Wed, 22 Aug 2018 04:00:33 +0000
Vault, an insurer focused on the high net-worth personal insurance market, has officially opened for business in South Carolina. Vault offers insurance coverage and services for high-value homes, art, jewelry, cyber and personal excess liability covera...
Tue, 21 Aug 2018 21:40:04 +0000
Washington Insurance Commissioner Mike Kreidler has named AnnaLisa Gellermann chief deputy commissioner. She begins Aug. 27. Gellerman is currently the deputy commissioner for the policy and legislative affairs division. She joined the insurance commis...
Tue, 21 Aug 2018 19:15:38 +0000
Paula Downey, president and CEO of CSAA Insurance Group in California since 2010, will retire following a search for her successor. Downey recently led the AAA insurer through a six-year infrastructure transformation. She was in the insurance business ...
Tue, 21 Aug 2018 18:11:51 +0000
Woodland Hills, Calif.-based Farmers Insurance has named Paul Wilson the new chief information officer. Wilson will serve as a member of the insurer group’s senior leadership team and oversee the development and application of all strategic IT initiati...
Tue, 21 Aug 2018 17:46:27 +0000
California Insurance Commissioner Dave Jones has approved a license for States Title, the first insurtech title insurer licensed and domiciled in California. States Title Insurance Company of California will use data-driven technology to predict the ri...
Tue, 21 Aug 2018 15:44:09 +0000
Technology does a lot but it can’t do everything. Sometimes insurance agents and other business people forget that. They become so dependent on email and social media that they lose sight of what people really need from them. Yes, clients …
Tue, 21 Aug 2018 15:34:47 +0000
A New York man charged in the killing of his girlfriend’s mother for insurance money has pleaded guilty. WHEC-TV in Rochester reports Knowledge Couser entered his plea Thursday to murder charges in connection with the death of 52-year-old Julie Martin. …
Tue, 21 Aug 2018 15:23:55 +0000
The father of a man killed in a St. Louis, Mo. police shooting has filed a wrongful death lawsuit. The St. Louis Post-Dispatch reported that the federal lawsuit alleges that Mansur Ball-Bey was unarmed in August 2015 when he was …
Tue, 21 Aug 2018 15:13:10 +0000
Authorities say storms have damaged trees, downed power lines and churned up at least one small tornado in southwest Missouri. National Weather Service meteorologist Drew Albert says an EF-0 tornado has been confirmed near Diggins in Webster County. It...
Tue, 21 Aug 2018 15:11:12 +0000
Storms moved across northern Arkansas, dumping heavy rain and causing flooding in the town of Clinton. National Weather Service meteorologist Sean Clarke in Little Rock says 5.1 inches of rain fell in about a two-hour period Sunday night in the …
Tue, 21 Aug 2018 15:08:45 +0000
An Oklahoma casino says 14 people suffered cuts and bruises when a powerful rainstorm toppled entrance trusses and disrupted the start of an outdoor concert by the Backstreet Boys. Kym Koch-Thompson, spokeswoman for the WinStar World Casino and Resort,...
Tue, 21 Aug 2018 14:54:48 +0000
In the absence of a Brexit trade deal between the United Kingdom and the European Union, insurers in the UK have accelerated their plans to establish new EU subsidiaries and ensure business continuity after Brexit, according to a report published …
Tue, 21 Aug 2018 14:51:46 +0000
A report says a Southern California beach city has persuaded federal officials to exclude about 2,700 coastal properties from updated flood maps, saving homeowners thousands in insurance costs. The Los Angeles Times reported that as a result, homeowner...
