Metromile: New App Resolves Some Claims in an Hour December 15, 2016 Pay-per-mile auto insurer Metromile has announced a new automated claims service that allows customers to file a claim entirely from...
SCOR Launches Contingent Capital Facility as Solvency Cover After Major Cat Event December 15, 2016 SCOR announced the launch of a new three-year contingent capital facility, which provides the group with €300 million ($319 million)...
Maine-Based MEMIC’s Founding President and CEO to Retire in 2017 December 15, 2016 The MEMIC Group, the Portland, Maine, headquartered workers’ compensation insurer, has announced the retirement of its founding President and CEO,...
Supreme Court Will Hear Case on Patent Litigants’ ‘Friendly Court’ Shopping December 15, 2016 By Andrew Chung The U.S. Supreme Court on Wednesday agreed to decide whether to limit where patent lawsuits may be filed, potentially threatening...
U.S. Issues New Safety Rules for Underground Gas Storage Facilities December 15, 2016 The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) issued an interim final rule (IFR) revising pipeline safety regulations to...
Allstate Continues Its Technology Drive, Invests in Autonomous Vehicle Research at Stanford December 15, 2016 By Andrew G. Simpson Allstate Insurance Co., the nation’s largest publicly-held personal lines insurer, is continuing its drive into new technology, agreeing to a...
XL Catlin Enhances Wording for Fine Art & Specie Offering in Europe December 15, 2016 XL Catlin’s insurance operations announced it has enhanced the wording of its all-in-one solution for collectors, arts and jewelry professionals,...
RenRe Chief Investment Officer & Treasurer to Leave, Succeeded by Brosnan & Dutt December 15, 2016 RenaissanceRe Holdings said that its chief investment officer and treasurer will be leaving the Bermuda-based reinsurer in the 2017 first...
Vermont Ski Resort Owner Suing Insurer to Fund Defense in Fraud Case December 15, 2016 A Vermont ski resort owner is suing his insurer in federal court for more than $2 million to fund his...
13 New York City Workers Arrested in $500K Insurance Fraud Scheme December 15, 2016 Thirteen current and former New York City employees have been arrested in a $500,000 insurance fraud scheme. Authorities say 10...