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Trump Plans to Slap Stiff Tariffs and Investment Restrictions on China
The president, denouncing China’s trade practices, will announce a range of stiff penalties on Chinese imports and investment, sparking concerns of a trade war.

POSTED MARCH 22, 2018 2:44 AM
Facebook’s Mark Zuckerberg Vows to Bolster Privacy Amid Cambridge Analytica Crisis
In his first public statements concerning a data privacy scandal, Mr. Zuckerberg said “there’s more to do, and we need to step up and do it.”

POSTED MARCH 22, 2018 2:25 AM
Mark Zuckerberg’s Reckoning: ‘This Is a Major Trust Issue’
Facebook’s chief executive spoke with The New York Times about data privacy of users, Cambridge Analytica and the company’s next steps.

POSTED MARCH 22, 2018 1:42 AM
The Shift: Think Cryptocurrency Is Confusing? Try Paying Taxes on It
With this year’s April 17 filing deadline fast approaching, many virtual currency traders are sweating over their tax returns.

POSTED MARCH 21, 2018 3:36 PM
Users Abandon Facebook After Cambridge Analytica Findings
Patrons of the social network are deleting their profiles in protest over reports that the company allowed a political data firm to harvest private information.

Welcome to Zucktown. Where Everything Is Just Zucky.
In Menlo Park, Calif., Facebook is building a real community and testing the proposition: Do people love tech companies so much they will live inside them?

POSTED MARCH 21, 2018 7:28 PM
Tech Fix: Want to #DeleteFacebook? You Can Try
The social network may be too large to truly quit. Our personal tech columnist answers questions from readers who are contemplating deactivation.

POSTED MARCH 21, 2018 10:47 PM
Kering, Owner of Gucci and Saint Laurent, Faces Swiss Tax Inquiry
Swiss prosecutors opened an investigation days after the French luxury group denied allegations that it had used a Swiss-based scheme to evade taxes.

POSTED MARCH 21, 2018 10:08 PM
‘Blurred Lines’ Verdict Upheld by Appeals Court
A three-judge panel upheld the finding that the Robin Thicke song infringed on the copyright of Marvin Gaye’s “Got to Give It Up.”

POSTED MARCH 21, 2018 7:48 PM
Fed Raises Interest Rates for Sixth Time Since Financial Crisis
The Federal Reserve, buoyed by a strengthening economy, raised rates for a sixth time in three years and indicated another two increases are still expected this year.

POSTED MARCH 21, 2018 7:43 PM

News – Insurance Journal

European Insurtech Investment Growth Surpasses North America in 2017: Accenture
Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture. The research, which includes new analysis of CB Insights data on insurtech …

POSTED MARCH 22, 2018 9:36 AM
Driving in Snow: Difficult for Humans and Driverless Cars
A Canadian town known for its annual theater festival is emerging as a hub of “snowtonomous” research, as automakers face demands to produce self-driving cars that can perform in snow and sleet. But testing driverless cars in cold climates brings …

POSTED MARCH 22, 2018 8:29 AM
Facebook Will Dodge EU’s Tough New Data Rules – as GDPR Is Effective in May
Markets had already delivered their verdict before the European Union’s data privacy watchdogs could express outrage toward Facebook Inc. And while the social media giant lost as much as $60 billion in value earlier this week, Facebook is set to …

POSTED MARCH 22, 2018 7:59 AM
Aon Benfield Bermuda Hires Carpenter’s Meyenhofer as CEO; Fox & Davies Promoted
Aon Benfield announced a new hire and expanded roles for its reinsurance team in Bermuda. Matthias Meyenhofer will join the firm on Sept. 1, in accordance with his existing contractual requirements, as chief executive officer of Aon Benfield Bermuda, subject …

POSTED MARCH 22, 2018 7:47 AM
Deloitte Taps Europol’s Wainwright to Help Run Cyber-Security Practice
Europol Executive Director Rob Wainwright is leaving the EU intelligence agency he’s led for almost a decade to help run Deloitte LLP’s cyber-security practice, as companies wake up to the growing “systemic” threat of cyber crime. The 50-year-old MI5 veteran …

POSTED MARCH 22, 2018 7:25 AM
Low Back Pain, Which Affects 540 Million Worldwide, Often Mistreated
Low back pain is the leading cause of disability worldwide, affecting an estimated 540 million people at any one time. Yet, a new series of papers in The Lancet highlights the extent to which the condition is mistreated, often against …

POSTED MARCH 22, 2018 5:00 AM
Driverless Vehicles Provide Test of Attitudes Toward Risk: Kemp
Uber has suspended road tests of self-driving vehicles after the first pedestrian was killed by one of its vehicles operating under autonomous computer control. Proponents of self-driving vehicles claim they would be safer, as well as more energy efficient, but …

POSTED MARCH 22, 2018 5:00 AM
Moody’s Projects Stable Outlook for Global Insurance Brokers
The 2018 outlook for insurance brokers is stable, reflecting good product demand, low capital requirements, significant variable costs, and healthy EBITDA margins and cash flows, which will continue to attract investors, including private equity firms, Moody’s Investors Service says in …

POSTED MARCH 22, 2018 5:00 AM
Appalachian Underwriters Adds Saunders to Workers’ Comp Team in Florida
Appalachian Underwriters, Inc. has added Workers’ Compensation Underwriter, Lilyana ‘Lili’ Saunders, to the Sanford, Fla office. She will be writing small comp accounts, as well as building relationships with agents and growing AUI’s book of business. Saunders has been in …

POSTED MARCH 22, 2018 4:32 AM
Tennessee Fines Agency Operator $187K, Revokes License for Defrauding Clients
A Tennessee insurance agency operator has been fined $187,000 in civil penalties and had his producer’s licensed revoked for defrauding clients, according to the Tennessee Department of Commerce & Insurance (TDCI). The disciplinary actions were the latest moves taken to …

POSTED MARCH 22, 2018 4:32 AM

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