Monthly Archives: <span>April 2020</span>

Some Onsite Agent, Adjuster Licensing Exams Now Available in Texas

Texas insurance regulators say agents and adjusters can now take licensing exams at select sites in the state. The testing locations for Pearson VUE, the state’s testing contractor, had previously been closed do to the COVID-19 pandemic. The Texas Department …

Chubb Reports Q1 Net Income Drop; Sees ‘Meaningful’ Coronavirus Impact Ahead

Chubb said that the coronavirus pandemic’s effects on its bottom line were relatively benign in the 2020 first quarter. But all bets are off for the months ahead. The global property/casualty insurer reported net income of $252 million, or $0.55 …

PG&E’s Bankruptcy Plan Heads Toward Approval in California

California regulators are being advised to approve Pacific Gas & Electric’s plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility’s past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high …

Families Sue Helicopter Company in California in Kobe Bryant Crash

Family members of four passengers killed in a helicopter crash with Kobe Bryant and his daughter have joined the NBA star’s widow in filing wrongful death lawsuits against the companies that owned and operated the aircraft. The suits on behalf …

Insurtech ‘Babel Cover’ Collaborates with Maltese Insurer Atlas to Offer Bicycle Insurance

Babel Cover, a British insurtech start-up, is working with Maltese insurer Atlas and emerging technology firm Piprate to insure bicycles of competitive cyclists, triathletes and commuters of Malta. The intention of the pilot is to perform live and controlled product …

First Pitch: Fans Sue Major League Baseball Teams, Ticket Vendors for Refunds

A pair of fans in New York sued Major League Baseball, Commissioner Rob Manfred and the 30 teams, asking for their money back for tickets and for certification of class-action status. The lawsuit was filed Monday in U.S. District Court …

Putting Autonomous Driving Back on the Road: Roundtable

The self-driving car was a dream deferred even before the Covid-19 outbreak brought the U.S. economy to a standstill. By early 2020, plans to launch robotaxi services had been pushed back or scaled down as excitement over driverless cars gave …

Broker NFP Buys UK’s Johnson Fleming Group Ltd.

NFP Corp., the New York City-based insurance broker and consultant, announced the acquisition of Johnson Fleming Group Ltd. and Johnson Fleming Future Life Planning Ltd. (together, Johnson Fleming). The transaction closed on Jan. 17, 2020 for an undisclosed sum. Johnson …

Guest Post: The Insurance Professional’s Guide to Giving Depositions Part 5: Practicing for Your Deposition

Today’s post is the fifth in a series of posts by friend of the Academy, Crystal M. Uebelher, J.D., CPCU. Crystal is an insurance professional and a lawyer. Crystal loves teaching non-lawyers about the law and lawyers about insurance. Now …

Massachusetts’ C&S Insurance Hires Quealy, Trabulsie, McLaughlin to Executive Team

Massachusetts’ C&S Insurance has hired Chuck Quealy, Kelly Trabulsie and Eric McLaughlin to its team. McLaughlin, who comes aboard as a partner and executive vice president, brings more than 10 years of insurance sales experience to the C&S family, along …