Uber’s Plans for Trucking Industry Hit Detours June 16, 2017 By Heather Somerville and Julia Love Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with...
Kaufman Financial Group CEO Joins St. John’s University Risk Management Board June 15, 2017 Alan Jay Kaufman, chairman, president and CEO of Detroit/Farmington Hills, Michigan-based H.W. Kaufman Financial Group, has joined the School of...
House Panel Gets Down to Business on Flood Insurance Proposals June 15, 2017 By Andrew G. Simpson House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is...
Insurance Research Finds Many Homeowners Don’t Understand Deductibles June 15, 2017 Almost five years after Superstorm Sandy, one third of homeowners in several coastal states are still unaware of hurricane deductibles...
AIG ‘Smart’ Policy Uses Blockchain to Manage International Coverage for Bank June 15, 2017 American International Group Inc. and Standard Chartered Bank plc announced they have successfully piloted what they say is the first...
Insurers Adapt Terrorism Policies with Loss of Attraction, Violent Acts, Other Coverages June 15, 2017 By Carolyn Cohn, Noor Zainab Hussain and Suzanne Barlyn The changing nature of attacks in Western cities has led insurers to offer new policies, from straightforward cover for business...
XL Catlin Launches New Contractors Pollution Liability Express Program June 15, 2017 XL Catlin has launched its new Contractors Pollution Liability Express Program in the US and Canada for small to mid-size...
With Insurer Backing, Home Sensor Startup Notion Raises $10 Million June 14, 2017 Insurer XL Catlin’s venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet...
In ‘Classic’ Soft Market Battle, Brokers and Carriers Attack Each Other June 14, 2017 By Susanne Sclafane Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities...
Prime Insurance to Use $10M Capital Investment for New York, California Expansion June 14, 2017 Prime Holdings Insurance Services, Inc., a Utah-based holding company for excess and surplus lines insurance services firms, said it received...