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Aluminium Producer Norsk Hydro Hit by Cyber Attack
Norsk Hydro, one of the world’s largest producers of aluminum, was sustaining a cyber attack on Tuesday that affected its operations, sending its shares lower. “IT-systems in most business areas are impacted and Hydro is switching to manual operations as …

POSTED MARCH 19, 2019 8:30 AM
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns
The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to coal as companies around the world step up fossil fuel divestment plans to improve the environment. Cardif, which has already …

POSTED MARCH 19, 2019 8:21 AM
Mozambique’s Death Toll from Deadly Cyclone Idai Could Top 1000
A tropical cyclone that tore across Mozambique at the weekend may have killed more than 1,000 people, President Filipe Nyusi said, as heavy rains continued to inundate the southeast African nation and neighboring Zimbabwe. “It’s clear that the next few …

POSTED MARCH 19, 2019 6:42 AM
Insurance Department Takes Over Arkansas Health Insurance Marketplace
The Arkansas Health Insurance Marketplace has become part of the state’s insurance department after Gov. Asa Hutchinson signed legislation dissolving the marketplace board as a separate entity. The state Legislature established the insurance marketplace in 2013. The Arkansas marketplace used …

POSTED MARCH 19, 2019 5:22 AM
State Farm: Illinois and Missouri Ranked 3rd and 5th for Hail Damage in 2018
A new report from State Farm says that Illinois and Missouri were among the top states in the nation for hail damage in 2018, according to a new report from State Farm. Illinois ranks third with $330 million in paid …

POSTED MARCH 19, 2019 5:13 AM
Cotuno Joins Alliant’s Texas Benefits Team as VP
Houston-based benefits consultant Dan Cotuno has joined Alliant Insurance Services as vice president within the company’s Employee Benefits Group. Cotuno will provide integrated, data-driven benefits to a diverse client base as Alliant continues to grow its Texas benefits team. Cotuno …

POSTED MARCH 19, 2019 5:09 AM
Berkley Launches Private Company Primary Management Liability Policy
Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address growing exposures facing private companies. Management teams can select one or …

POSTED MARCH 19, 2019 5:04 AM
Investigation Found FAA Employees Warned of Boeing Influence Over Safety Approvals
Federal Aviation Administration (FAA) employees warned as early as seven years ago that Boeing Co. had too much sway over safety approvals of new aircraft, prompting an investigation by Department of Transportation auditors who confirmed the agency hadn’t done enough …

POSTED MARCH 19, 2019 5:00 AM
PwC to Pay $335 Million to Settle Negligence Claim Over Colonial Bank Audits
A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank. PwC did not …

POSTED MARCH 19, 2019 5:00 AM
Researchers Aim to Spot a Liar Using Online Polygraph
Can you spot a liar? It’s tricky enough in face-to-face conversations that offer facial expressions, gestures and tone of voice because those physical cues add context. Spotting a liar gets even tougher in blind computer conversations. Florida State University researcher …

POSTED MARCH 19, 2019 5:00 AM

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