April 10, 2019
A judge has ruled that the security company that provided firearms training to the man who killed 49 people in an Orlando nightclub can’t be blamed for the attack. Circuit Judge Donald Hafele wrote in a March 15 decision that …
April 10, 2019
North Carolina continues to experience growth in its captive insurance industry as it enters its sixth year and has emerged as one of the nation’s leading captive insurance domiciles, according to a statement from North Carolina Insurance Commissioner Mike Causey. …
April 10, 2019
Self-driving vehicles could be operated in Florida without a human backup under a bill approved by a House committee last week, which could pave the way for companies like Uber and Lyft to deploy fleets of driverless vehicles. Republican sponsor …
April 10, 2019
A Mississippi funeral home is accused of giving the wrong bodies to two families. The Enterprise-Journal reported Tuesday that two lawsuits accuse the Hartman-Jones Funeral Home in McComb of the body swap. Ninety-three-year-old Mary Dearman died on March 17, 2018, …
April 9, 2019
Two U.S. senators have asked the inspector general of the Health and Human Services Department to investigate a practice by pharmacy-benefit managers known as spread pricing, as part of a wider inquiry by lawmakers into U.S. drug costs. Ron Wyden …
April 9, 2019
A progress report from the California Division of Workers’ Compensation on the state’s Independent Bill Review program shows seven of 10 decided cases resulted in additional payment for the provider. IBR is a process used to resolve billing disputes for …
April 9, 2019
Chubb has appointed Jonathan Kennett as head of Financial Institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer’s London market wholesale and specialty arm. In this role, Kennett will have responsibility for the leadership, strategy and …
April 9, 2019
Lansing, Michigan-based PROTO InsurTech, a business accelerator and equity investment fund led by Lansing Economic Area Partnership (LEAP), said three new international high-tech startups have begun operating in LEAP’s REO Town office. The startups aim to transform the Michigan insurance …
April 9, 2019
In a commentary on the recent Midwest flooding, AM Best said the states hit hardest by these floods — such as Missouri, Iowa, Kansas and South Dakota — generally have National Flood Insurance Program (NFIP) insured rates of less than …
April 9, 2019
More than 50,000 risks have been bound on the London market’s electronic placement platform, with nearly 12,500 risks bound in the last three months alone, announced the board of the Placing Platform Ltd. (PPL). “This is another watershed moment for …