GEICO has unveiled a new auto insurance product in Texas for drivers of on-demand transportation network companies (TNC) like Uber, Lyft, Sidecar that covers both personal and ridesharing needs. GEICO Senior Vice President Robert Miller said the coverage can meet …
When Utah’s brief legislative session came to a close in March, proponents of ridesharing services offered by transportation network companies rejoiced. The state had passed S.B. 294, sponsored by state Sen. Stuart Adams, R–Layton, which created a regulatory framework within …
Zurich Insurance Group plans to establish an apprenticeship program in the U.S. to help attract and train young people for careers in the insurance industry. Zurich said it is committed to putting into practice a program modeled after Switzerland’s national …
The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare for the disruption. Many insurer executives …
While car thefts are declining across the country, stealing car parts and accessories is proving to be a lucrative business for professional thieves. According to the National Insurance Crime Bureau (NICB), organized crime rings are targeting newer vehicles parked in …
Millions of Americans could lose their insurance if the U.S. Supreme Court rules against President Barack Obama on his healthcare law. And with the decision due in the next two weeks, the government has no backup plan. The court will …
A significant number of leaders of small and medium-sized enterprises (SMEs) in the United Kingdom perform a lot of tasks outside their job descriptions, instead of outsourcing these to insurance brokers, recruiters or IT specialists, according to research carried out …
U.S. commercial drone operations could take flight on a large scale by this time next year, as federal regulators finalize rules allowing widespread unmanned aerial system use by companies, according to congressional testimony on Wednesday. A senior Federal Aviation Administration …
Allianz SE is boosting its investments in clean-energy in the coming years and is looking to enter the U.S. wind market. The insurer’s Allianz Deutschland unit will raise its annual investment into renewables, mainly wind, about 75 percent to 350 …
ACE Group has created a dedicated and centralized unit in Asia Pacific in response to increasing demand from corporate customers to deliver tailor-made risk transfer and risk managed solutions. Based in Singapore, this unit will provide customized products and services …
