Almost half of all drivers on the nation’s roads are over the age of 65 and this number is projected to increase to 77 percent in the next 30 years. Adults over the age of 65 have the highest crash …
Getting caught by police in Rhode Island for forgetting to carry a driver’s license will no longer lead to criminal charges the first time it happens. Legislation signed into law by Democratic Gov. Gina Raimondo last month has taken effect. …
Insurance companies that deliver a great customer experience are rewarded over the long-term by both consumers and investors, according to a new consulting study. The analysis by Watermark Consulting claims that insurers with a great customer experience far outperform the …
National insurance distribution firm Confie has acquired two insurance brokerages in New York State – Lloyd D. Sprague & Son Inc. and J.N. Mason Agency Inc. Confie, a portfolio company of ABRY Partner, has completed 11 acquisitions thus far in …
Taiwan told schools and offices along its eastern coast to close early Thursday as Typhoon Nepartak threatens to unleash strong winds and heavy rain across the island through Friday. Airlines canceled or rerouted flights in and out of Taiwan. The …
New York state’s top financial regulator, Maria Vullo, agreed to adopt new industry-supported reserve requirements for life insurers, departing from a predecessor who derided the shift as ” unwise.” The move aligns the state watchdog with the National Association of …
A U.S. judge has slashed a $500 million verdict against Johnson & Johnson and its DePuy unit over allegedly defective metal-on-metal Pinnacle hip implants to approximately $151 million. On Tuesday, U.S. District Judge Ed Kinkeade in the Northern District of …
Hedge fund firms that set up reinsurance companies will struggle because too many rivals had the same idea and investment results have been disappointing, according to a report from S&P Global Ratings. Money managers entered the reinsurance business to gain …
The city of Worcester, Massachusetts has agreed to pay $2.1 million to a mother who said police officers coerced her to confess to suffocating her 13-month-old son with a teddy bear. The Telegram & Gazette reported that the city announced …
Neon, the specialist Lloyd’s insurer, announced that it has selected TigerRisk Partners’ TigerEye platform as its pricing and roll-up tool to support the company’s increasing presence in the property reinsurance marketplace. As previously announced, after completing a strategic review of …
