Iowa Gov. Terry Branstad has signed a bill into law that creates new statewide rules for ridesharing companies such as Uber and Uber to do business in Iowa. Branstad signed the bill this week following approval this session in the …
California regulators said this week they will re-examine a settlement that made consumers responsible for covering some $3.3 billion in costs for closing the San Onofre nuclear power plant. The Public Utilities Commission said parties involved in the case can …
The Reno, Nev. doctor at the center of a federal investigation into an illegal prescription drug ring is being accused by the parents of an overdose victim of ignoring their warnings and continuing to increase the strength of their son’s …
Uber Technologies Inc. agreed to start a guild for 35,000 drivers in New York that will help them negotiate with the ride-hailing company, though the group will have less power to resolve disputes than a full-fledged union. All current and …
Willis Towers Watson has appointed Stacy D. Brown as president and CEO of Willis Programs, the company’s program administration business. Brown brings 28 years of experience in the insurance and environmental consulting industry to this role. He joined Freberg Environmental …
Everest Specialty Underwriters said it has formed a new division, Alternative Solution Group, to offers transactional risk insurance as well as professional and management liability insurance on both a primary and excess basis to private equity firms and hedge funds. …
The specialty medical professional liability (MPL) insurance industry remained profitable in 2015, however its net income fell nearly 36.6 percent to almost $1.1 billion in 2015. In a special report, A.M. Best said the MPL segment’s results were hampered by …
Allianz Asset Management reported a 17 percent decline in first-quarter earnings as investors continued to withdraw money from its Pacific Investment Management Co. unit 19 months after the ouster of Chief Investment Officer Bill Gross. Operating profit at Allianz Asset …
Insurance agency mergers and acquisitions hit an all-time high for the first quarter of a year, with 109 reported transactions in the first three months of 2016. The pace slightly outstripped 107 deals reported in the first quarter of 2015, …
Arthur J. Gallagher* has partnered with independent specialist Cardinus Risk Management to offer its commercial property and property investor clients a cost-effective nationwide service that will help eradicate the risk of underinsurance and its far-reaching consequences. With figures revealing that …
