March 13, 2017
Wyoming Gov. Matt Mead made his the 28th state to enact legislation designed to protect homeowners who have suffered damage as a result of a hailstorm from being victimized a second time by storm-chasing contractors. The move was applauded by …
March 13, 2017
MS Amlin has appointed Frank Padilla as senior international casualty underwriter, specializing in Latin America. Latin America is a strategically important region for MS Amlin and this appointment underlines its commitment to servicing clients locally, while continuing to develop opportunities …
March 13, 2017
Uber Technologies Inc. failed to persuade a judge to approve a settlement offering 1.6 million California drivers an average of $1.08 each to dispense with alleged labor-code violations that their lawyer earlier claimed might have been worth billions of dollars. …
March 13, 2017
Most commercial insurance prices in the U.S. were nearly flat during the fourth quarter of 2016, although prices continued to go up for commercial auto. The most recent Commercial Lines Insurance Pricing Survey (CLIPS) from brokerage and advisory firm Willis …
March 13, 2017
Virginia prosecutors say six people have been arrested for their alleged roles in an insurance fraud scheme that involved setting 30 fires. Federal prosecutors say the defendants over the course of 16 years set fire to homes, trailers, mobile homes …
March 13, 2017
Pennsylvania Gov. Tom Wolf’s administration sued International Business Machines Corp. on Thursday, saying the company failed to deliver on a 2006 contract to replace an outdated system of processing unemployment claims. The lawsuit said the technology and consulting giant was …
March 13, 2017
The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490 million, which includes the repayment of debt and other obligations at closing. Operating since 2005, Simply Business is a leading …
March 13, 2017
West Virginia’s attorney general has reached a court settlement with a Cabell County used car dealer requiring he stand behind warranties, post unaltered buyer’s guides and ensure each vehicle sold will pass state safety inspection. It requires owner Shawn Dunfee …
March 13, 2017
Eight northern West Virginia residents have been indicted on charges that they staged vehicle accidents in order to file false insurance claims. Prosecutors say the eight were indicted Tuesday on mail fraud charges in federal court in Clarksburg. According to …
March 13, 2017
Hylant, one of the nation’s largest privately owned insurance brokerage firms, has named Brian Boone president of its Orlando, Fla., location, effective April 10. From 2009 to 2013, Boone held the role of employee benefits client executive at Hylant. He …