Monthly Archives: <span>March 2015</span>

Dead L.A. Stadium $5.8M in Free Publicity for Farmers

Farmers Insurance Group received nearly $6 million in free media exposure for putting its name on a downtown Los Angeles stadium that will never be built. Anschutz Entertainment Group this week announced that it was no longer pursuing a $1.2 …

Google Compare May Go Beyond Auto Insurance

The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance industry. His words were simpler: “Game changer.” The complexity of what …

Investors Press Liability Case Against GM Directors Over Faulty Ignitions

General Motors Co. investors urged a judge to let their lawsuit proceed against the automaker’s board that they say was asleep at the switch while the company produced cars with faulty ignition systems that led to fatal accidents. More than …

Progressive is Rolling Out TNC Coverage in Pennsylvania

Slowly but surely, more of the major U.S. auto insurers are rolling out custom products designed to cover the unique risks presented by the emerging market of transportation network companies like Uber and Lyft. Latest to the party is Progressive …

Lockton in Colorado Adds Bell as Personal Lines Producer

Lockton’s Denver, Colo. operation has hired Nate Bell as personal lines producer. Bell has spent 13 years in the insurance industry, most recently as a personal lines producer and sales leader for IMA nationwide. He has experience in developing customized …

Low Insurance Penetration Creates Asia-Pacific Opportunities: Aon Benfield

As rapid economic development, population growth and urbanization lead to increased insurance penetration, Asia Pacific represents a key area of growth in the global marketplace, according to a report published by Aon Benfield, entitled “Welcome to Asia Pacific.” The guide …

Maine Senators, LePage Seek Federal Aid After Winter Storm

Maine Sens. Susan Collins and Angus King are joining Republican Gov. Paul LePage in urging the federal government to provide assistance to towns still grappling with the costs of the January blizzard. Collins and King are asking the Federal Emergency …

Amtrak Crash in North Carolina Leaves at Least 55 Injured

An Amtrak train in North Carolina slammed into a tractor-trailer that got stuck on the tracks while trying to make a difficult left-hand turn Monday. One of the train’s cars toppled and the conductor and at least 54 others were …

Pilots: Brakes Were On, but Plane at La Guardia Didn’t Slow

The pilots of a Delta plane that skidded off a runway at LaGuardia Airport last week during a snowstorm have told investigators that automatic systems designed to slow down the plane were not working properly, investigators said Monday. The pilots …

Tennessee Judge: Cap on Personal Injury Damages is Unconstitutional

A Chattanooga, Tenn., judge has ruled that a state law that caps the amount of money someone can win in a personal injury lawsuit for noneconomic damages is unconstitutional. The Times Free Press reported that on Monday, Hamilton County Circuit …