Monthly Archives: <span>March 2017</span>

Texas Bill Shielding Landowners from Rock Climbing Injury Lawsuits Advances

The Texas Senate has approved a bill protecting property owners statewide from liability for injuries incurred by people rock climbing on their land. The proposal by Republican Sen. Charles Perry of Lubbock now heads to the state House. It immunizes …

4 Million Driving Jobs at Risk from Autonomous Vehicles: Report

As many as four million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted in a short period of time, according to a new report. With more than 30 companies—including automakers BMW, …

How Republicans Can Unravel Obamacare Without Repealing It

Republicans may have failed to overthrow Obamacare last week, but there are plenty of ways they can chip away at it. The Trump administration has already begun using its regulatory authority to water down less prominent aspects of the 2010 …

North Carolina Regulator Calls 13.8% Auto Rate Hike Unwarranted

The North Carolina Rate Bureau’s request for an auto rate hike of 13.8 percent is not justified based on the data submitted, according to a statement from the North Carolina Department of Insurance. The decision, made by Commissioner Mike Causey …

Alabama Supreme Court: Passenger Injured in Car Chase Can’t Sue City, Police

A woman who was hurt in a car crash that ended a police chase more than three years ago can’t sue the officers or the suburban Birmingham city where it occurred, the Alabama Supreme Court ruled Friday. The justices unanimously …

The Hanover Launches Professional Liability Risk Management Portal

The Hanover Insurance Group, Inc. has launched a new online portal featuring risk management tools for the professional liability industry. HanoverProRisk offers articles, templates, risk bulletins and seminars focused on the needs of agents and customers. Resources on the site …

Bradenton Insurance of West Florida Partners With Baldwin Risk Partners

Baldwin Risk Partners, a Tampa, Fla.-based insurance distribution holding company, has partnered with Bradenton Insurance LLC, of Bradenton, Fla., adding the agency to its group of companies. Bradenton Insurance has been a local independent insurance agency on the west coast …

Grandstaff Joins Florida-Based SUNZ as CFO, Executive Vice President

SUNZ Holdings of Bradenton, Fla., has appointed Michael W. Grandstaff to the position of chief financial officer and executive vice president of SUNZ Holdings, and chief financial officer of SUNZ Insurance Co. Grandstaff will report directly to Steven F. Herrig, …

AIG Executives Hope Meetings Reassure Analysts, Investors

American International Group Inc. executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer Peter Hancock. Chief Financial Officer Sid Sankaran, commercial …

Uber Halts Autonomous Vehicle Testing After Arizona Accident

Uber Technologies Inc. is suspending its self-driving car program after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from multiple crises. In a photo posted on Twitter, …