A pair of California trucking company owners were arrested for cheating their worker’s compensation insurer out of millions of dollars. Alvin Shin Chen, 54, and Fiona Xilin Chen, 46, both of La Cañada Flintridge, Calif., were arrested this week at …
The property/casualty insurance advisory organization AAIS has unveiled its first standardized personal auto insurance program for use by insurers that it says is the first new auto program available to the industry in decades. The American Association of Insurance Services …
The National Council on Compensation Insurance says it is seeing generally stable trends in Connecticut, Maine, New Hampshire, Rhode Island and Vermont — five New England states where NCCI serves as a licensed rating and statistical organization. “Overall, the NCCI …
Beecher Carlson Insurance Services, a specialized large account risk management broker and a wholly-owned subsidiary of Brown & Brown Inc., has hired Megan Miller as managing director.
A group of residents is prepared to take Honolulu, Hawaii officials to court over the city’s multibillion-dollar rail project because of concerns that the rail could be vulnerable to flood damage. The Honolulu Star-Advertiser reported the “Do Rail Right” group …
The U.S. Environmental Protection Agency has fined the Tesoro oil refinery in Anacortes, Wash. nearly $720,000 for alleged safety violations. The EPA said last week it filed a complaint seeking penalties for violations found during two facility inspections in 2011. …
Global insurance, risk and consulting firm Marsh & McLennan Companies Inc. reported growth across all of its companies in for the first quarter ended March 31, 2016. Consolidated revenue in the first quarter of 2016 was $3.3 billion, an increase …
Drivy, a French startup that lets people hire out their cars in much the same way Airbnb runs a market for houses, said Thursday it raised 31 million euros ($35 million) to fund its continued expansion across Europe. Already operating …
Swedish car maker Volvo will begin an autonomous driving trial in London in 2017. Called “Drive Me London,” the UK trial will use real families in semi-autonomous cars. Starting with a handful of AD cars next year, the trial will …
U.S. House of Representatives Speaker Paul Ryan called on Wednesday for an end to Obamacare’s financial protections for people with serious medical conditions, saying these consumers should be placed in state high-risk pools. In election-year remarks that could shed light …
