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

Alliant Adds Staff to Florida-Based Construction Services Group

Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has added Charlotte Smith-Wilkes to its Construction Services Group as senior vice president/wrap-up director to lead the expansion of its Wrap-Up Division in the southern United States with an emphasis on …

Kentucky City Warns Homeowners Not to Rent to Travelers

Metro Louisville, Ky. officials have sent letters to some homeowners that rent space to travelers through online home-sharing sites telling them to stop the practice immediately or they risk being fined. The Courier-Journal reports the letters say the property owners …

Armed Robbers Nab $4.8M in Gold Bars off Armored Truck on North Carolina Highway

Shortly after dusk on Sunday along a lonely stretch of Interstate 95, armed robbers hijacked an armored truck, tied up the two guards and disappeared into the night with 275 pounds of gold bars. The guards working for Transvalue Inc. …

Google Compare for Car Insurance Has Arrived

Google Compare for car insurance was introduced on Thursday in California, “with more states to follow,” the tech giant said. “Google Compare for car insurance provides a seamless, intuitive experience for connecting with your customers online,” the company said in …

Supreme Court Transcript in King v. Burwell on Obamacare Subsidies

The U.S. Supreme Court heard oral arguments over Obamacare’s tax subsidies yesterday. The justices appeared divided along ideological grounds, with observers citing Chief Justice John Roberts and Justice Anthony Kennedy as the justice most likely to decide the fate of …

Might ‘Constitutional Avoidance’ Rescue Obamacare?

The Supreme Court sometimes surprises. In oral arguments Wednesday about the latest conservative attempt to undermine President Obama’s health-reform program, Justice Anthony Kennedy introduced an unexpected potential basis for upholding the Affordable Care Act. Kennedy’s reference to the obscure doctrine …

A Closer Look at Berkshire Hathaway’s Insurance Operations

Carrier Management Special Report Warren Buffett’s insurance beginnings and predictions; breaking out the insurance and reinsurance results; the growth and expectations for Berkshire Hathaway Specialty Insurance; singling out CEOs; repeating past remarks; the $3 billion premium and more. This is …

Trucking Safety Chief Defends Driver Rest Regulations

The trucking industry’s overseer is giving little ground to critics who asked Congress to loosen U.S. regulations and revise a rating system designed to root out unsafe carriers. The Federal Motor Carrier Safety Administration’s acting chief, Scott Darling, defended rules …

State Farm Reports 2014 Underwriting Loss, Operating Profit

State Farm reported an underwriting loss in 2014, though investment and other income still helped leave it with an operating profit. The insurer’s combined property/casualty underwriting loss landed at $939 million, or 1.7 percent of nearly $57 billion of earned …

Philadelphia Cab Owners Lose Bid to Ban Uber Service

Philadelphia cab companies, threatened by the expansion of Uber Technologies Inc., lost a court bid to block the on-demand car service from operating in the city. Checker Cab Philadelphia Inc. and 44 other companies failed to show they would be …