Wed, 19 Feb 2020 06:42:12 +0000
RLI Transportation, a division of RLI Insurance Company, has partnered with Samsara, an industrial IoT company that provides sensors and software to manage vehicle fleets and industrial operations. The partnership will provide RLI Transportation custom...
Wed, 19 Feb 2020 06:22:05 +0000
A student is suing Drake University in Des Moines, along with a fraternity at the school and several fellow students for an unspecified amount after he said he nearly died from a hazing incident. Court documents filed Feb. 7 show …
Wed, 19 Feb 2020 06:17:42 +0000
Requests for proposals (RFPs) are everywhere these days. As internet sourcing makes the market more competitive, insurance brokers who are able to quickly and accurately complete RFPs can see huge benefits and gain a strategic advantage. Though new RFP...
Wed, 19 Feb 2020 06:12:58 +0000
The wind and hail insurance carrier of last resort for counties along the Texas coast has determined that its 1-in-100 probable maximum loss (1:100 PML) for the 2020 catastrophe year is $4.2 billion. At a quarterly meeting in Austin on …
Wed, 19 Feb 2020 06:05:26 +0000
A new bill introduced in Ohio would strengthen Ohio’s laws regarding the use of wireless devices, including smartphones, while driving. The Hands-Free Ohio bill, sponsored by Sen. Stephanie Kunze (R-Hilliard) and Sen. Sean J. O’Brien (D-Bazetta) would,...
Wed, 19 Feb 2020 06:00:35 +0000
May Mobility Inc.’s boxy white-and-green self-driving shuttle pulls up to a damp corner in downtown Detroit. Its big doors swing out revealing a safety driver and six seats that face each other. It’s more comfortable than a subway car or …
Wed, 19 Feb 2020 06:00:20 +0000
After Back to the Future 2 was released in 1989, moviegoers could observe Marty McFly as he traveled to his version of 2015 where fingerprints were used to identify a person, to unlock the front door of a house and …
Wed, 19 Feb 2020 05:41:34 +0000
Renaissance Alliance Insurance Services, a nationwide membership alliance for independent insurance agencies, has added three independent insurance agencies to its Florida network. The new members include: Bellken Insurance Group, LLC, Davie, Fla., is ...
Wed, 19 Feb 2020 05:25:12 +0000
Atlantic Casualty Insurance Co., a national provider of commercial insurance products, will create 83 jobs and invest more than $11.8 million through an expansion of its Wayne County, N.C., headquarters, according to a statement from the North Carolina...
Tue, 18 Feb 2020 23:44:54 +0000
A non-profit consumer group announced on Tuesday it has filed a lawsuit to compel California Insurance Commissioner Ricardo Lara and the California Department of Insurance to hand over records of Lara’s meetings and communications with insurance compan...
Tue, 18 Feb 2020 23:26:31 +0000
A newly proposed bill would clarify under California law the concept of “hardened homes” that are safer or more resistant to wildfires and then require admitted carriers to cover those homes. California’s insurance commissioner and several lawmakers on...
Tue, 18 Feb 2020 19:11:34 +0000
A risk professional is no longer merely someone who just focuses on protecting assets, according to Ward Ching, a managing director of the Western region at Aon. Ching not only sees a growing need for risk professionals to realize this …
Tue, 18 Feb 2020 18:15:42 +0000
The members of the Surplus Line Association of California have elected Terri Moran of Paul Hanson Partners as chair of the SLA board of directors. Moran’s election became official at the SLA annual meetings on Feb. 4 and Feb. 6 …
Tue, 18 Feb 2020 16:24:42 +0000
Hurricane Harvey’s historic flooding in 2017 overwhelmed power systems at Arkema Inc.’s chemical plant in suburban Houston, eventually causing organic peroxides made at the facility to catch fire and explode, sending noxious black smoke into the air. T...
Tue, 18 Feb 2020 15:18:31 +0000
The Arizona Senate has passed a bill designed to boost protections for firefighters and other first responders who are diagnosed with cancers linked to the workplace. The proposal from Republican Sen. Heather Carter ensures that listed cancers contract...
