March 22, 2017
Specialist lines underwriting agency, CFC Underwriting, has launched a cyber incident response application that will allow policyholders to notify a claim with a click of a button and receive specialist support from CFC’s global cyber incident response team. In addition, …
March 22, 2017
Airbnb and other home-sharing platforms face more restrictions in Miami, where the mayor plans for more aggressive enforcement of regulations prohibiting rentals of single-family homes in its residential areas. Amid spring break and days before the annual Ultra electronic music …
March 22, 2017
Officials in Horry County, South Carolina, are seeking ways to reduce the high costs of insurance and worker’s compensation related to crashes by emergency vehicles. The Sun News of Myrtle Beach reports that there have been nearly 50 vehicle accidents …
March 21, 2017
Millennium Brokers LLC in Springfield, Mo., has joined Valley Insurance Agency Alliance (VIAA), a network of over 100 independent insurance agencies in Missouri and Illinois. Millennium Brokers is a full-service insurance agency founded in 2016 that specializes in auto, home …
March 21, 2017
Peter Hancock is getting $5 million in cash to stay on as American International Group’s chief executive officer while the board searches for his replacement. But the insurer’s departing president and CEO will forgo his bonus, according to recent regulatory …
March 21, 2017
After learning a lesson from what could have been the largest dam disaster U.S. history, California officials are reported to be considering withdrawing from the National Flood Insurance Program. Capital Public Radio is reporting that a proposal to exit the …
March 21, 2017
Attorneys for a south Louisiana flood board aren’t giving up on their attempt to make scores of oil and gas companies pay for damage to the state’s coastline. A federal judge dismissed their lawsuit in 2015 and a three-judge panel …
March 21, 2017
Managing general agency and surplus lines broker J.M. Wilson has hired Seth Mahaffey as assistant transportation underwriter in Westerville, Ohio. Mahaffey responsible for quoting new and renewal transportation accounts, setting up and binding policies, assisting underwriters, and serving independent insurance …
March 21, 2017
Chicago’s red-light cameras reduce serious injury crashes at intersections where they are placed and also have a measurable “spillover effect” that improves safety at intersections without cameras, according to a Northwestern University Transportation Center study released March 20. The research …
March 21, 2017
It all came down to a missing comma, and not just any one. And it’s reignited a longstanding debate over whether the punctuation is necessary. A federal appeals court decided this week to keep alive a lawsuit by dairy drivers …