October 17, 2019
Uber Technologies Inc. and Lyft Inc. skipped a U.S. House of Representatives hearing the ride-hailing industry, angering lawmakers who threatened tighter regulation for the fast-growing market. The two ride-hailing companies had been asked to appear as part of a House …
October 17, 2019
Castel Specialty, the London-based division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has entered the construction and engineering market, primarily focused on the UK, North America, Australia, Canada and other key territories. Heading up the new offering is …
October 17, 2019
AXIS Capital Holdings Ltd. won’t insure, invest in or provide insurance or reinsurance for new coal plants or oil pipelines as part of an initiative designed to reduce climate risks and support the switch to renewable energy. The new policy …
October 17, 2019
Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a potentially lucrative new market for European health insurers. “I am indebted to France for my life,” said Beryl Roberts from …
October 17, 2019
Tennessee health officials say they have received 49 cases of serious lung injury in people who use electronic cigarettes or other vaping devices. The Department of Health said Monday that no single product has been linked to the cases and …
October 17, 2019
It’s been just over a year since Hurricane Michael made landfall in the Florida Panhandle, devastating the region as a Category 5 storm with 161-mph winds and causing more than $7.2 billion in estimated insured losses, according to the Florida …
October 17, 2019
A Michigan judge temporarily blocked the state’s weeks-old ban on flavored e-cigarettes Tuesday, saying it may force adults to return to smoking more harmful tobacco products and has irreparably hurt vaping businesses. Court of Claims Judge Cynthia Stephens put the …
October 17, 2019
An Oklahoma judge on Oct. 15 acknowledged making a nearly $107 million miscalculation in determining how much drug maker Johnson & Johnson must pay the state to help address the state’s opioid crisis. Following a hearing in Cleveland County, District …
October 17, 2019
A tropical disturbance over Mexico’s Yucatan Peninsula is being eyed by New Orleans authorities, who fear it could become a tropical depression or storm that would topple a partially collapsed building and two huge construction cranes onto neighboring buildings at …
October 17, 2019
Irvine, Calif.-based Burnham Risk has named John Huttinger executive vice president and partner. The change was made following Burnham’s acquisition of SeaTech Insurance Agency Inc./Pacific Unified Insurance last month. Huttinger had been president of SeaTech Insurance Agency/Pacific Unified Insurance. His …