Two recent stories in Insurance Journal caught my eye and gave me this topic. Florida Puts Worker’s Comp Carrier Guarantee Insurance In Receivership Florida Keys Insurance Agent Accused of Defrauding Citizens Insurance These are two stories about two very different …
A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model …
Paytm Payments Bank aims to create the world’s largest digital bank with 500 million accounts, envisioning an online financial services provider of everything from wealth management to credit cards and stock market trading. The bank, backed by [India’s] largest digital …
Markel International, the specialist insurer, has completed its acquisition of EC Insurance Co. Ltd. (ECIC), having received approval from the Prudential Regulation Authority. Sevenoaks, England-based ECIC provides a wide range of insurance products for contractors and affinity groups across the …
Starr Cos. has launched an Accident & Health Division, based in Toronto, Canada. A&H coverages provided include business travel accident; group basic and voluntary accidental death & dismemberment; critical illness; and emergency out-of-province medical. “Starr continues to expand its capabilities …
Worldwide Facilities has been appointed by CBIC, an RLI Company, to offer its insurance program for design professionals. The program’s target classes include architectural firms, landscape architects, civil and structural engineers, surveyors, and interior designers. Construction and project management consultants …
Residents of two of the North Carolina counties hardest hit by Hurricane Matthew can now schedule an appointment to apply for reimbursement of their losses. The Fayetteville Observer reports state Department of Emergency Management Director Mike Sprayberry says Cumberland and …
A Florida nursery and a man who suffers from epilepsy filed a lawsuit against Gov. Rick Scott’s administration that contends that state officials are flouting the state’s new medical marijuana law. It’s the latest legal challenge against the way Florida …
Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders, Cerberus Business Finance, LLC and its affiliates, and TCW …
Wells Fargo & Co. announced it is exiting the personal insurance business and will immediately begin winding down its marketing. The company said the exit process should be completed during the first quarter of 2018. Until that time, it will …
