Tue, 26 Sep 2017 05:00:45 +0000
The technology that gives cars superpowers to see around corners and through walls won’t be on the first self-driving rides hitting the road in the next few years. Vehicle-to-vehicle communication systems, known as V2V, are regarded as essential for fu...
Tue, 26 Sep 2017 04:18:02 +0000
Five Florida attorneys and five of their accomplices are accused in a patient-brokering scheme that brought in more than a half-million dollars in profits. Broward Sheriff’s officials said in a news release that the arrests were made Sept. 6 following …
Tue, 26 Sep 2017 04:11:57 +0000
Smart Choice, headquartered in High Point, North Carolina, has named Carol Drake as the company’s new vice president of Corporate Strategy. Drake formerly had an extensive career with Grange Insurance where she held the roles vice president of National...
Tue, 26 Sep 2017 04:05:39 +0000
Authorities are investigating a fire that damaged a law enforcement center in South Carolina. Walhalla Fire Department Chief Brandon Burton told local media a fire started at around 5:30 p.m. Saturday at the Oconee Law Enforcement Center. Burton says t...
Tue, 26 Sep 2017 04:04:17 +0000
Seeman Holtz Property & Casualty, Inc. has acquired three different agencies in Florida as part of its geographic expansion and continued growth throughout the United States. The three Florida agencies most recently acquired include: Mark Ellis Insuran...
Tue, 26 Sep 2017 01:27:14 +0000
Senator Susan Collins punctured any remaining GOP hopes of repealing Obamacare anytime soon, dealing a fatal blow by rejecting a last-gasp Republican health care bill. The Maine Republican became the third GOP senator to oppose the measure, issuing a b...
Tue, 26 Sep 2017 01:15:37 +0000
In San Juan, it was as if Hurricane Maria left everyone to fend for themselves. Two days after Maria hit, electricity and mobile phone service was nonexistent in the capital and across most of Puerto Rico, which was already buckling …
Mon, 25 Sep 2017 20:06:35 +0000
RIC Insurance General Agency has named Jason Reese a business development manager. Reese will work with retail insurance brokers and agents in San Diego and Orange County. Reese was a business development manager at Method Insurance Services Inc., spec...
Mon, 25 Sep 2017 18:05:32 +0000
MJ Insurance has named Melissa Glissmeyer a risk management consultant in the Phoenix, Ariz. office. Glissmeyer will be part of the commercial insurance and risk management department and be responsible for driving sales and service. Glissmeyer previou...
Mon, 25 Sep 2017 16:31:30 +0000
Dallas-based insurance exchange and MGA MarketScout announced it has launched MarketScout InsurTech (MIT), which will make investments in tech-enabled insurance distribution. The initial funding comes exclusively from MarketScout Corp., parent of MIT. ...
Mon, 25 Sep 2017 16:21:44 +0000
Following record results that flagged the growth of its cyber security business, Deloitte LLP has revealed that it has been successfully targeted by a cyber attack that let hackers access data from an internal email platform. The auditing and consulting …
Mon, 25 Sep 2017 16:20:28 +0000
Texas-based independent insurance agency Brady, Chapman, Holland & Associates Inc. has hired Julie Mechura as an employee benefits risk advisor in Houston. She will focus on sustaining and developing client relationships, while functioning as the clien...
Mon, 25 Sep 2017 15:59:13 +0000
An Ohio factory that makes footballs for the National Football League has been fined by federal regulators over workplace safety violations. Wilson Sporting Goods is facing more than $65,000 in fines after two inspections at its factory in Ada, which …
Mon, 25 Sep 2017 15:13:52 +0000
The cleanup of a northwest Montana community where health professionals say hundreds of people have been killed by asbestos exposure has entered a new phase as officials turn their focus to keeping residents safe over the long term. The five-member …
Mon, 25 Sep 2017 15:09:19 +0000
A California dentist who was aboard an Asiana Airlines plane that crashed in San Francisco four years ago, killing three girls and injuring roughly 200 others, has reached a settlement with the airline, ending what her attorney said was the …
Mon, 25 Sep 2017 14:59:13 +0000
Authorities say multiple homes and other structures have been destroyed or damaged in two wildfires that broke out over the weekend in Northern California. Fire officials in Auburn northeast of Sacramento said flames that erupted Saturday afternoon dam...
Mon, 25 Sep 2017 14:58:57 +0000
Chubb has launched a package insurance solution called Chubb Business Pack Insurance for small and medium enterprises in Australia. This solution aims to provide broad coverage for property and liability exposures to help protect business owners from a...
Mon, 25 Sep 2017 14:55:25 +0000
The Independent Insurance Agents & Brokers of New Jersey (IIABNJ) and The Independent Insurance Agents & Brokers of New York (IIABNY) launched new brands today for their respective associations. IIABNJ became Big I New Jersey and IIABNY is now also …
Mon, 25 Sep 2017 14:50:05 +0000
RMS has named Pete Dailey vice president to lead flood model development in its California headquarters. Dailey will oversee the upcoming release of the RMS U.S. Inland Flood Mode, and he will lead the development of modeling tools. Dailey, an …
Mon, 25 Sep 2017 14:34:10 +0000
Commercial lines insurer CNA has announced the appointment of Greg Dasher to vice president of underwriting for its Small Business segment. Dasher will be responsible for the small business segment’s strategic and operational underwriting objectives. D...
Mon, 25 Sep 2017 14:20:22 +0000
American International Group is reorganizing its underwriting businesses into three main segments—General Insurance, Life & Retirement, and a standalone technology-enabled platform—the company announced today. The company will no longer have Commer...
Mon, 25 Sep 2017 13:27:36 +0000
The destructive floodwaters of Superstorm Sandy receded quickly, but some storm victims are still neck-deep in a battle over insurance payouts. And many victims of this year’s storms in Texas, Florida and elsewhere should brace themselves for a similar...
Mon, 25 Sep 2017 13:27:19 +0000
S&P Global Ratings has assigned its ‘A-‘ long-term financial strength rating to Odyssey Re Europe S.A. (ORESA), with a stable outlook. The rating on ORESA is based on an explicit guarantee provided by Odyssey Reinsurance Co., which has an ‘A-‘ …
Mon, 25 Sep 2017 13:15:36 +0000
Two construction workers, one of them a father of five children, fell to their deaths at separate building sites on Thursday. The first death occurred in the morning at a residential high-rise construction site in the financial district. Juan Chohillo …
Mon, 25 Sep 2017 13:03:22 +0000
Authorities say a New York woman who was pulled unconscious from rough waters at a New Jersey shore beach this week has died. Asbury Park police say 42-year-old Erin Higgins, of Harriman, and 54-year-old Ronald Renshtie, of Wallkill, New York, …
Mon, 25 Sep 2017 11:45:27 +0000
AFL Insurance Brokers Ltd. (AFL) has created an energy practice headed by London market broking professionals Dominic Quick and Simon Pearce. AFL’s energy practice will serve both AFL’s clients and customers from other independent brokers connected to ...
Mon, 25 Sep 2017 10:54:01 +0000
A government sale of Japan Post Holdings Co. stock raised $11 billion in the world’s second-biggest share sale this year, with the postal and financial giant’s attractive dividend yield helping drum up sufficient, albeit subdued, demand. The stock pric...
Mon, 25 Sep 2017 10:21:56 +0000
The Bank of England said an agreement is needed as part of the Brexit process to protect the “long-term validity” of 20 trillion pounds ($27.1 trillion) of existing derivative contracts. The BOE’s Financial Policy Committee said on Monday that after …
Mon, 25 Sep 2017 05:00:51 +0000
A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems “systemically important.” The Financial Stability Oversight Council convened Friday to...
Mon, 25 Sep 2017 05:00:43 +0000
Equifax Inc. could get away with paying a mere $1 per person after failing to protect almost half of America’s credit data. While the 118-year-old credit-reporting firm has been hit with more than 100 consumer lawsuits over its massive security …