Reinsurers More Likely to Report Natural Disaster Underwriting Losses: S&P August 15, 2017 Things could get rougher for global reinsurers if annual natural catastrophe claims keep moving closer to the long-term average, Standard...
Tesla Developing Self-Driving Long Haul, Electric Truck August 15, 2017 By Marc Vartabedian Tesla Inc. is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a...
Court Shaves $2 Million in Lawyers’ Fees from Whirlpool Moldy Washer Settlement August 15, 2017 By Jonathan Stempel A federal appeals court reduced by $2 million the legal fees that Sears Holdings Corp. and Whirlpool Corp. must pay...
Why and How P/C Insurance Carriers Should Work with Insurtechs August 15, 2017 By Andrew G. Simpson Startup insurtechs need partnerships more than they need money from insurance carriers, according to one leading venture capitalist actively funding...
Car Break-Ins Drop in Alabama City After it Promotes ‘Remove it, Lock it or Lose it’ Policy August 15, 2017 By Rebecca Burylo Don Cook was asleep in his Hillwood home when the security alarm on his phone woke him up just past...
West Virginia Woman Awarded $1.5M Over Deputy Crash Into Home August 15, 2017 A West Virginia woman who filed a lawsuit after being injured when a deputy crashed into a townhome has settled...
Major Florida City to Get Rid of Red-Light Cameras August 15, 2017 A major Florida city is planning to get rid of its red-light cameras after data show the devices haven’t reduced...
Florida Regulators Set Date for Citizens Public Rate Hearing August 15, 2017 The Florida Office of Insurance Regulation (OIR) announced it will conduct a rate hearing on Aug. 31, 2017 to receive...
USG Names Roy Producer in Southern California August 14, 2017 USG has named Dave Roy a producer/broker in its Irvine, Calif. office. Roy will continue building his book of business...
California Department of Workers’ Comp Dismissing 292K-Plus Unresolved Liens August 14, 2017 The California Division of Workers’ Compensation is dismissing more than 292,000 unresolved liens. The liens belong to claimants who did...