Is the Aviation Insurance Market Ready for a COVID-19 Vaccine? November 17, 2020 By James Jordan and Paul Woodley As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need...
Federal Reserve Raises Questions Over Life Insurers’ Risk of Coronavirus Claims November 17, 2020 By Alwyn Scott U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted...
U.S. Safety Agency Expands Probe Into 159,000 Teslas Over Touchscreen Failures November 17, 2020 By David Shepardson The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was expanding a probe into nearly 159,000 Tesla...
State Farm Fire Prevention Pilot Tests Sensors That Detect Electrical Wiring Defects November 17, 2020 By Jim Sams State Farm is sending sensors that can detect hazards in electric wiring to 40,000 homeowners in California, Arizona and Texas...
Risk Placement Services Launches Online Commercial Crime Product November 16, 2020 E&S wholesale broker and managing general agency Risk Placement Services has launched a commercial crime insurance product to cover losses...
World Encouraged by Moderna, Pfizer Vaccines’ Success in Trials November 16, 2020 By Julie Steenhuysen and Michael Erman Moderna Inc.’s experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company...
Independent Agents Seek Digital, Product Support From Carriers to Battle Direct Writers November 16, 2020 Independent insurance agents and their carrier partners face strong headwinds in their efforts to maintain their dominance among distribution channels...
U.S. Expected to Grant Safety Clearance for Boeing’s 737 MAX This Week November 16, 2020 By David Shepardson After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co. is set to win U.S....
GM Recalling 69,000 Chevy Bolt Electric Cars Over Fire Risk November 16, 2020 By Ben Klayman and David Shepardson General Motors Co. said on Friday it was recalling 68,677 electric cars worldwide that pose a fire risk after five...
Kevelighan: Talks with Institutes on Creating 21st Century Triple III Began Years Ago November 16, 2020 By Andrew G. Simpson Affiliating with The Institutes provides an opportunity for the industry’s Insurance Information Institute (III) to become more of a 21st...