Tue, 21 Aug 2018 14:49:41 +0000
A Colorado rafting company says it can’t be held responsible for the 2016 death of a Maryland man because the victim signed a waiver before entering the boat. Aspen Whitewater Rafting filed a counterclaim Aug. 8 in the U.S. District …
Tue, 21 Aug 2018 13:42:43 +0000
The FBI is seeking the public’s help in rounding up more than a half-million dollars’ worth of artworks that were stolen in 1983 from the New York City home of an artist known for his scenes of the American West. …
Tue, 21 Aug 2018 13:30:17 +0000
A recent study finds no evidence that ride-hailing app Uber reduced the number of serious car wrecks in Virginia. The research also found no change in the likelihood that a fatal crash involved alcohol. The College of William & Mary …
Tue, 21 Aug 2018 13:11:08 +0000
American International Group announced that John P. Repko will join the company as executive vice president, chief information officer, effective September 4, succeeding Martha Gallo, who the insurer said is leaving AIG to pursue other interests. Repko...
Tue, 21 Aug 2018 12:56:53 +0000
On-demand insurance platform Slice Labs Inc. has hired Philippe Lafreniere as chief growth officer to work with carriers on the development of digital insurance products serving business and consumers. Lafreniere brings 25 years of global insurance tec...
Tue, 21 Aug 2018 12:39:21 +0000
PLNAR, an augmented reality service that creates, fully measured, real-time 3D models of any room, has raised $3.9 million in a Series A investment round led by insurtech and healthcare venture capital fund ManchesterStory Group. Additional funding cam...
Tue, 21 Aug 2018 12:16:18 +0000
U.S. Senate Republicans on Thursday sought to correct a section of President Donald Trump’s tax overhaul that threatened to prevent sexual harassment victims from claiming a tax deduction for the legal costs they incur while pursuing their cases. In a …
Tue, 21 Aug 2018 10:53:33 +0000
Chubb has appointed Stanley Wong as country president for Hong Kong, Taiwan & Macau, effective Oct. 1, 2018. He replaces Doug White, who was appointed to the role of head of the Major Accounts Division for Chubb in Asia Pacific. …
Tue, 21 Aug 2018 10:31:27 +0000
Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between JPY284 billion (US$2.6 billion) and JPY423 billion (US$4.0 billion), according to Boston-based catastrophe modeling fi...
Tue, 21 Aug 2018 09:52:52 +0000
The bridge that collapsed in the Italian port city of Genoa was considered a feat of engineering innovation when it was built five decades ago, but it came to require constant maintenance over the years. Its design is now being …
Tue, 21 Aug 2018 09:28:07 +0000
Ping An Insurance Group Co. of China , the country’s largest insurer by market value, on Tuesday reported its biggest half-yearly profit in at least a decade on robust customer growth. The results underline strength in Ping An’s business versus …
Tue, 21 Aug 2018 09:12:16 +0000
Scorching summer heatwaves and downpours are set to become more extreme in the northern hemisphere as global warming makes weather patterns linger longer in the same place, scientists said on Monday. They said there was a risk of “extreme extremes” …
Tue, 21 Aug 2018 08:56:25 +0000
Volkswagen Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, German magazine Der Spiegel said. Der Spiegel’s story, based ...
Tue, 21 Aug 2018 08:45:56 +0000
Fallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families. The billionaire Benettons control 30.25 percent of Atlantia SpA, the construction company and toll-road owner that operated the Morand...
Tue, 21 Aug 2018 06:17:42 +0000
An Atlanta-area property company is suing Grammy-winning R&B artist R. Kelly for $203,400 over “extensive damage” to two homes he rented. The Atlanta Journal-Constitution reports SB Property Management Global, LLC., based in East Point, filed the lawsu...
Tue, 21 Aug 2018 05:57:56 +0000
The owner of a residential construction business in Dayton who under reported his payroll by millions of dollars to lower his workers’ comp premiums has been sentenced for workers’ compensation fraud, the Ohio Bureau of Workers’ Compensation (BWC) repo...
Tue, 21 Aug 2018 05:50:17 +0000
Federal safety officials have proposed $213,411 in penalties against an Ohio manufacturer for amputation hazards at the company’s workplace. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited ArtiFlex Manufacturin...