April 12, 2019
ICNE, Insurance Center of New England, has hired two new employees to its independent agency. Melissa Salois-Blood accepted the position of controller, and Jennifer Santiago was hired to fill the role of employee benefits account manager. Salois-Blood has more than …
April 12, 2019
If you’ve bought a new car lately, chances are it has some basic communication skills. One day, cities and highways could be full of self-driving vehicles, all talking directly with each other to coordinate traffic and prevent accidents. Do they …
April 12, 2019
Assignment of benefits reform legislation progressed in the Florida legislature yesterday. Lawmakers passed House Bill 7065, one of two key pieces of insurance industry-supported legislation – the other being its companion Senate Bill 122 – that Florida’s insurance regulator and …
April 12, 2019
A U.S. Appeals Court ruling last month in Puerto Rico’s bankruptcy led Fitch Ratings on Thursday to place seven city, school, and health care ratings in states including Illinois and California on a watch list for potential downgrades. The credit …
April 12, 2019
Canadian insurer The Co-operators announced it has purchased Robinson & Associates Insurance Brokers in Niagara Falls and Ridgeway, Ontario. Financial details of the deal were not disclosed. The brokerage’s portfolio includes personal and commercial insurance policies, said The Co-operators in …
April 12, 2019
The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60 percent of the $76 billion price tag for insured natural catastrophe losses during 2018, according to Swiss Re Institute’s latest …
April 12, 2019
Germany’s Rhine River could be impassable to ships again this summer if Europe has another drought, a once-rare weather phenomenon that’s becoming more likely with an increase in the temperature. That’s the opinion of German and Swiss scientists who say …
April 12, 2019
Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …
April 12, 2019
Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in Charlottesville, Va. They’re all in their early ’30s …
April 11, 2019
The risk of being kidnapped or taken hostage is being added to the travel advisories issued by the State Department. State Department advisories have until now included warnings about such things as crime, civil unrest or the potential for terrorism. …