Tue, 18 Feb 2020 15:16:39 +0000
The Washington Senate has passed a data privacy measure that would give consumers the right to manage how information held by private companies is used. The measure, called the Washington Privacy Act, passed on a bipartisan 46-1 vote and now …
Tue, 18 Feb 2020 13:35:28 +0000
Insurance Office of America (IOA) has merged with New Jersey-based RDA Benefit Services, owned by Bob and Nancy Damato. The merger became effective Jan. 1, 2020, and further adds to IOA’s growing team in the Northeast region. RDA has served …
Tue, 18 Feb 2020 13:28:23 +0000
A Massachusetts chemical manufacturing plant re-opened Friday, a day after at least six explosions at the facility forced workers to evacuate and blew a hole in the roof. Seqens North America, formerly PCI Synthesis, in Newburyport, in a statement Frid...
Tue, 18 Feb 2020 13:25:16 +0000
A former Pennsylvania pharmacist is suing the medical marijuana dispensary where she worked on allegations she was fired after refusing to illegally sample the shop’s products. Carol Kopiak, of Wilkes-Barre, filed a lawsuit Wednesday against her former...
Tue, 18 Feb 2020 13:11:26 +0000
The Boy Scouts of America said on Tuesday it had filed for Chapter 11 bankruptcy amid a flood of lawsuits over allegations of child sexual abuse stretching back decades. The bankruptcy is not expected to affect the organization’s programs, which …
Tue, 18 Feb 2020 12:34:04 +0000
QBE Insurance Group announced that Michael (Mike) Wilkins has been elected to succeed W. Marston (Marty) Becker as chairman of the group board. Wilkins will step into the role of group chairman on March 1, 2020, and Becker will retire …
Tue, 18 Feb 2020 12:04:31 +0000
Swiss Re’s iptiQ and IKEA announced the launch of HEMSÄKER, home insurance that provides accessible protection at an affordable price, said Swiss Re in a statement. HEMSÄKER, which can be purchased online via the IKEA website, was created to extend …
Tue, 18 Feb 2020 11:13:49 +0000
Storm Sabine caused insured losses of 675 million euros ($731 million) in Germany this month, the GDV Insurance Association said on Tuesday, making it the sixth most costly storm in Europe’s largest economy since 2002. Storm Sabine, which was known …
Tue, 18 Feb 2020 10:45:07 +0000
Arch Reinsurance, a wholly owned subsidiary of Bermuda-based Arch Capital Group Ltd., announced it has entered into an agreement in principle to obtain a majority stake in Precision Marketing Asia Pacific (PMAP), subject to regulatory and other approva...
Tue, 18 Feb 2020 09:47:03 +0000
China’s southern province of Hainan has launched the first specially designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said. The scheme has set ...
Tue, 18 Feb 2020 09:06:24 +0000
Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, according to people familiar with the matter. Great Easter...
Tue, 18 Feb 2020 06:56:40 +0000
A Louisiana appeals court ruled that a former high school student who was hospitalized after being ordered to perform 200 pushups as punishment was rightfully awarded more than $180,000 in damages. Former McKinley High School student Tristen Rushing wa...
Tue, 18 Feb 2020 06:53:17 +0000
A western Iowa school district will pay $4.8 million to settle a lawsuit brought by the family of 16-year-old girl who died in a 2017 school bus fire that also killed the bus driver. Riverside Community School District has reached …
Tue, 18 Feb 2020 06:51:53 +0000
Two people suffered minor injuries in a fire that destroyed a Fort Dodge, Iowa, towing and auto business in northwestern Iowa, officials said. The fire broke out in the afternoon on Feb. 14 in Mid Iowa Towing, television station KCCI …
Tue, 18 Feb 2020 06:44:56 +0000
The widow of a slain Chicago Police Department commander has filed a lawsuit against the website used to sell the gun tied to her husband’s death. The Chicago Sun-Times reports Erin Bauer and the nonprofit gun control group Brady filed …