More than a million Massachusetts drivers will see their auto insurance bills increase by as much as 9 percent this year. Insurance companies and industry officials told The Boston Globe that cheaper gas and an improving economy, which has put …
The legal troubles of the father and son executives of an Iowan egg farm could have repercussions for businesses everywhere: In a case involving a 2010 salmonella outbreak, an appeals court has decided that you can get prison time for …
Embroker, a technology-based provider of business insurance, has opened an office in downtown Chicago. The San Francisco-based firm was founded in 2015 and says its mission is to deliver “a technology-driven brokerage experience for small and midsize business owners.” Embroker …
Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S. The bonds have been issued by Laetere Re Ltd. on behalf …
A U.S. jury has ordered DuPont to pay $5.1 million to a man who said he developed testicular cancer from exposure to a toxic chemical used to make Teflon at one of its plants, according to a DuPont spokesman. It …
Aon Risk Solutions, the global risk management business of Aon plc, announced it is now offering personal ride-sharing insurance policies designed specifically for Ontario Uber drivers. As Uber’s insurance broker, Aon said it “has developed a comprehensive understanding of the …
Officials have declared a state of emergency in Tennessee after heavy rains caused flooding in several areas overnight and more rain is forecast. Tennessee Emergency Management Agency spokesman Dean Flener said on Thursday that crews were performing swift-water rescues in …
Three University of Texas professors have filed suit in federal court, seeking to block the state’s “campus carry” law before it takes effect next month. The July 6 court filing came from sociology professor Jennifer Lynn Glass, and English professors …
The state of Illinois has tried an unusual maneuver to save a health insurer with 49,000 Illinois policyholders from possible financial failure by blocking it from paying a $31.8 million bill to the federal government. Illinois Department of Insurance Acting …
Workers’ compensation specialist The MEMIC Group has appointed John R. Yao as senior vice president and chief information officer to oversee the company’s information systems and technology. Yao has 35 years of information technology experience in the healthcare and insurance …
