Lawsuit Filed Against General Motors Over Ignition-Switch Recall Losses March 16, 2014 By Joel Rosenblatt General Motors Co. was sued on behalf of vehicle owners over an ignition flaw in some small- model cars as...
Sentry Insurance to Provide DriveCam Program to Transportation Clients March 14, 2014 Lytx, Inc. (formerly DriveCam, Inc.), a global driver safety and compliance product company, has signed an agreement with Wisconsin-based Sentry...
Uber Announces New Policy to Cover Gap March 14, 2014 By Don Jergler Ridesharing company Uber on Friday said it has new insurance to cover a gap between personal and commercial policies when...
P/C Reinsurance Market Softer Due to Alternative Capital: Execs March 14, 2014 A new survey from Towers Watson confirms that more than half (55 percent) of property/casualty insurance chief financial officers believe...
Many Could Escape Obamacare Individual Mandate Due to Exemptions March 14, 2014 By Alex Wayne Obamacare’s requirement that all Americans carry insurance or face penalties, part of the effort to gain universal coverage, may not...
Senate Approves Bill to Curb Flood Insurance Hikes March 13, 2014 By Andrew G. Simpson The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and...
Agency M&A in 2013 Reverted to Norm After Busy 2012: OPTIS Partners March 13, 2014 Mergers and acquisitions of insurance agencies fell in 2013, with 248 reported transactions in the United States and Canada, according...
No Consensus Among States Over Data Breach Laws March 13, 2014 By Eric Tucker The data breach at Target Corp. that exposed millions of credit card numbers has focused attention on the patchwork of...
Employers Raise Employees’ Deductibles to Curb Health Costs March 13, 2014 By Caroline Chen Four of five U.S. companies have raised deductibles or are considering doing so as health costs increase, according to a...
Workers’ Comp Needs to Catch Up with Healthcare Changes: Economist Gruber March 12, 2014 By Andrew G. Simpson Workers’ compensation must align itself with the rest of the changing healthcare system to avoid increased cost-shifting by workers and...