Monthly Archives: <span>May 2019</span>

Maersk’s Blockchain Platform Gains 2 Large Shippers

Two of the world’s biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping. With Mediterranean Shipping Co (MSC) and CMA CGM, the second- and fourth-largest …

Increasing Physician Prices Doesn’t Produce Better Results for Injured Workers

When the price of physician services increases relative to group health rates, injured workers report fewer problems getting the care they want but no significant improvement in physical function or speedier return to work, according to a study released Thursday …

European Regulators Vow Independent Review of Boeing 737 Safety

European regulators assessing changes to Boeing Co.’s grounded 737 Max will scrutinize the jet’s entire flight-control system before a return to the skies can be approved. The review by the European Union Aviation Safety Agency will include the plane’s displays, …

How Autonomous Vehicles Improve Traffic Flow

A fleet of driverless cars working together to keep traffic moving smoothly can improve overall traffic flow by at least 35 percent, researchers have shown. The researchers, from the University of Cambridge, programmed a small fleet of miniature robotic cars …

West Virginia AG Files Amended Suit Against State Catholic Diocese Over Abuse

West Virginia’s Roman Catholic diocese failed to publicly disclose decade-old allegations of sexual abuse of a student involving a Catholic school teacher, the state’s attorney general said May 21. Attorney General Patrick Morrisey announced an amended lawsuit against the Diocese …

Cyber MGU At-Bay Launches Excess Policy for High Revenue Clients

Cyber insurance MGU At-Bay has launched an excess cyber insurance policy for clients with up to $5 billion in annual revenue, with available limits up to $10 million. At-Bay developed this product to fulfill broker demand for access to the …

AAA Survey: Floridians Concerned for Upcoming Hurricane Season

Floridians are becoming more concerned about hurricane season, after enduring four major storms in the past three years, including a category five last year, according to a survey from AAA. The AAA survey, conducted online of 400 residents living in …

Appalachian Underwriters Hires 3 to its Commercial Specialty Division

Appalachian Underwriters, Inc. has hired three new underwriters to its Commercial Specialty division. April Cook comes to AUI with background in the underwriting industry, starting as a property and casualty renewal underwriter with an agency and then moving into workers’ …

New York Reclaims Top Financial Center Title from London

New York once again has bragging rights as the world’s leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the UK economy. However, the Big Apple ought to be worried …

Texas Surplus Lines Brokers Can Now Input Policy Limit Info Into EFS

Agents and brokers can now input policy limit information directly into the Surplus Line Stamping Office of Texas’ (SLTX’s) Electronic Filing System (EFS). A new field has been added to the system to allow input of the highest aggregate limit …