The vice chairman of the National Transportation Safety Board in the final report on a deadly Amtrak derailment in Washington in 2017 blasted what he described as a “Titanic-like complacency” among those charged with ensuring train operations were safe. The …
One year after its initial public offering raised $84 million, online insurance marketplace EverQuote announced it is expanding into health insurance and renters insurance, building on its existing auto, home and life insurance marketplace offerings. The Cambridge, Mass.-based company says …
An international standard setting body has proposed a one-year delay and changes to the first global accounting rule for insurance contracts following industry calls for a cut in compliance costs and more time. The International Accounting Standards Board (IASB) published …
The head of the Massachusetts motor vehicle division has resigned for failing to terminate the commercial driving license of man whose collision with a group of motorcyclists in New Hampshire left seven dead. Volodymyr Zhukovskyy, 23, on Tuesday pleaded not …
A Maryland woman who says a tram dragged her along the Ocean City boardwalk is suing the popular vacation town for negligence. Mona and Gregory Jones are seeking $75,000 in response to the September 2017 accident. Court documents state Mona …
New Jersey’s environmental regulators have failed for nearly a decade to meet a legal requirement they provide a detailed written account for each year of enforcement actions against polluters of state waterways, the Associated Press has found. The Clean Water …
The Delaware Department of Insurance recently received notice of a data security breach suffered by Dominion National, an insurer and administrator of dental and vision benefits, that impacted 95,000 Delaware residents. On April 24, 2019, through its investigation of an …
Blackboard Insurance, an American International Group company, announced that John Mizzi will join the team as head of Growth and Underwriting. Mizzi will lead the underwriting team as Blackboard expands its use of data, analytics and technology to serve the …
The U.S. property/casualty industry showed a year-over-year 69% increase in net income to $59.2 billion in 2018, owing to lower losses from catastrophic events, favorable development of prior years’ loss reserves and higher net investment income, ratings agency A.M. Best …
The U.S. Supreme Court on Wednesday constrained the power of federal agencies, scaling back a legal doctrine that calls for judges to give agencies deference to interpret their own rules but declining to eliminate it as four conservative justices wanted. …
