Tesla Invites Actuaries to Help It Create a ‘Revolutionary’ Insurance Company July 24, 2020 By Andrew G. Simpson Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one...
Geico Sued for Alleged ‘Woefully Inadequate’ Coronavirus Auto Insurance Discount July 24, 2020 By Andrew G. Simpson Berkshire Hathaway’s Geico, the country’s second largest auto insurer, is being targeted by a potential class action for allegedly overcharging...
State Insurance Commissioners Vow to Probe Role of Race in Insurance July 24, 2020 By Andrew G. Simpson The nation’s state insurance commissioner said they are forming a special committee to address issues of race in insurance including...
Traffic Down 25%, Motor Vehicle Fatalities Down 8% in May During Lockdowns July 23, 2020 By Andrew G. Simpson Preliminary estimates indicate that deaths from motor vehicle accidents fell in May but the death rate per miles driven jumped...
U.S. Extends Ban on Cruise Ships Through September as Coronavirus Cases Rise July 20, 2020 By Andrew G. Simpson Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise...
101 Ways Coronavirus Crisis Has Changed P/C Insurance Pros’ View of Their Job. Or Not. July 7, 2020 By Andrew G. Simpson Has the coronavirus experience changed how property/casualty insurance professionals view their jobs? Yes and no. The biggest change is that...
Exclusive Coronavirus Survey: P/C Insurance Return to ‘Normal’ Office May Take Time July 1, 2020 By Andrew G. Simpson Many property/casualty insurance professionals, most of whom have been working at home during the pandemic, may need some convincing not...
The Institutes to Add Insurance Information Institute to Its Affiliates Roster June 26, 2020 By Andrew G. Simpson and Mark Hollmer The Insurance Information Institute, since 1960 a source of insurance data and information for the media and consumers, has agreed...
Exclusive: How P/C Insurance Pros Are Faring Working From Home During Pandemic June 25, 2020 By Andrew G. Simpson According to Dorothy in the Wizard of Oz, there’s no place like home. For many in the property/casualty insurance industry,...
A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor June 23, 2020 By Andrew G. Simpson Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works...