June 14, 2017
A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the introduction of self-driving cars, including sorting out conflicts between state and federal rules. Republican Senator John Thune, who chairs the …
June 14, 2017
The State Fire Marshal’s Office says the improper disposal of smoking materials led to a massive fire in Massachusetts that destroyed three multifamily homes and damaged several other buildings. Officials say the fire started around 3:30 p.m. Sunday when a …
June 14, 2017
Venture Programs, a West Chester, Penn.-based insurance program administrator, has promoted Robert Mulhern to executive vice president of sales for the Northeast and Mid-Atlantic regions. In this new role, Mulhern is responsible for developing and maintaining strategic business relationships with …
June 14, 2017
NAS Insurance, a full-service specialty insurance underwriting manager, has expanded to New York City with the addition of Peter Hedberg as the assistant vice president of its Tech and Cyber Underwriting division. Hedberg’s arrival marks the growth of NAS Insurance …
June 14, 2017
Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its “dieselgate” emissions scandal. UK law firm Harcus Sinclair and Dutch Foundation …
June 14, 2017
The start of hurricane season made me think about a topic that many of us don’t often think about in P&C insurance: residual markets. The 21st century insurance marketplace in the US is nominally a free market, but we all …
June 14, 2017
State and local leaders fighting a worsening opioid abuse epidemic are studying tactics used in the tobacco lawsuits of the 1990s, as they try to claw back billions from the companies who make and sell the powerful painkillers. More than …
June 14, 2017
Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid for New York’s Waldorf-Astoria Hotel in 2014, casting the company and its ambitious chairman as flagbearers for a new breed of Chinese dealmakers. But …
June 14, 2017
Anbang Insurance Group, one of China’s most aggressive buyers of overseas assets, said on Wednesday its chairman was temporarily unable to fulfill his duties, just over a week after denying reports he had been barred from leaving the country. The …
June 14, 2017
Tennessee Department of Commerce and Insurance (TDCI) and the United States Postal Service have issued a reminder to Tennessee homeowners to obey leash laws to avoid costly dog bite insurance claims this year. For 2016, the Insurance Information Institute and …