Velocity Risk Partners with LSU to Develop Gulf Coast Hurricane Model June 25, 2024 Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a...
Uber Picks Once-Rival Aurora to Launch Driverless Truck Offering in Texas June 25, 2024 By Rachel Phua and Natalie Lung Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for...
SE People Moves: Floyd Named IIAG President; CRC Adds Two to Tampa Team June 25, 2024 Jimbo Floyd, head of Turner Wood and Smith Insurance in Gainesville, Georgia, has been sworn in as president of the...
BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers June 25, 2024 By Charles Gorrivan A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according...
Zurich Insurance Adding 600 People in India Following Kotak Deal June 25, 2024 By Preeti Singh Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people...
US Judge Skeptical of Biden Overtime Pay Rule June 25, 2024 By Daniel Wiessner A federal judge in Texas on Monday seemed likely to stop a Biden administration rule that would extend mandatory overtime...
Markets/Coverages: Relm Insurance Releases Difference in Conditions Solution for D&O June 25, 2024 Relm Insurance, the Bermuda-based specialty insurance carrier, announced the release of its Side A Difference in Conditions (DIC) solution. Relm’s...
Ford Recalls 668,000 2014 F-150 Pickup Trucks Over Transmission Issue June 25, 2024 By David Shepardson Ford Motor said Tuesday it is recalling 668,000 F-150 pickup trucks worldwide from the 2014 model year because vehicles can...
PCF Insurance Acquires Multiple Agencies, Benefits Platform June 25, 2024 PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in...
Business Moves: Broker PCF Makes 4 Acquisitions in 4 States June 25, 2024 Broker PCF Insurance Services continued its recent buying spree with the purchase of four insurance businesses in North Carolina, Pennsylvania,...