Fairmatic Bets On Driver-Driven Premium Adjustments to Score in Commercial Auto September 17, 2019 By Amy O'Connor Managing general agent (MGA) Fairmatic has introduced a usage-based insurance model that features monthly commercial auto premium adjustments based on...
Specialty Lines Insurance: Innovating at the Edges of Society and the Economy September 17, 2019 By L.S. Howard Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding...
Experts Not Worried About Saudi-Like Drone Attack Knocking Out U.S. Oil Production September 17, 2019 The style of attack used against oil plants in Saudi Arabia that knocked out half of the country’s production on...
Centers for Disease Control Prioritizes Investigations into Vaping-Related Illnesses September 17, 2019 The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it has activated its emergency operations center to...
Lawsuits Targeting E-Cigarettes Increase Along with Death, Illness Reports September 17, 2019 By Brendan Pierson Several deaths and potentially hundreds of illnesses have been tied to e-cigarettes, which allow users to inhale nicotine vapor, often...
Agency Vows Lower Cyber Insurance Deductible for Multi-factor Verification September 17, 2019 Coalition, a cyber insurance agency for small and midsize businesses, has launched an incentive program to reward policyholders who implement...
IRS Makes Settlement Offer to Taxpayers Involved in ‘Dirty’ Micro-Captive Insurance September 16, 2019 The Internal Revenue Service said it is mailing a time-limited settlement offer for certain taxpayers under audit who participated in...
Startup Agency Zeguro Helps Businesses Manage Cyber Risk and Insurance Premiums September 16, 2019 By Mark Hollmer Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways. The...
Amazon Under Scrutiny Over Claims of Unsafe Conditions for Delivery Drivers September 16, 2019 Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing...
Facing Thousands of Opioid Lawsuits, Purdue Pharma Files for Bankruptcy Protection September 16, 2019 By Mike Spector OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging...