Congested and deficient roads cost Oklahoma drivers $4.9 billion a year because of increased vehicle operating costs, traffic crashes and delays, according to a report released by a transportation research group. Twenty-eight percent of major locally and state-maintained roads in …
Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to go forward a lawsuit filed against a large Chicago insurance brokerage by two former Tribune Co. shareholders. The case stems …
Uber and Lyft are gearing up for a campaign to expand their ride-hailing operations into upstate New York to include Buffalo, Rochester, Syracuse and Albany. New Yorkers for Ridesharing, a coalition of more than 50 groups that support the expansion, …
A New York health insurer’s study shows 10 common conditions like sinus infections and sprains represented more than 2 million visits to hospital emergency rooms statewide and cost about $1.3 billion in 2013. The study says about 90 percent could …
Oregon is considering another year of insurance coverage to help pay for catastrophic wildfire seasons. British insurance giant Lloyd’s is offering the state another year of coverage despite three consecutive years of expensive, drought-fueled wildfires. The policy could protect the …
Early forecasts from meteorologists suggest the 2016 Atlantic hurricane season will be more active than normal, partly because of the expected end of the El Niño weather pattern in the next few months. Weather forecasters have linked the El Niño …
Uber Technologies Inc. agreed to settle claims by California prosecutors that its background checks on drivers weren’t as thorough as advertised. The company is required to pay a civil penalty of $10 million within two months and payment of an …
Uber Technologies Inc. drivers suing to be treated like employees are trying to add $1 billion in penalties under California’s unique “bounty hunter” statute as they prepare for trial in June. About 240,000 current and former Uber drivers in California …
AXA announced the appointment of Alexander Vollert as chief executive officer of AXA Germany. In addition, he will be appointed to AXA Group’s executive committee. This appointment will be effective as of Sept. 16, 2016, subject to the approval of …
Great American Insurance Group has hired F. Michael Csorba as divisional president within the Property and Casualty Group’s Ocean Marine division. Csorba is succeeding John Rowney, who is retiring after nearly 28 years of service with the company. Csorba joins …
