While the balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, underwriting discipline will be tested over the February 2018 renewal period, according to a report by A.M. Best. Intense competition, exacerbated by …
London is ill-prepared to become an early adopter of cutting-edge transport technology including driverless cars and retail deliveries by drone, according to the city’s lawmakers. While the U.K. government has predicted that connected and autonomous vehicles, or CAVs, will be …
Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional Liability Underwriting Society (PLUS) Directors …
Heavy rains flooded areas and caused mudslides in parts of Appalachia, forcing dozens of people out of their homes and into shelters as the high water closed roads and schools. Kentucky Emergency Management spokeswoman Monica L. French told news outlets …
The father of an Alabama teenager missing in Aruba since 2005 is denying his ex-wife’s claims that a television show about the case was faked. Dave Holloway, an insurance agent in Meridian, Mississippi, released a statement Friday saying last year’s …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has appointed Scott Stamper as managing director to run day-to-day operations and help guide the growth of Atlass Insurance Group, the company’s recreational and commercial marine division. Stamper …
QBE North America has formed a strategic program underwriting alliance with Huntersure LLC, to offer its professional liability coverage for small to mid-size architectural, engineering and contractor businesses nationwide through Huntersure. The coverage will be provided on a non-admitted basis …
Georgia transportation officials are exploring the idea of a separate highway for trucks only. It would be the first highway of its kind in the United States, said John Hibbard, the Georgia Department of Transportation’s operations director. WABE Radio reports …
Chicago-based insurer Kemper Corp. has agreed to acquire Birmingham-based Infinity Property and Casualty Corp. in a cash and stock transaction valued at approximately $1.4 billion, or $129.00 per share, creating an insurer with increased scale in the nonstandard auto insurance …
Clearcover, a data-driven auto insurtech startup, announced the California launch of its platform today and that it is officially selling car insurance policies to residents in the state. The Chicago, Ill-based firm is promising that “consumers can save hundreds of …
