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Weekly Brief – US Virgin Islands’ Money Not Spent on Hurricane Preparation + more stories

By: Kevin Jessop Date: September 7, 2017

Diversified Insurance
Latest news in the Risk Management world

U.S. Virgin Islands spent money intended to help after hurricanes | Reuters

reuters | September 07, 2017

The U.S. Virgin Islands for years redirected money intended to help pay insurance claims after large disasters for other needs, raising the vulnerability of residents as Hurricane Irma ravishes the territory.

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Remember Cyber Risks When Rehashing NAFTA – The Cipher Brief

thecipherbrief | September 07, 2017

The Cipher BriefRemember Cyber Risks When Rehashing NAFTAThe Cipher BriefSuccessfully achieving a state of manageable cyber risk relies on the development and implementation of a comprehensive framework, supported by substantive guidance that has cro

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Used cars and car insurance after a hurricane

propertycasualty360 | September 07, 2017

Already estimates are that up to 500,000 vehicles could be totaled and scrapped due to Hurricane Harvey.

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Will Congress Continue Health Care For 9 Million Children?

npr | September 07, 2017

The popular Children’s Health Insurance Program is up for renewal Sept. 30. Policy analysts say it’s unclear if a deeply divided Congress facing major deadlines will get the job done.(Image credit: Rebecca Nelson/Getty Images)

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Blockchain technology is moving into the shipping industry — with Microsoft and Maersk on board

cnbc | September 07, 2017

EY said Wednesday that it plans to launch the first blockchain platform for marine insurance, alongside Microsoft, Maersk and others.

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EU defense ministers take part in first cyber war game

techcrunch | September 07, 2017

European Union defense ministers have been taking part in a simulated cyber attack exercise today for the first time to practice strategic decision making and crisis-management under pressure of a (mock) cyber-attack against the bloc’s military str

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Investors including Google Ventures poured $93 million into a company that’s building personalized cancer vaccines

businessinsider | September 07, 2017

Lydia Ramsey/Business Insider A biotech company that’s developing personalized cancer treatments just raised $93 million to get their drugs into human trials. Gritstone Oncology is working on a type of cancer immunotherapy called cancer vaccines that

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This Shield of Patents Protects the Worlds Best-Selling Drug

bloomberg | September 07, 2017

Over Humira’s lifetime, AbbVie has secured more than 100 patents to prevent anyone from attempting to copy the biologic, with $16 billion in annual sales.

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