Most Commercial Insurance Rates Were Up Slightly in Q4: IVANS Index January 11, 2018 The IVANS Index of premium rate renewals for the fourth quarter showed a slight rise in the average rate change...
Federal Safety Agency Seeks to Remove Roadblocks to Autonomous Trucks, Buses January 11, 2018 By Ryan Beene Federal regulators are taking the first step toward creating a policy guiding the development of autonomous transportation beyond self-driving cars...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield January 11, 2018 By L.S. Howard Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which...
Failure to Agree on Brexit Deal Could Jeopardize 500,000 UK Jobs: Study January 11, 2018 By Alex Morales What would happen if the U.K. leaves the European Union in March 2019 with no deal on the single market,...
Qatar Re Authorized by UK Regulator to Underwrite from London Branch Office January 11, 2018 Qatar Reinsurance Co. Ltd. announced it has received authorization from the UK Prudential Regulation Authority to underwrite business from its...
XL Group: Loss Estimates of $45M Related to Southern California Wildfires January 11, 2018 XL Group Ltd. on Wednesday announced preliminary estimates of natural catastrophe net losses of roughly $45 million related to the...
Compensation for Iran Tanker Accident Could Be Complicated by U.S. Sanctions January 11, 2018 By Jonathan Saul The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week...
Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States January 11, 2018 California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new...
Kentucky Reports $10.5M Returned to Insurance Consumers in 2017 January 11, 2018 The Kentucky Department of Insurance’s (DOI) Consumer Protection Division returned over $15 million to Kentucky consumers during 2017, the department...
Duke Energy Will Pay $84K Penalty for North Carolina Coal Ash Leaks January 11, 2018 By Emery P. Dalesio The country’s largest electricity company will pay an $84,000 penalty and work to stop potentially toxic waste from three North...