The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to $24.5 billion in 2018 from $13.3 billion in 2009, …
One out of six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn’t necessarily a safer option: nearly a quarter …
AXA XL, a division of AXA, has named Raymond Chiusano to lead its North America Property Insurance team’s Northeast region, based in New York. Chiusano is assuming the role currently held by Joseph Moylan, who announced his planned 2020 retirement. …
Sullivan Insurance Group has hired Peter Russell as a principal. Russell has worked in the insurance industry for more than 30 years and is responsible for the management of client insurance and risk management programs, as well as new business …
Jimcor Agency Inc., a Montvale, N.J.-based independent managing general agent and insurance wholesaler, has hired Joshua Burke in its Hopkinton, Mass., location as it seeks to expand its footprint in the New England region. Prior to joining Jimcor Agencies, Burke …
Ride-hailing apps like those of Uber Technologies and Lyft Inc. are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday. At the annual Collision Conference in …
Three Democratic senators helping write a privacy bill are seeking to allow individuals to sue companies for mishandling their data, according to Republican Senator John Thune. The measure would raise the burden on businesses and could imperil Congress’s ability to …
PG&E Corp. may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility’s equipment, the judge overseeing the bankruptcy of the investor-owned power …
A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May 25 last year, the General …
A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer caused cancer. Feinberg has been instructed to meet with lawyers for …
