Tue, 25 Apr 2017 09:55:12 +0000
French prosecutors started a preliminary investigation of alleged fraud at PSA Group, the latest car manufacturer to be targeted over potential violations of emissions rules in the aftermath of Volkswagen AG’s diesel-cheating scandal. The stock fell t...
Tue, 25 Apr 2017 08:20:22 +0000
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kerry McKay to the newly created role of head of Distribution and Client Management for Continental Europe. He will report directly to LSM’s head of Europe, Kadidja ...
Tue, 25 Apr 2017 07:51:32 +0000
Oxbotica, the Oxford-based artificial intelligence company that is developing driverless cars for the UK, announced it is leading a consortium of companies that plans to trial a fleet of fully autonomous vehicles in urban areas and on motorways, culmin...
Tue, 25 Apr 2017 06:48:42 +0000
Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging markets. Insurers say demand is being driven by unce...
Tue, 25 Apr 2017 05:27:50 +0000
The Georgia State Patrol says 10 people were injured in a 16-car pileup that shut down southbound Interstate 75 for nearly four hours. WSB-TV reports that the accident happened just before 2 p.m. on Sunday along I-75 at Allatoona Lake …
Tue, 25 Apr 2017 05:22:09 +0000
Officials say they have ended restrictions on poultry producers that were enacted after the first confirmation of avian influenza in commercial birds in Georgia. News outlets report state veterinarian Robert M. Cobb Jr. said in a news release that effe...
Tue, 25 Apr 2017 05:17:29 +0000
A 54-year-old man died after riding Disney’s Big Thunder Mountain Railroad roller coaster in February. The man had a pre-existing condition and collapsed and died at a hospital after riding the roller coaster. The Orlando Sentinel said man’s death was …
Tue, 25 Apr 2017 05:00:45 +0000
Monumental views on insurance and risk in the nation’s capital?  Surely we jest. Well,  we will  take an occasional dip into the Potomac waters to poke fun, but overall we hope this reporting on insurance and risk as seen from the nation’s …
Tue, 25 Apr 2017 05:00:14 +0000
The 14th annual Excellence in Risk Management report finds an apparent lack of awareness among many risk professionals on existing and emerging technologies including telematics, sensors, the Internet of Things (IoT), smart buildings and robotics, a...
Tue, 25 Apr 2017 03:03:16 +0000
Ohio-based property/casualty insurer Motorists Mutual Insurance Co. and West Virginia-based workers’ compensation insurer BrickStreet Mutual Insurance Co. Inc., have been granted regulatory approvals to affiliate through a joint venture. This affiliati...
Mon, 24 Apr 2017 19:44:51 +0000
San Diego, Calif.-based Cavignac & Associates has named Doneca Delmundo as an account administrator within the agency’s commercial department. Delmundo will provide support and assistance to the agency’s commercial insurance account managers. Specifica...
Mon, 24 Apr 2017 16:58:53 +0000
West Virginia will receive $5.9 million from the federal government to help fight drug addiction. U.S. Rep. Evan Jenkins and Sens. Shelley Moore Capito and Joe Manchin announced the grant Thursday from the U.S. Department of Health and Human Services. …
Mon, 24 Apr 2017 16:53:01 +0000
Brush fires are threatening more than 2,000 homes in southwest Florida, and the Florida National Guard is helping to evacuate residents. Gov. Rick Scott said in a statement Friday that he deployed the guard and five UH-60 Blackhawk helicopters to …
Mon, 24 Apr 2017 16:39:39 +0000
The first of tens of thousands of U.S. lawsuits is about to go to trial against Swiss agribusiness giant Syngenta over its decision to introduce a genetically engineered corn seed variety to the U.S. market before China had approved it …
Mon, 24 Apr 2017 16:37:53 +0000
More than 25,000 turkeys have been killed in separate fires at farms in Iowa and South Dakota A fire at a turkey farm south of Wapello, Iowa, killed about 10,700 juvenile turkeys and caused about $300,000 in damages to the …
Mon, 24 Apr 2017 16:35:31 +0000
Prosecutors say a Texas father and son have been charged in an alleged $16 million hearing aids insurance scam using American Airlines workers. A federal grand jury in Dallas indicted 66-year-old Terry Lynn Anderson and 36-year-old Rocky Freeland Ander...
Mon, 24 Apr 2017 16:33:35 +0000
Acrisure LLC, a national retail consulting and insurance broker based in Caledonia, Mich., has named D. Michael Sherman as president. Sherman joined Acrisure in January as a strategic advisor, bringing more than 40 years of experience in the insurance ...
Mon, 24 Apr 2017 16:32:09 +0000
Indiana-based MJ Insurance, has welcomed two new additions to the risk management department in its Indianapolis headquarters, Aaron Parker and Jon Slusser. Parker joins the MJ team as a client executive, responsible for the overall client experience â...
Mon, 24 Apr 2017 16:30:32 +0000
Matthew Smith has been named a director within the national sales and marketing team in the Houston office of the national insurance brokerage firm, Crystal & Company. He is responsible for business development and expanding client relationships. Smith...
Mon, 24 Apr 2017 16:27:57 +0000
Note: This story originally appeared in the Texas Tribune Texas property owners could face new hurdles when they try to sue their insurer over storm claims under controversial legislation being cheered by groups seeking curbs on lawsuits but jeered by …
Mon, 24 Apr 2017 15:08:16 +0000
A minor earthquake rattled homes in northwestern Colorado over the weekend. The University of Utah Seismograph Stations reports the magnitude 3.7 quake hit just before noon Saturday. The epicenter was 2.5 miles northwest of Rangely, a town of about 2,0...
Mon, 24 Apr 2017 15:05:39 +0000
To reduce the risks of wildfires, federal officials this spring are planning to conduct controlled burns on more than 9,000 acres of land in Washington state forests. The Seattle Times reported the fires planned in the Okanogan-Wenatchee National Fores...
Mon, 24 Apr 2017 15:02:39 +0000
A small earthquake struck near Port Townsend in Admiralty Bay. The Pacific Northwest Seismic Network says the earthquake happened shortly after 10 p.m. Wednesday between Port Townsend and Oak Harbor, Whidbey Island. The 3.1-magnitude quake occurred at ...
Mon, 24 Apr 2017 14:52:05 +0000
The Everest National Insurance Co. has joined the Governing Committee of the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB Governing Committee is responsible for setting policy and overseeing the management of the affairs of th...
Mon, 24 Apr 2017 14:04:08 +0000
General Motors Co.’s bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the Supreme Court refused to hear its appeal claiming the suits were barred by the No. …
Mon, 24 Apr 2017 14:01:34 +0000
Recreational marijuana may be legal for adults in Massachusetts but who ultimately will be in charge of regulating and enforcing the new law remains the subject of behind-the-scenes maneuvering on Beacon Hill. A legislative committee created to revie...
Mon, 24 Apr 2017 13:27:03 +0000
Popular ride sharing companies Uber and Lyft are opposing a Vermont bill that would require the companies to greatly increase their insurance coverage for personal injuries when drivers are between rides. The Burlington Free Press reports that the bill...
Mon, 24 Apr 2017 13:20:44 +0000
The New York State Senate in April passed its $153 billion 2017-2018 state budget that includes reforms to workers’ compensation in the state. These reforms serve to help businesses, local governments and not-for-profits save money while also enhancing...
Mon, 24 Apr 2017 13:20:27 +0000
Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT Specialty Limited. According to the report released …
Mon, 24 Apr 2017 13:09:22 +0000
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Molly Nolan as senior vice president. Nolan comes to JLT with more than 20 years’ experience in providing insurance services for complex property accounts. S...