Yearly Archives: <span>2015</span>

Maryland Insurance Administration Welcomes 7 New Insurers to Marketplace

The Maryland Insurance Administration (MIA) today announced seven new insurance companies are approved to offer workers’ compensation and life insurance products in Maryland. “Our goal is to increase options for Maryland consumers; increased competition results in better customer service and …

Rhodes Joins BB&T Insurances Services in Southern California

Anaheim, Calif.-based BB&T Insurance Services of Orange County has named Scott Rhodes senior vice president and chief operating officer. The 26-year industry veteran will manage day-to-day operations and work with the BB&T leadership team to refine and implement the company’s …

Massive Northern California Wildfire Destroys 400 Homes and Businesses

Two fast-burning wildfires overtook several Northern California towns, killing at least one person and destroying hundreds of homes and businesses and sending thousands of residents fleeing highways lined with buildings, guardrails and cars still in flames. The California Department of …

Reinsurers Seek New Markets, Underinsured Risks to Ease Price Pressures

Major reinsurers like Munich Re, Swiss Re, Hannover Re are looking to new markets and selling more cover to existing clients to ease price pressures after several years of falls, they said at their annual meeting in Monte Carlo this …

Small Quake Hits Washington, But No Reports of Damage

The U.S. Geological Survey says a 4.0-magnitude earthquake hit the eastern part of the Seattle, Wash. area over the weekend. But there are no reports of damage. The agency says the earthquake struck at 3:22 p.m. and was centered in …

California Siblings Sentenced For Workers’ Comp Fraud

A California brother and sister who owned a landscaping service won’t contest charges that they duped several workers’ compensation carriers out of more than $200,000. Michael George Mello Jr., 37, and his sister Mary Catherine Rodriguez, 38, owners of Sacramento, …

Odds of Drivers Having Collision with Animal: 1 Out of 169

The odds drivers will have a claim from hitting a deer, elk or moose is 1 out of 169, the same as in 2014. That likelihood more than doubles during October, November and December, when deer collisions are most prevalent, …

Key Car Makers to Make Automatic Braking Standard Equipment in U.S.

A group of major automakers accounting for more than half of U.S. auto sales will make automatic emergency braking standard on new U.S. vehicles in one of the industry’s biggest auto safety moves since it embraced technology to prevent rollovers …

Highway Guardrails Need Upgrade, Says U.S. Safety Agency

U.S. highway guardrail systems made by Trinity Industries Inc. and Road Systems Inc. have “safety performance issues” in some real-world crash scenarios, the Federal Highway Administration said as it urged a national overhaul of standards to better protect American drivers. …

Technology May Outpace Humans on Road to Automated Driving

From his laboratory at Pittsburgh’s Carnegie Mellon University, automated vehicle pioneer Raj Rajkumar says self-driving cars will evolve step-by-step, with humans staying in charge for a long time to come. More than 2,500 miles west in Mountain View, California, Chris …