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Mercury Begins Offering Ridesharing Insurance in Arizona

Mercury Insurance is offering ridesharing insurance to cover Uber, Lyft and other transportation network company drivers in Arizona. The new coverage will provide drivers with insurance that will bridge the gap between their personal auto insurance and the coverage provided …

EPIC Names Allen West Region Loss Control Consultant

EPIC Insurance Brokers and Consultants has named Joshua Allen West region risk management loss control specialist. Allen will be based in EPIC’s Concord, Calif. office and he will report to Marianne Schleicher, chief operating officer of the Bay area region. …

La Nina Likely Waiting in Wings to Follow El Nino: U.S. Climate Center

A U.S. government weather forecaster on Thursday said the El Nino weather phenomenon under way was likely to dissipate by the Northern Hemisphere’s late spring or early summer and possibly transition to La Nina conditions later this year. The National …

How Supreme Court Could Upend Obama Clean Power Plan

The U.S. Supreme Court’s unexpected move to block President Barack Obama’s policy to cut pollution from coal plants highlights what both sides in the legal fight agree is a key weakness in the rules — a provision that expands the …

1 in 5 Vehicles Needs Recall Repair: Carfax

Nearly one in five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall, according to used-car history provider Carfax. There are more than 47 million cars …

‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market

A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern, Lloyd’s chief risk officer and general counsel. …

Kemper P/C Group Executive Lynch Exits

Kemper Corp.’s Denise I. Lynch is leaving her position as Property/Casualty group executive, effective immediately, to pursue other opportunities, the insurer said. The news comes after Kemper reported its P/C segment had a $5.1 million operating loss in the fourth …

Marsh Appoints Lobban as Senior Adviser on Cyber Risk

Marsh has announced the appointment of Sir Iain Lobban as senior adviser on cyber risk. Lobban is the former director of the Government Communications Headquarters (GCHQ), the UK’s security and intelligence organization. In the newly created role, Lobban will provide …

Judge Challenges Regulators’ Lawyer Over MetLife SIFI Tag

A U.S. lawyer defending the government’s decision to designate MetLife Inc. a threat to the American economy if it were to falter was questioned sharply by a federal judge who was asked by the company to remove the label. The …

Mapfre Posts 32% Drop in Q4 Net Profit to $132 Million

Mapfre SA, Spain’s largest insurer, cut its annual dividend and posted a 32 percent drop in quarterly net profit as income from premiums fell. The shares fell [on Feb. 10] to the lowest since August 2012. The Madrid-based insurer proposed …

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