Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products July 25, 2016 By Andrew G. Simpson Munich Re has partnered with New York City-based insurtech startup Slice Labs Inc. as Slice prepares to launch its first...
Changing Political Risk Landscape: Religious Extremists, Cyberterrorism Cause Concerns July 25, 2016 By Amy O'Connor In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential...
California Agent Allegedly Took $100K from Employer And Clients July 25, 2016 Suren Hovhannisyan, 27, a licensed insurance agent in North Hollywood, Calif., was arrested at his residence in early July on...
What Keeps D&Os Awake at Night? Coverage Concerns Rise July 25, 2016 By L.S. Howard There are numerous emerging liability risks that may be keeping corporate directors and officers awake at night, which is why...
Washington Transit Operator Settles with Cyclist for $2.75M July 25, 2016 Kitsap Transit has settled a lawsuit with a Washington woman who was hit by a bus while riding her bicycle...
What to Know About Liability and Legal Costs for Apps July 25, 2016 By Daven Lowhurst and Brian McDonald The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have...
Navigating California’s High Workers’ Comp Rates and Excessive Lawsuits July 25, 2016 By Jeff Breskin California employers routinely pay the highest insurance rates for workers’ compensation in the country. The increasing rates are due to...
Fire Damage at Oklahoma Power Plant Could Reach $200M July 25, 2016 Officials say the cost of damage from a fire at the Grand River Dam Authority’s main generating facility in Chouteau,...
$30M Settlement with Bristol-Myers Squibb in California Whistleblower Suit July 25, 2016 California Insurance Commissioner Dave Jones reached a $30 million settlement with pharmaceutical giant Bristol-Myers Squibb earlier this month over allegations...
SLSOT’s Essary Intent on Using Data to Better Communicate with Stakeholders July 25, 2016 By Stephanie K. Jones Surplus lines may not be the most widely understood segment of the property/casualty insurance industry but for risk managers of...