President Barack Obama said his signature health-care law has “real problems” that have been exacerbated by congressional gridlock and political polarization. “They’re eminently fixable problems in terms of strengthening the marketplace, improving the subsidies so more folks can get it, …
The engineer of the New Jersey commuter train that crashed on Thursday told investigators he was fully rested but has no memory of the incident, and a recovered data recorder was not working, a National Transportation Safety Board official said …
Former American International Group and XL executive Seraina Maag is joining Bermuda-based Hamilton Insurance Group as chief executive officer of Hamilton USA, the insurer’s platform for the U.S. Reporting to Hamilton Chairman and CEO Brian Duperreault, Maag will be responsible …
Kansas Insurance Commissioner Ken Selzer announced that many business owners in the state will pay less for workers’ compensation insurance in 2017. It will be the second consecutive year for workers’ comp rate decreases in Kansas. Many of the approximately …
People operating self-driving cars need at least six seconds and some cues from the vehicle to “get back in the loop” and take control in time to avoid an accident, researchers say. There are already partially self-driving cars on the …
Yahoo’s disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement. Democratic Senator Mark Warner last week asked the U.S. …
Valley Insurance Agency Alliance (VIAA), based in St. Louis, Missouri, recently promoted Robert Qaoud to Alliance coordinator. Qaoud will be responsible for ensuring the alliance’s compliance, as well as seamlessly facilitating the additions of new members. He will serve as …
French insurer AXA has no plans to merge with large rivals, its chief executive told a German newspaper, responding to recent speculation about a possible takeover of Italian peer Generali. “That makes no sense at all,” Thomas Buberl told Sueddeutsche …
Gregory Rubel has joined Argo Group subsidiary, Colony Specialty, as senior vice president and head of binding operations in Dallas/Fort Worth area. Rubel joins Colony Specialty from Ace Westchester where he served as senior vice president, binding authority. Prior to …
The Florida Office of Insurance Regulation (OIR) has issued an order establishing the 2017 commercial property rates for Citizens Property Insurance Corporation. Rates are going up for all accounts except the Commercial Property Non-Residential Multi-Peril. Some lines will see rate …
