Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. The German automaker’s …
Tennessee had 32 boating-related deaths in 2020, the most in 37 years, wildlife officials said. The Tennessee Wildlife Resources Agency reported an increase in traffic on the state’s lakes and rivers in 2020 as outdoor activities such as boating increased …
Sedgwick, a provider of technology–enabled risk, benefits and integrated business services, has added Michelle Hay as global chief people officer. With more than 25 years of professional experience and a human resources leadership and consulting expertise, Hay will have executive …
The Allstate Corp. is selling Allstate Life Insurance Co. to entities managed by investment firm Blackstone for $2.8 billion. Explaining the move from Allstate’s perspective, Allstate CEO Tom Wilson referred to a strategy to grow market share in personal lines …
The Liberty Company Insurance Brokers in Woodland Hills, Calif., has added Jessica James to the firm. James focuses on construction, environmental, professional liability, non-profits, cannabis and lessor’s risk. She has more than 21 years of experience in the industry as …
Everest Re is the most recent insurance and reinsurance company to announce catastrophe and COVID losses in advance of fourth-quarter earnings, but Everest’s disclosure on Monday also addressed a boost in prior-year casualty reserves. “The decisive reserving actions we are …
What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of facultative risks within a network of companies, with marine insurance being the first business line to try it out. Eurapco, …
There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of Covid-19 related risks — business interruption, the pandemic …
Commercial lines insurer to automate appetite communications and market products directly in agencies’ daily workflows TAMPA, Fla. – January 27, 2021 – IVANS®, a division of Applied Systems®, today announced that BTIS, a leading insurance intermediary Amynta Group company focused …
Auto theft appears to have increased considerably in 2020 compared to 2019, reversing two years of auto theft declines. A preliminary analysis by the National Insurance Crime Bureau shows there were 873,080 auto thefts in 2020, or almost 2,400 a …
