Monthly Archives: <span>September 2019</span>

CoreLogic: More Than 600K Homes in Carolinas Could Be At Risk from Dorian

The wrath of Hurricane Dorian isn’t over yet and many more communities in its path are at risk and are bracing for the storm after it demolished the Bahamas earlier this week. The extremely slow-moving hurricane is finally reaching the …

Former Arch Exec Slate to Lead New Great American Accident & Health Division

Great American Insurance Group has launched an Accident & Health Division, the company’s 35th specialty property and casualty business. The new division will build on Great American’s existing array of accident & health insurance coverages, focusing on customized coverages for …

Tesla Autopilot Design, Plus Driver Error, to Blame for 2018 Crash: Safety Board

The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc.’s Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California. The …

Walmart Sued by Couple Wounded in El Paso Mass Shooting

A couple wounded in the Aug. 3 mass shooting at a Walmart in El Paso, Texas, has sued the retailer, claiming the store lacked proper security, in what their lawyers called the first lawsuit over the attack. Guillermo and Jessica …

Germany to Limit Use of Weedkiller Glyphosate Then Ban It 2023

Germany will ban the use of the weedkiller glyphosate – the subject of billion-dollar U.S lawsuits over claims it causes cancer – from the end of 2023 and limit its use before then, the Environment Ministry said on Wednesday. Germany’s …

With U.S. Leadership Grounded, Global Regulators Worry About 737 Precedent

The head of the International Air Transport Association (IATA) warned on Tuesday that any discrepancy among global regulators over re-approving Boeing Co.’s 737 MAX for commercial flight could set a worrying precedent for future aircraft programs. The 737 MAX, Boeing’s …

Judge Nixes Antitrust Concerns, Allows CVS Purchase of Aetna

A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health Corp. to merge with health insurer Aetna said on Wednesday that the agreement was in fact legal under antitrust law. Judge Richard …

Sedgwick Completes Purchase of York Risk Services

Insurance and benefits claims firm Sedgwick said it has completed its purchase of York Risk Services Group, which offers claims administration, managed care and loss adjusting services. The acquisition plan was first announced in July. The purchase marks Sedgwick’s third …

Marsh Names Rouse to Lead U.S. Property; Sartain to Lead FINPRO

insurance broker Marsh announced senior leadership appointments within its Property and Financial and Professional Liability (FINPRO) Practices. Michael Rouse has assumed leadership of Marsh’s U.S. Property Practice. He brings 20 years of property insurance experience to the position, most recently …

Kentucky-Based ClearPath Mutual Appoints Fallahay, Korsan as VPs

The Board of Directors of ClearPath Mutual Insurance Co. has appointed Kevin Fallahay as the company’s vice president of Claims, and Robert Korsan as the vice president of Underwriting. Fallahay previously held the role of director of Claims since 2015. …