Monthly Archives: <span>January 2017</span>

Federal Judge Dismisses Taxi Companies’ New Jersey Lawsuit Over Uber

A federal judge has thrown out a lawsuit by taxi and limo companies against the city of Newark over what they claim is preferential treatment given to ride-hailing companies like Uber and Lyft. The judge ruled Thursday that Newark is …

Swiss Re to Open a Reinsurance Branch in India

Swiss Re has received the approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a branch in Mumbai. With the composite branch license, Swiss Re will be able to operate in India and offer both non-life …

XL Catlin Gets Approval to Open Reinsurance Branch in India

XL Catlin’s reinsurance business group that it has received final approval from the Insurance Regulatory Development Authority of India to open an onshore reinsurance branch office of XL Insurance Company SE. The operation, which will be based in Mumbai and …

Allianz, Intesa Sanpaolo Eyeing Generali Deal: News Report

Allianz SE, Europe’s largest insurer, and Intesa Sanpaolo SpA are interested in Assicurazioni Generali SpA, Italian newspaper La Stampa reported Sunday, without citing anyone. Intesa is studying a “possible operation” with regard to the Italian insurer, La Stampa reported, without …

California Wholesalers Conference Tackled Everything from Marijuana to Trump

How legalized marijuana and President-elect Donald Trump will affect the insurance industry. A possible merger of the nation’s two major excess and surplus lines organizations. Renewing the National Flood Insurance Protection Program. California laws expected for 2017. There were no …

California Woman Slaps Chipotle With $2.2B Suit over Privacy Violation

A California woman has filed a lawsuit against Chipotle alleging the Denver-based company used a photo of her without her consent for commercial gain. Sacramento resident Leah Caldwell is seeking more than $2 billion in damages from the burrito chain …

Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement

A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely has found hockey pucks …

Uber Wants to Help Cities Better Understand Traffic Patterns

San Francisco, Calif.-based Uber is offering a helping hand to some of the same city leaders it sometimes antagonizes with the aggressive way it runs its popular ridesharing service. The assistance will come in the form of a free website, …

Lower Bay Area Workers’ Comp Claims Costs: California Report

A new report shows that San Francisco Bay Area residents account for 17.5 percent of California job injury claims but only 15 percent of claim costs. The report by the California Workers’ Compensation Institute points to several reasons for this …

Expert: Cyber Risk Modeling Requires New Way of Thinking

Arvind Parthasarathi, founder and CEO of Cyence, a San Mateo, Calif.-based cyber risk modeler, believes that rising to the demand of cyber threats calls for a completely different way of looking at cybersecurity. He thinks that to effectively battle the …