June 18, 2021
Senior Judge Reggie Walton, who joined the U.S. District Court for the District of Columbia in 2001, will hear the Justice Department’s lawsuit aimed at stopping insurance broker Aon’s $30 billion acquisition of Willis Towers Watson. The U.S. Justice Department …
June 18, 2021
U.S. auto safety regulators said on Thursday they have opened 30 investigations into Tesla crashes involving 10 deaths since 2016 where advanced driver assistance systems were suspected of use. The National Highway Traffic Safety Administration (NHTSA) released a list offering …
June 18, 2021
Akur8, the Paris-based insurtech firm that automates insurance pricing, has closed a Series B funding round of $30 million, bringing its total funding to $42 million. This latest funding round will accelerate Akur8’s international expansion, with a particular emphasis on …
June 17, 2021
A French Michelin three-star chef is asking Allianz SE for 1.6 million euros ($1.9 million) in insurance claims for losses suffered by his restaurants during the country’s lockdowns, a person familiar with the matter said. Chef Michel Troisgros has asked …
June 17, 2021
The National Hurricane Center’s updated its tropical storm warning for the Gulf Coast is in effect for east of Morgan City, Louisiana to the Okaloosa/Walton County line in Florida. The center has warned of heavy rainfall and flooding. On Friday, …
June 17, 2021
Lockton Insurance Brokers LLC has named Sherri Harrison, senior vice president, to market leader. Harrison is responsible for clients, people, operations and the growth of the benefits practice in San Diego, Calif., and Orange County, Calif. Harrison has more than …
June 17, 2021
The Western U.S. could be in for a wild ride thanks to climate change. That’s the brunt of the buzz in the news this week, as multiple media outlets gave heavy coverage to the severe drought and heatwave currently creeping …
June 17, 2021
Cannasure Insurance Services is now providing its wholesale brokerage and managing general agent services to retail brokers representing insureds domiciled in California. Cannasure announced it will offer property capacity of up to $40 million in total insured values as well …
June 17, 2021
Two more defendants have pleaded guilty conspiring to stage automobile accidents in order to defraud insurance and trucking companies. The defendants from Orleans and Jefferson Parishes pleaded guilty before United States District Court Judge Sarah S. Vance to helping stage …
June 17, 2021
The number of wildfires this year in North Dakota has increased significantly, according to state officials, who cite extremely dry conditions. Data collected by the North Dakota Forest Service and the state Department of Emergency Services shows nearly 1,400 fires …