Personal Auto Rate Hikes Not Keeping Up with Losses: Fitch March 30, 2017 U.S. personal auto underwriters increased premium rates “significantly” in 2016. But here’s the thing: it wasn’t enough. Loss trends are...
Volkswagen Reaches Another Diesel Claims Settlement with 10 States for $157 Million March 30, 2017 Volkswagen AG said Thursday it has agreed to settle environmental claims from 10 U.S. states over its excess diesel emissions...
The Hartford Names Tooker as Head of Middle Market Segment March 30, 2017 The Hartford has named A. Morris “Mo” Tooker, currently chief underwriting officer, as head of its Middle Market segment. Tooker...
Bedbugs, Peacocks Among Animal Insurance Claims by Businesses March 30, 2017 By Suzanne Barlyn Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed...
Judge to Hear Objection to Trump University’s $25 Million Settlement March 30, 2017 By Karen Freifeld A U.S. judge will hear arguments on Thursday over whether to grant final approval to a $25 million settlement of...
Chipotle Blocks One Class Action On Overtime Pay as Another Advances March 30, 2017 By Daniel Wiessner A federal judge on Wednesday granted a bid by Chipotle Mexican Grill Inc. to undo a class action lawsuit by...
Police Report on Uber Self-Driving Car Crash Tells Complex Tale March 30, 2017 By Mark Bergen A recent crash involving an Uber Technologies Inc. driverless car suggests autonomous software sometimes takes the same risks as the...
Wells Fargo Settles Sham Account Claims for $110 Million March 29, 2017 Wells Fargo & Co. said it agreed to pay $110 million to settle a lawsuit by customers challenging its opening...
Drone Maker DJI Offers Operator ID Framework March 29, 2017 The world’s largest maker of unmanned aircraft systems (UAS), China’s DJI, has proposed an electronic identification framework for UAS that...
Republicans Ask Treasury to End ‘Too Big To Fail’ Process for Non-Banks March 29, 2017 By Elizabeth Dexheimer Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial...