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

Small Businesses Can Manage, Cancel Own Policies with Next Insurance Portal

Digital small business insurance provider Next Insurance has unveiled a new online portal giving small businesses more control over their insurance policies. The portal offers what Next says are several unique insurance services, including the option to cancel a policy …

Massachusetts’ Insurance Recovery Group Appoints James as President and CEO

Paul James has been appointed to the role of president and chief executive officer of Insurance Recovery Group Inc. (IRG) by David A. Jollin, IRG’s chairman of the board. IRG is a national subrogation, second injury fund, COLA recovery and …

Allianz Specialty Goes Live with ‘Insurtech’ for Small Business Brokers, Policyholders

Borrowing ideas from some insurtech startups, Allianz Global Corporate & Specialty has a new platform for brokers and their Main Street customers “from barber shops to bakeries and toy stores to tailor.” The site, AllianzGo, promises U.S. brokers and policyholders …

Exxon Must Disclose Accounting Details in New York Climate Probe

Exxon Mobil Corp.’s attempt to use “accountant-client privilege” to avoid handing over audit documents in a politically charged climate-change probe was dealt a final blow by New York’s top court. The finding on Tuesday affirms a 2016 ruling that Exxon …

Harvey and Irma Jeopardize 2017 Earnings, Says Munich Re

Munich Re, the world’s largest reinsurer, said storms led by Hurricanes Harvey and Irma will probably wipe out third-quarter profit and threaten the company’s ability to meet its full-year earnings target. “These two events are expected to result in high …

Some Banks Already Follow Consumer Bureau’s Softer Arbitration Policy

Senator Elizabeth Warren, who opposes efforts to dismantle a new rule allowing customers to sue financial companies in class actions, released letters on Tuesday from U.S. bank CEOs in which they declined to defend lobbying against the measure and several …

The Liberty Company Insurance Brokers Welcomes Christopher David Harney as Partner/Senior Vice President

Woodland Hills, CA, September 14, 2017- The Liberty Company Insurance Brokers is proud to welcome Christopher David Harney as Partner/Senior Vice President in its Los Angeles office. He will join the leadership team and continue his role as a producer …

Trucking Industry Backs Bills Easing Self-Driving Vehicle Regulation

A U.S. trucking trade group and truck maker Navistar International Corp. urged a U.S. Senate panel on Wednesday to include self-driving commercial trucks in proposed legislation intended to speed autonomous vehicles to market. The House last week unanimously approved a …

Fitch Expects Most Insurers, Reinsurers to Handle Losses from Both Harvey, Irma

Fitch Ratings reported that based on its initial assessments, most U.S. insurance companies and global reinsurers that it rates are not expected to be downgraded as a result of the combined effects of Hurricanes Irma and Harvey. However, Fitch said …

Parties Compromise to End Monkey Business Over Selfie Copyright

Monkey see. Monkey sue. Monkey settle. Attorneys representing a macaque monkey have agreed to a compromise in a case where they asserted the animal owned the copyright to selfie photos it had shot with a photographer’s camera. Under the deal, …