Daily Archives: <span>February 6, 2018</span>

Technology Partnerships Key to Insurance Industry’s Exit from `Stone Age:’ Aviva CEO

The insurance industry is “generally in the stone age,” and partnerships with technology companies are the way forward, according to Aviva Plc’s chief executive officer. His company, the U.K.’s second-largest insurer, is working with Tesla on how to insure driverless …

gotoPremiumFinance and Jetfile Answer the Demand for Instant, Paperless Insurance Billing

Woodland Hills, CA, February 6, 2018- gotoPremiumFinance and Jetfile Technologies, Inc. are pleased to announce the formation of a partnership that will provide the first integrated and completely paperless point-of-sale billing option for Jetfile’s clients. “Our clients and prospects demand …

Public Firms Now Face Question of When to Disclose Sexual Harassment Claims

The steep drop in the stock price of Wynn Resorts Ltd. following a report that chairman Steve Wynn subjected female staff to unwanted sexual advances offers an illustration of how such allegations may now be “material” information that public companies …

Why Safety Numbers on Driverless Cars Don’t Add Up: Viewpoint

The “Race to Autonomy” has become the high-tech competition of our time, pitting automakers, suppliers, technology titans and Silicon Valley startups against each other in intense competition for the first bite of what will be a trillion-dollar driverless vehicle business. …

Latest Amtrak Crash Highlights Upcoming Rail Safety Deadline

Only about a quarter of U.S. railroad tracks that carry passenger trains have an anti-crash system that safety officials say could have prevented a fatal weekend crash, even though a year-end deadline to finish installing it is just months away. …

Worley Claims Services Acquires Audit Services Incorporated of Georgia

Worley Claims Services, LLC, a provider of claims services in North America, has acquired Audit Services Incorporated (ASI), a claim estimate writing and review supplier for the property and auto insurance markets based in Atlanta. Financial terms of the transaction …

South Carolina Reports Nearly $5M Returned to Insurance Consumers in 2017

South Carolina Department of Insurance (SCDOI) assisted South Carolina insurance consumers in receiving $4,997,748 in insurance-related payments in 2017, according to a statement from Director Ray Farmer. These recovered funds are in addition to the original amounts offered to policyholders …

SterlingRisk Insurance Names O’Donnell President of Aviation Practice Group in Florida

Michael O’Donnell has been named president of the Aviation Practice Group at SterlingRisk Insurance, an independently owned insurance brokerage firm based in Destin, Fla. O’Donnell, who joined SterlingRisk in 2011, most recently served as executive vice president, Aviation Practice Group. …

Alabama Supreme Court Rejects Concert Injury Suit Against Booking Agent

The Alabama Supreme Court says a man can’t go forward with his lawsuit against a company involved in booking a death metal concert where he was injured. The justices on Friday blocked a lawsuit against the Los Angeles-based ICM Partners …