New York Fines Lockton Over NRA Insurance; Continues Probe of Other Players May 3, 2018 By Andrew G. Simpson Insurance broker Lockton will pay a $7 million fine for administering National Rifle Association (NRA) member insurance programs in New...
U.S. Safety Chief Contradicts Tesla Safety Claims on Autopilot May 3, 2018 By David Shepardson A U.S. traffic safety regulator on Wednesday contradicted Tesla Inc.’s claim that the agency had found that its Autopilot technology...
AAIS Files Cannabis Businessowners Insurance Policy in California May 3, 2018 AAIS (American Association of Insurance Services), a national not-for-profit insurance advisory organization governed by its member companies, has filed a...
SoftBank Talks Over Buying Stake in Swiss Re Stalled: Bloomberg May 2, 2018 By Ruth David, Patrick Winters and Giles Turner Talks between billionaire Masayoshi Son’s SoftBank Group Corp. and Swiss Re AG about buying a stake in the world’s second-biggest...
Drive to Autonomous Vehicles Slows After Series of Accidents May 2, 2018 By Brian Eckhouse A series of high-profile accidents involving self-driving cars are slowing the mad rush into the autonomous vehicles business, according to...
The Hartford Reports Big Profit Gain in Q1; Record New Commercial Business May 2, 2018 By Andrew G. Simpson The Hartford reported a big rise in net income for the 2018 first quarter, crediting improved overall underwriting results, lower...
Amazon, Lowe’s, Tesla Make ‘Dirty Dozen’ Unsafe Workplace List May 2, 2018 Amazon, Lowe’s and Tesla are among the firms on a list of employers with unsafe workplaces published by a federation...
Insurtechs Haven’t Yet Made Impression on Public May 2, 2018 Insurtechs may be trying to transform how carriers, brokers and agents do business, but customers aren’t widely aware of their...
Dedicated DocuSign Investor Turned $18 Million Into $700 Million in 12 Years May 1, 2018 By Lizette Chapman The biggest winner of DocuSign Inc.’s long-awaited initial public offering isn’t well-known. The venture capitalist has never appeared on a...
Purviance Takes Helm from DeCarlo at AmWINS; Other Management Changes Take Effect May 1, 2018 Scott M. Purviance has officially succeeded M. Steven DeCarlo as the chief executive officer at specialty wholesale broker AmWINS Group....