Analysts at Keefe, Bruyette & Woods (KBW) are the second group to say that the returns generated from catastrophe reinsurance risk underwriting and capital allocation can remain strong, just so long as the industry remains disciplined on attachments, terms and conditions.It’s taken a while for it to become clearer that the real driver of the … Read more
Nebraska Attorney General Mike Hilgers filed a lawsuit last week in Lancaster County District Court against Change Healthcare alleging violations of the state’s Consumer Protection and Data Security Laws. The complaint stems from a February data breach and subsequent operational shutdown that exposed the personal and electronic protected health information of what the Attorney General’s … Read more
Picking the right POS system for your restaurant can feel like a big decision, but it doesn’t have to be overwhelming. The key is to focus on what makes your day-to-day easier and keeps your customers happy—whether that’s managing tables, tracking inventory or speeding up service. Here’s what to look for and a few examples … Read more
We’ve learned a few more details about the new Silk Road Re Limited catastrophe bond transaction that is set to be issued out of Hong Kong, with the notes set to provide sponsor Taiping Reinsurance Company (Taiping Re) with a US $35 million source of three years of retrocessional protection.Yesterday, we reported that Taiping Re … Read more
Two Union Pacific employees were killed and three people were injured when a freight train collided with a tractor-trailer and derailed in a small West Texas city, authorities said Thursday. The train derailed around 5 p.m. Wednesday in Pecos after the collision at a railway crossing, authorities said. Union Pacific, based in Omaha, Nebraska, said … Read more
