonprofit but Keep Paying Taxes

LINCOLN, Neb.—Media mogul and billionaire bison rancher Ted Turner is donating an 80,000-acre ranch he owns in western Nebraska to his own nonprofit agriculture ecosystem research institute and says he might do the same with four other ranches in Nebraska’s Sand Hills. But he’ll continue to pay taxes on the land, much to the relief…

Wells Fargo Confirms Its Shutting Down All Personal Lines of Credit

Wells Fargo Confirms Its Shutting Down All Personal Lines of Credit

Wells Fargo said it will no longer be offering personal lines of credit and will shut down down all existing personal lines of credit for customers, according to reports. The move doesn’t appear to affect credit cards. A spokesperson for the banking giant confirmed the development. “As we simplify our product offerings, we made the…

WH Smith Snaps up Former Dixons Travel Stores to Expand InMotion Chain in UK

WH Smith Snaps up Former Dixons Travel Stores to Expand InMotion Chain in UK

Retailer WH Smith has bought a raft of former Dixons Travel stores in airports as it expands its U.S. InMotion tech and accessories business into the UK. The group said it bought 18 stores, including 17 Dixons Travel stores, at sites including major UK airports London Heathrow, London Stansted, Manchester, London Luton, Birmingham, and East…

Visa Processing Delays Expected into Next Year

Visa Processing Delays Expected into Next Year

​Understaffed and closed U.S. consulates around the globe are resulting in extensive visa delays for foreign workers trying to work in the U.S., delays that could last well into 2022. Visa workarounds, though risky, can succeed, but sometimes don’t pan out, legal experts say. “Consular sections around the world are facing unprecedented operational challenges due…

Risk & Insurance News+Notes: UFCIC Now Accepting Cryptocurrency, Swiss Re Releases SONAR 2021 Report & More
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Risk & Insurance News+Notes: UFCIC Now Accepting Cryptocurrency, Swiss Re Releases SONAR 2021 Report & More

Today’s leaders struggle to derive actionable insights from their data. What they need is a claims partner with analytical expertise that will take the time to review findings, compare results, benchmark trends and make recommendations. According to Big Data statistics compiled by Forbes, “the amount of data created, captured, copied, and consumed in the world…

EU Fines Volkswagen, BMW $1 Billion for Emissions Cartel

EU Fines Volkswagen, BMW $1 Billion for Emissions Cartel

BRUSSELS—The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed. The case, separate to the so-called ‘Dieselgate’ scandal over software designed to cheat on vehicle emissions tests, sets a precedent by extending the…

Amtrak Plan to Replace Dozens of Aging Trains: Cost $7.3 Billion

Amtrak Plan to Replace Dozens of Aging Trains: Cost $7.3 Billion

DETROIT—Amtrak plans to spend $7.3 billion to replace 83 passenger trains, some nearly a half-century old, though much of the funding must still be approved by Congress. Amtrak said Wednesday that under the contract with German manufacturer Siemens AG, some of the trains will be hybrids, able to operate on diesel fuel and electricity where…