Mobile telematics company Driveway Software Inc. in California’s Silicon Valley has named Mike Slattery executive vice president of product and operations. Slattery has a background in developing and launching UBI products. Slattery developed and launched Safeco’s Teensurance, a telematics based …
The U.S. Supreme Court agreed to use a clash between rival makers of cheerleading outfits to clarify the scope of federal copyright protection for pictures and graphic designs. The justices on Monday said they will hear an appeal from Star …
Hub International Ltd. has acquired the assets of New Mexico-based First Santa Fe Insurance Services Inc. Terms of the deal were not disclosed. First Santa Fe’s operations will become a part of Hub New Mexico and be led by Randy …
Propel Insurance has named Michael McCormick a sales executive in the firm’s construction practice. McCormick will be working out of Propel’s Seattle, Wash. location. His prior experience includes sales at Kibble & Prentice. He also spent time at Hub Northwest …
American International Group Inc., the insurer that’s shrinking under pressure from activist shareholders, posted a third-straight unprofitable quarter on losses from hedge funds and declines in the value of other investments. The first-quarter net loss of $183 million, or 16 …
Kentucky Transportation Cabinet Secretary Greg Thomas issued an order temporarily banning large commercial trucks from traveling on state Route 151 after a series of crashes there. Thomas’ action comes after the Federal Highway Administration authorized the cabinet to delete the …
While the property/casualty industry has reported three consecutive years of significant underwriting profits, the commercial auto market as a whole reported an underwriting loss for the fifth consecutive year in 2015. In short, U.S. commercial auto insurance has evolved into …
A former AIG executive is joining QBE to become CEO of its North American operations. Russell Johnston will succeed David Duclos in the role of QBE CEO for its North American operation starting on May 31, and be based in …
Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about succession planning for subsidiaries. “There are no tea leaves to read in the fact that Ajit [Jain] is supervising Gen …
MS Amlin announced it is now operating as one brand in the Lloyd’s market, as a single managing agency, MS Amlin Underwriting Ltd. Operating from 22 locations across three continents, the MS Amlin business will inherit Amlin’s tripartite legacy business …
