The Amtrak engineer at the controls of a speeding train that derailed in Philadelphia last year, killing eight people, was distracted in the moments before the accident, U.S. investigators are preparing to conclude at a meeting Tuesday. The National Transportation …
Investors have given $12.2 million to fund an insurance broker offering a cloud-based risk and insurance management system for small and mid-sized businesses. The broker, Embroker, promises to empower commercial lines customers by giving them tools to buy, compare, analyze, …
California health inspectors dispatched to two Los Angeles hospitals following “superbug” outbreaks involving a hard-to-clean medical scope found numerous safety violations that appeared to put more patients at risk. The Los Angeles Times reported that the state declared an “mmediate …
The state of Hawaii is suing Japanese manufacturer Takata over defective air bags they say threaten peoples’ lives. The lawsuit filed last week in the First Circuit Court of Hawaii also names auto manufacturer Honda. Millions of Takata’s defective air …
Utah officials say the number of fatal car wrecks in Utah in which drivers tested positive for marijuana has more than doubled in the last three years, according to annual report from the state’s Department of Public Safety. An annual …
Arthur J. Gallagher & Co. has acquired Hogan Insurance Services Inc., located in Westlake Village, Calif. Terms of the deal were not disclosed. Robert Hogan and his team will continue to operate in their current Westlake Village location under the …
Allstate has teamed up with Openbay, an online marketplace for non-collision auto-repair and maintenance services, to allow consumers to receive multiple price quotes and schedule auto repairs for anything from an engine overhaul, to new tires, to an oil change. …
A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was launched last month to help build resilience to climate risk and natural disasters, while bridging the insurance protection gap for …
Activist investor Carl Icahn has raised his stake in American International Group Inc. by 5.2 percent, putting him in a better position to pressure the insurer to split into three independent companies. Icahn now owns 44.4 million shares in AIG, …
A federal agency on Monday released final rules on how employers can offer workers financial incentives of up to 30 percent of the cost of their cheapest health insurance plans to participate in wellness programs without violating federal laws protecting …
