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

Self-Driving Car Crash in Arizona A Reminder about Regulation Challenges

A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the company …

California Girl Struck by Car Could Get $15.9M from Suit

A Southern California girl who was struck by a car on her way to school may receive $15.9 million for her medical expenses. The Orange County Register reported that 11-year-old Paulina Perez was hit by the car two years ago …

RightSure Purchases Chaparral Insurance in Arizona

RightSure Insurance Group has acquired Prescott Valley, Ariz.-based Chaparral Insurance Agency. This represents RightSure’s 12th book of business acquisition. With this acquisition, Chaparral customers will have access to RightSure’s call center and its team. Tucson, Ariz.-based RightSure is an independent …

UK at Risk of Exiting EU on ‘WTO Terms,’ Thereby Opening Legal Minefield

Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications. In a nutshell, Britain would have to …

Markel International’s Trade Credit Team Opens for Business in Canada

Markel International, the specialist insurer and subsidiary of Markel Corp., is aiming to develop its trade credit and political risk business in Canada. Business will be underwritten by Markel Canada on Lloyd’s Syndicate 3000 paper. Markel Canada, established in 1966, …

Acappella Syndicate Promotes Quinn and Bellamy in Reinsurance Division

Acappella Syndicate 2014 is very pleased to announce the promotion of Jim Quinn to the new role of head of the Reinsurance Division and Matthew Bellamy to the role of head of Property Reinsurance. Both promotions are with immediate effect. …

Pennsylvania Construction Worker Crushed by Safe Deposit Box

Authorities in suburban Philadelphia, Penn., say a construction worker was crushed to death by a safety deposit box. Cheltenham Township police say the incident happened at an old Wells Fargo in the Cheltenham Mall around 1 p.m. Monday. Officials say …

Cyclone Debbie Rips Across Australian State, Leaving ‘War Zone’; AIR Comments

A huge clean-up operation is under way in the Australian state of Queensland after a powerful cyclone swept through the region, tearing roofs off buildings, downing trees and forcing tourists to bunker down at luxury island resorts. The Whitsunday Islands …

New York DFS Superintendent Directs Insurers to Submit Disaster Plans

All insurance companies licensed to conduct business in New York State must submit updated disaster response and recovery plans and responses to online questionnaires to the Department of Financial Services (DFS) by June 16, 2017, Financial Services Superintendent Maria T. …

Brown Thayer Shedd Insurance Agency Hires Garrity in Connecticut

Brown Thayer Shedd Insurance Agency (BTS Darien) has hired Ryan P. Garrity as senior vice president of its Darien, Conn., location. In this role, Garrity joins BTS Darien President Edward D. “Tim” Brown in co-managing day-to-day operations for the agency …