Liability, Safety and Infrastructure Concerns Slow Development of Self-Driving Cars November 5, 2020 By Will Kaufman Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying,...
Former Insurance Agent Charged, Has License Permanently Revoked in Wisconsin November 5, 2020 A former insurance agent in Wisconsin charged with violations of insurance laws has had his license permanently revoked and must...
Causey Re-Elected as North Carolina Insurance Commissioner November 5, 2020 By Amy O'Connor Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the...
Arthur J. Gallagher & Co. Buys Australia’s Effectus Consulting Pty Ltd. November 5, 2020 Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were...
Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava November 5, 2020 AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based...
U.S. P/C Insurer Impairments Rise Slightly in 2019: AM Best November 5, 2020 The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating...
AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team November 5, 2020 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and...
Newfront Insurance in California Adds Tennis in Employee Benefits November 5, 2020 Newfront Insurance in San Francisco, Calif., has named Dana Tennis a principal and employee benefits producer. Tennis was previously with...
Delaware Elects Incumbent Insurance Commissioner Navarro to Second Term November 5, 2020 By Elizabeth Blosfield Delaware’s incumbent insurance commissioner Trinidad Navarro has been elected to a second term, beating out opponent Dr. Julia Pillsbury with...
Allstate Reports 26.7% Increase in Q3 Net Income to $1.13 Billion November 5, 2020 The Allstate Corp. reported a 26.7% increase in its third quarter net income, primarily due to higher auto insurance underwriting...