Articles by Andrew G. Simpson

Center for Auto Safety Names Levine to Succeed Ditlow as Executive Director

The non-profit Center for Auto Safety has appointed Jason K. Levine as its new executive director. Levine succeeds the late Clarence M. Ditlow III, who headed the organization for 40 years. Ditlow died from cancer last November. Levine, a consumer …

Why and How P/C Insurance Carriers Should Work with Insurtechs

Startup insurtechs need partnerships more than they need money from insurance carriers, according to one leading venture capitalist actively funding insurance technology firms. Venture firm XL Innovate’s Martha Notaras told Super Regional property/casualty insurer executives looking to get involved in …

Hartford’s Boyd Assumes Second Role as Head of Personal Lines Agency Channel

The Hartford has appointed Mary Boyd as head of the Personal Lines agency channel in addition to her current role as head of the Personal Lines direct channel. In this expanded role, she will be responsible for strengthening alignment across …

From Here to Autonomy Morality and Retirement Timeline for Auto Insurance Pros

While the media, ethicists and perhaps the public like to ponder whether a self-driving car in a crisis should be programmed to hit a group of nuns crossing the street or hit a bus full of schoolkids, the drive toward …

Businesses Need Cyber Insurance Against Government: Kroll Executive

The major risk to businesses victimized by cyber breaches is the reputational damage that can follow, damage that often comes from government regulators out to make a name for themselves, according to a former FBI agent who works in the …

From Here to Autonomy: Morality and Retirement Timeline for Auto Insurance Pros

While the media, ethicists and perhaps the public like to ponder whether a self-driving car in a crisis should be programmed to hit a group of nuns crossing the street or hit a bus full of schoolkids, the drive toward …

Super Regional Carriers Urged to Educate ‘Suspicious’ Regulators on Big Data Use

“We’re curious and we don’t know. When regulators don’t know what’s going on, they get suspicious.” That was Wisconsin Insurance Commissioner Ted Nickel acknowledging that like the industry they regulate, state insurance commissioners face challenges keeping up with new technology …

Travelers Says It’s ‘Where It Needs to Be’ to Compete; Q2 Results Dampened by Weather

Small business insurance leader Travelers Companies is well-positioned to continue to compete in the small commercial insurance space that is attracting new entries including technology-driven start-ups, according to CEO Alan Schnitzer. “We think we are where we need to be …

Trump Administration to Sign Insurance Regulation Pact with European Union

The U.S. Treasury Department and the Office of the U.S. Trade Representative said they will sign the bilateral agreement between the United States and the European Union regarding regulation of insurance and reinsurance. In addition to signing the so-called covered …

HCI to Expand Flood Insurance Sales to Nine States

As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn’t waiting to wade deeper into the private flood insurance business. Florida-based HCI Group is looking to take …