A New Jersey man who owned moving companies has admitted cheating customers by low-balling estimates and then jacking up prices once the goods were on his trucks. Rami Zubidat of Clifton on Wednesday pleaded guilty in federal court to conspiracy …
The Geneva Association, the global organization of insurance and reinsurance chief executive officers (CEOs), announced the election of four new board members. They are: Yuansiong Lee, co-CEO, Ping An Insurance Co. of China; Charles F. Lowrey, CEO, Prudential Financial; Jianmin …
ACORD, the global standards body for the insurance industry, has announced that Riskbook was the winner of the London semi-final round of the ACORD InsurTech Innovation Challenge (AIIC), with RITA and Optimiz.Claims named as runners up. Riskbook is focusing on …
PURE Programs has expanded its coverage for high value homeowners into Texas, Louisiana, Mississippi, Alabama, and Georgia. Across the region, PURE Programs will offer coverage for homes with a rebuilding cost of $1 million to $50 million that do not …
The Kansas Supreme Court on Friday ruled that the state’s cap on damages for noneconomic injuries in personal injury lawsuits is unconstitutional. The court ruled 4-2 that capping damages an injured person is able to recover in a lawsuit violates …
U.S. drugmakers on Friday filed a lawsuit to prevent the companies from disclosing the list price of prescription drugs in direct-to-consumer television advertisements as per a newly proposed government regulation. The lawsuit was jointly filed by Amgen Inc, Merck & …
The Arkansas Insurance Department at the end of May announced a 60-day moratorium on the cancellation/non-renewal of policies for non-payment of premiums after Gov. Asa Hutchinson declared a State of Emergency due to the massive and ongoing flooding of the …
National Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed Nick Greggains CEO of Pioneer’s U.S. operation, effective March 25. Greggains succeeds previous U.S. CEO Gene Hinman, who will serve as president of Pioneer US until his retirement …
Some 7.3 million U.S. homes with an estimated reconstruction cost of $1.8 trillion are at risk from storm surge, Irvine, California-based data analytics provider CoreLogic said in its 2019 Storm Surge Report, issued days before the start of the 2019 …
FedEx Contractor Program Market Detail: Avant Brokerage (www.avantbrokerage.com) is seeking agents in the Western U.S. writing coverage for FedEx Ground independent contractors. Program features include: limited distribution channel, meets all FedEx lease requirements; competitive pricing; A-rated paper. Coverage available includes: …
