December 4, 2018
WKFC Underwriting Managers and CorRisk Solutions have hired Joseph Girardi as senior vice president of specialty casualty. Girardi joins WKFC and CorRisk with more than 30 years of experience in the commercial insurance industry. Previously, he served as senior vice …
December 4, 2018
Sitting in a Boston courtroom in a dark, pinstriped suit, the former top sales executive at Insys Therapeutics Inc., Alex Burlakoff, listened as federal prosecutors read out crimes he and the company had allegedly committed. Insys had bribed doctors and …
December 4, 2018
Online platforms can foster insurance market transparency and reduce both transaction costs and information asymmetries, factors typically associated with increased competition and societal welfare. However, online insurance platforms also give rise to challenges concerning consumer protection and competition that should …
December 4, 2018
The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union’s top court that will fuel the campaign to thwart the divorce. The opinion, which isn’t binding, comes at a crucial moment for Prime …
December 4, 2018
Three oil companies have reached a settlement with plaintiffs in a class-action lawsuit over damaging earthquakes in central Oklahoma. The companies — Spess Oil Co., Equal Energy US Inc. and Fairfield Oil and Gas Corp. — have not admitted to …
December 4, 2018
The stamping fee for Illinois surplus line policies an effective date of Jan. 1, 2019, and later will drop to 0.075 percent (premium X 0.00075), rounded to the nearest whole dollar, Surplus Line Association of Illinois (SLA) reported in a …
December 4, 2018
The Bureau of Alcohol, Tobacco, Firearms and Explosives and the National Shooting Sports Foundation are offering a $5,000 reward for information about guns stolen from a Georgia store. The Atlanta Journal-Constitution reports each organization is offering $2,500 for information that …
December 4, 2018
Hurricane Harvey recovery will end up costing the state as much as $2 billion, according to a report released Nov. 30 by the Texas Senate’s budget-writing panel, although it said costs may fluctuate based on how much help it receives …
December 4, 2018
Licensed insurance professionals working in the Florida Panhandle have been granted an extension of continuing education deadlines in an effort to help accelerate Hurricane Michael recovery efforts in the region, according to a statement from Chief Financial Officer Jimmy Patronis. …
December 4, 2018
Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill. Staff for Republican Senator John Thune and Democratic …