March 24, 2016
Volkswagen AG will probably miss a Thursday court deadline to reach a comprehensive agreement with U.S. authorities over its tainted diesel engines, possibly exposing the carmaker to daily fines and other sanctions. While talks have intensified in recent days, Volkswagen …
March 24, 2016
Some health insurers are hoping to ease headaches that can flare when customers try to confirm whether a doctor is covered in a plan’s network of providers. The trade association America’s Health Insurance Plans will soon start testing a more …
March 24, 2016
Insurers that are not already using the data from their telematics programs for claims would be wise to do so early in their adoption of telematics as the task only becomes more difficult as more data is collected, according to …
March 24, 2016
Fidelis Insurance announced that Ben Savill has been promoted to group chief underwriting officer, subject to approval from the Bermuda Department of Immigration. He assumes this role from Richard Brindle who held it jointly with his position as group chief …
March 24, 2016
Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley. The team being transferred is led by Alex Wakeley, a Marketform veteran of more than 20 …
March 24, 2016
The deadly coordinated attacks in Brussels on March 22, which killed 33 people and wounded 260. are expected to have limited impact on the insurance industry, according to catastrophe modeling firm AIR Worldwide. Loss of life and injuries to individuals …
March 24, 2016
Atlanta, GA, March 24, 2016 — Breckenridge Insurance Services, the wholesale brokerage division of Breckenridge Insurance Group, announced that Shawn Hall Sr. has been promoted to senior vice president, director of business development. In this newly created position, Hall is …
March 24, 2016
Businesses in Panama City Beach, Fla., say new laws aimed at cutting down excessive spring break drinking are also hurting sales and forcing layoffs. Bars, restaurants, scooter shops and other businesses say they’re letting employees go as sales have dropped …
March 24, 2016
Mississippi officials say the damage from floods this month is the most widespread the state has had since Hurricane Katrina. Mississippi Emergency Management Agency Director Lee Smithson tells The Clarion-Ledger federal and state assessment teams have been on the ground …
March 24, 2016
Investigators say thieves have stolen $250,000 worth of boat motors from a marine dealership on Lake Murray. Lexington County deputies said in a news release that a white van broke into the lot at Captain’s Choice Marine on U.S. Highway …