August 15, 2012
Atlanta-based Ebix, Inc, a supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired London-based TriSystems Ltd., an online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London intermediaries and insurance …
August 15, 2012
Consulting firm KPMG and the Center for Automotive Research in Michigan released a report this month about how close the industry is to rolling out self-driving cars. They see the first such vehicles hitting showrooms in 2019, with a more …
August 15, 2012
It’s been more than half a century since some of the first concept cars boasting self-driving features were presented to the world and they’re still not on the roads. But many auto executives say the industry is on the cusp …
August 15, 2012
The Bermuda-based Catlin Group Limited announced that Daniel Curran has been appointed Head of Casualty for Catlin’s London based underwriting operations. He will have responsibility for “a wide range of business classes underwritten by the Catlin Syndicate at Lloyd’s and …
August 15, 2012
The Insurance Bureau of Canada (IBC) reports that the estimated insured damage caused by the recent severe thunderstorm event that hit the Edmonton area in July amounts to more than $100 million. The IBC noted that the estimate, “reported by …
August 15, 2012
India has joined Japan in offering government-backed insurance for ships carrying Iranian crude in order to bypass European sanctions that have nearly halved Iranian oil exports to key markets. The first Indian ship to carry oil from Iran with Indian …
August 15, 2012
Orlando, FL, 08/15/12 – Astonish, the leader in digital marketing for local insurance agencies, is very pleased to announce The National Alliance, www.TheNationalAlliance.com, as a Gold Sponsor at the annual eAgent Summit. The eAgent Summit is packed with education for …
August 15, 2012
Standard Chartered Plc agreed to pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal that helped push up the emerging market-focused lender’s shares. The deal with New York Superintendent of Financial …
August 14, 2012
A highly sheltered workers’ comp reform proposal being quietly passed around California’s capitol has the potential to make some noise when and if it ever gets introduced. The general consensus among those seeking reform is the need for roughly $700 …
August 14, 2012
I’ve just returned from the National Association of Insurance Commissioners’ summer meetings in Atlanta, where the big news was the announcement of NAIC CEO Terri Vaughan’s pending departure from the regulators group. Vaughan’s stated reasons for stepping down early next …