Utah Pharmacy Sued Over Alleged Prescription Violations December 9, 2020 Fedral prosecutors in Utah have sued a pharmacy after claiming employees allegedly filled hundreds of opioid prescriptions for members of...
Pandemic-Stricken Uber Sells Its Robot-Vehicle Division December 9, 2020 By Michael Liedtke and Cathy Bussewitz Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled...
Kaufman, Burns & Wilcox Promote 16 Including Heckman to New Positions December 9, 2020 H.W. Kaufman Group and its wholesale insurance broker subsidiary Burns & Wilcox announced promotions of 16 associates across nine locations...
Germany’s Getsafe Raises $30M from Swiss Re and Others; Eyes Becoming Full Carrier December 9, 2020 By Mark Hollmer Digital MGA Getsafe disclosed $30 million in new financing led by new investor Swiss Re. The Heidelberg, Germany-based InsurTech said...
Middle Market Firms May Be Untapped Telematics Opportunity December 9, 2020 Middle market business owners may be more interested in vehicle telematics insurance products than their agents realize. Approximately 14 percent...
Everest Insurance Names Clark Senior VP, Head of Everest Specialty Underwriters December 9, 2020 Everest Insurance has named Robert Clark as senior vice president and head of Everest Specialty Underwriters (ESU). Clark will continue...
World Insurance Associates Acquires Connecticut’s The Watts Group December 9, 2020 World Insurance Associates LLC (WIA) has acquired The Watts Group LLC of West Hartford, Conn. Terms of the transaction were...
Three Hospitalized After Gas Explosion at Virginia Restaurant December 9, 2020 Three people were hospitalized Thursday following a gas explosion in the kitchen of a Virginia restaurant, leaving one of the...
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...
New Sirius U.S. Excess & Surplus Unit Begins Writing Environmental Business December 9, 2020 Sirius International Insurance Group Ltd. announced its new U.S.-based excess & surplus lines (E&S) platform, called Sirius Specialty Insurance Co....