May 20, 2019
Mon, 20 May 2019 20:13:21 +0000
The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. Robert F. Smith, who addressed the nearly 400 graduat...
Mon, 20 May 2019 17:54:22 +0000
Total direct written premium in the California workers’ compensation system fell for the second consecutive year in 2018, declining 3.8 percent to less than $12.3 billion as nine of the 10 largest insurer groups in the state wrote less premium …
Mon, 20 May 2019 16:56:38 +0000
Digital insurance agency HoneyQuote.com launched a new partnership program that allows businesses across industries to use HoneyQuote services for customers to purchase homeowners insurance. As part of the program, businesses can add home insurance to ...
Mon, 20 May 2019 16:43:59 +0000
Speed limits have been reduced along a stretch of Interstate 77 in southern West Virginia where 12 motorists have died since 2016. The state Division of Highways lowered the speed limit last month along I-77 in Mercer County from 70 …
Mon, 20 May 2019 14:41:22 +0000
A ban on “whole home” short-term vacation rentals in residential areas of tourism-dependent New Orleans has won unanimous backing from the City Council. It was a preliminary vote. A final one is expected in 90 days. But the council made …
Mon, 20 May 2019 14:38:13 +0000
A spate of tornadoes raked across the Southern Plains, leaving damage and causing few injuries, and parts of the region were bracing for more severe thunderstorms and possible flooding. Twisters destroyed at least two homes and left one person with …
Mon, 20 May 2019 14:34:15 +0000
The U.S. Equal Employment Opportunity Commission has settled its lawsuit against a Kansas school district that paid a female principal less than it paid the man she had replaced and less than the man who succeeded her. A consent decree …
Mon, 20 May 2019 14:32:25 +0000
Michigan Gov. Gretchen Whitmer said she opposes Republicans’ proposal to let drivers fully forgo mandatory, unlimited medical benefits covered by their auto insurance premiums, saying she must “draw a line” but is open to requiring a minimum level of c...
Mon, 20 May 2019 14:24:21 +0000
Columbus, Ohio-based Safe Auto Insurance Group Inc. announced it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common shares. The number of shares to …
Mon, 20 May 2019 14:18:10 +0000
Grinnell Mutual in Iowa has named Andrea Brunk vice president of strategic experience and Lauren Augustin vice president of product transformation and delivery. Brunk was assistant vice president of the PMO. She joined Grinnell Mutual 2016 after workin...
Mon, 20 May 2019 14:09:56 +0000
A common hiring philosophy used for generations is being flipped on its head by new research from Florida State University. Screening job applicants based on their prior work experience is often a mistake among employers, according to Chad Van Iddeking...
Mon, 20 May 2019 14:07:20 +0000
Greenlight Re Innovations has made a strategic investment in FairClaims, an online insurance and consumer dispute resolution startup based in Los Angeles, Calif. FairClaims is the sixth insurance technology business which Greenlight Re Innovations has ...
Mon, 20 May 2019 13:55:12 +0000
The U.S. Army Corps of Engineers has changed Prado Dam’s risk characterization from moderate urgency to high urgency, based on a recent assessment. More than 1.4 million people live and work in 29 cities downstream of Prado Dam, with more …
Mon, 20 May 2019 13:45:59 +0000
Specialist insurer Beazley has hired Cal Spessard to head the team responsible for handling claims arising from the company’s environmental liability business. Spessard joins Beazley from environmental risk management specialists WCD Group, where he se...
Mon, 20 May 2019 13:42:36 +0000
Uber Technologies Inc. was ordered to turn over to the city of San Francisco data about how many of its drivers are responsible for illegal parking, traffic congestion and safety hazards. A California appeals court rejected Uber’s argument that the …
Mon, 20 May 2019 13:32:22 +0000
Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand globally as well as enhance …
Mon, 20 May 2019 13:13:11 +0000
Authorities say a fire at a chemical plant in New Jersey has been brought under control, but road and bridge closures remained in effect and local residents were urged to remain indoors because of potential danger from fumes. Kearny fire …
Mon, 20 May 2019 13:09:39 +0000
Baltimore, Md., officials say they have a plan to get the city’s real estate market moving again in the midst of a crippling ransomware attack. A manual workaround for property sales during the recovery will begin Monday. The ransomware shut …
Mon, 20 May 2019 13:06:14 +0000
For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn. Asking price: anyone’s guess. Some research suggests rising sea levels and flooding brought ...
Mon, 20 May 2019 12:56:07 +0000
Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S. aviation authority. The U.S. …
Mon, 20 May 2019 11:20:57 +0000
Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week f...
Mon, 20 May 2019 10:54:03 +0000
The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33 industries. In comparison, survey respondents ...
Mon, 20 May 2019 09:48:12 +0000
Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday [May 15], in what developer Einride and logistics customer DB Schenker described as a world first. …
Mon, 20 May 2019 09:07:34 +0000
HDI Global Specialty SE, the specialty lines insurer, has recruited Martin Jackson as head of aviation and space. Jackson joins the London office on May 20 from Neon, where he was class underwriter, marine and transport. He succeeds Tim Slade. …
Mon, 20 May 2019 08:00:27 +0000
Thailand, one of Asia’s top pork producers, is intensifying efforts to hold off a lethal pig virus that’s causing havoc as it spreads across the region. African swine fever — a disease that kills nearly all the pigs it infects …
Mon, 20 May 2019 07:45:00 +0000
As the cost of the Brexit turmoil mounts for British companies, business leaders are fed up with the U.K.’s political class. And with Prime Minister Theresa May’s tenure coming to an end, they worry about the alternatives. “The anger is …
Mon, 20 May 2019 05:00:29 +0000
Retired NFL players seeking testing as part of a $1 billion concussion settlement must see a doctor close to home to prevent fraud and “doctor shopping,” the federal judge overseeing the case ruled. Lawyers for thousands of ex-players complain their …
Mon, 20 May 2019 05:00:28 +0000
Casino giant MGM Resorts told federal regulators last Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. “The company believes it …
Mon, 20 May 2019 05:00:01 +0000
The social media giant Facebook Inc. is headed toward an agreement with the U.S. government over its privacy policies and practices that would put it under 20 years of oversight, according to a source knowledgeable about the discussions. The agreement …
Mon, 20 May 2019 04:00:51 +0000
Florida will become one of the last states to make texting while driving a primary traffic offense under a bill signed by Republican Gov. Ron DeSantis on Friday. The new law will also ban the use of any handheld wireless …