Wall Street Journal: Collapse of Southport Lane’s Insurance Empire March 23, 2015 An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers’ investments was built by...
U.S. to Streamline Approval for Commercial Drone Use March 22, 2015 By David Morgan The U.S. Federal Aviation Administration plans to unveil new steps soon to make it easier for companies to use drone...
Obama Administration Releases Regulations on Fracking on Federal Lands March 22, 2015 By Jim Polson and Mark Drajem The Obama administration issued the first federal regulations for fracking since the drilling technique fueled a domestic energy boom, requiring...
Partner Perspective The Last Manual Frontier: Why Claims Automation Stalls at the Supplement Presented by Cotality Could there finally be a solution to the nagging claims supplement problem? For years, the property insurance industry has pursued...
Court OKs AIG $970M Pact with Investors Over Subprime Mortgages March 22, 2015 By Brendan Pierson and Nate Raymond American International Group Inc. shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about...
Supreme Court Asked to Decide Standard for Vaccine Injury Compensation March 20, 2015 By Andrew Zajac The U.S. Supreme Court is being asked to decide whether people who suffer harmful vaccine side effects should have an...
Drunk Driver Ignition Locks Offer ‘Significant’ Benefits, Savings: Study March 20, 2015 By Alexandra Mondalek Putting technology that prevents drunk drivers from starting a vehicle into every car and truck in the U.S. could save...
Crestbrook to Offer Wildfire Mitigation for High Value Homeowners March 20, 2015 Crestbrook Insurance Co., an affluent market personal lines carrier, has launched Crestbrook Wildfire Solution Program in collaboration with Wildfire Defense...
H.R. Haldeman’s Son Recalls Life Before, After Watergate; Own Entry Into Insurance March 19, 2015 By Andrew G. Simpson Visiting his father in jail was a “blessing” of sorts for Hank Haldeman, son of H.R. Haldeman, President Nixon’s chief...
Might Human Drivers Be Outlawed? March 19, 2015 By Andrew G. Simpson Tesla Motors co-founder and CEO Elon Musk thinks that human-driven cars could eventually be outlawed as computers show they can...
Solar Storm Jolts Earth; No Damage Reported March 19, 2015 By Seth Borenstein A severe solar storm smacked Earth with a surprisingly big geomagnetic jolt Tuesday, potentially affecting power grids and GPS tracking...