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After Catastrophes, ‘Pricing Complacency,’ P/C Insurers Face Real Test in 2018: S&P

While the U.S. property/casualty insurance sector passed the capital test in 2017, a year with record catastrophe losses, insurers will face the real test in 2018 if catastrophe losses come close to last year’s activity and if reserve development becomes …

Americans’ Fear of Driverless Cars Subsiding: AAA Survey

American drivers are slowly warming up to the idea of relinquishing the wheel to a robot. Although 63 percent of U.S. drivers say they’d be afraid to ride in a fully self-driving car, that’s down substantially from the 78 percent …

Jury Finds AbbVie Not Liable in AndroGel Injury Suit

A federal jury in Chicago on Friday found AbbVie Inc. not liable in a lawsuit by an Arizona man who claimed he had suffered a pulmonary embolism due to using the company’s testosterone replacement medication AndroGel. The verdict in the …

North Carolina Woman Accused of Defrauding Progressive Insurance

A North Carolina woman has been arrested and charged with solicitation to obtain property by false pretenses, according to a statement from North Carolina Insurance Commissioner Mike Causey. Heaven Symone Lassiter, 23, of Ahoskie, is accused of providing false information …

Mother of “The Walking Dead” Stuntman Killed on Georgia Set Files Wrongful Death Suit

The mother of a stuntman who fell to his death on the set of “The Walking Dead” in Georgia has filed a wrongful death lawsuit against the show’s network and other parties, saying unreasonably low budgets led to inadequate safety …

School Testing Vendor Data Breach Exposes Info of 663 Mississippi Students

Mississippi education officials said last week that a recently disclosed data breach by a testing vendor has exposed information from 663 students in Tupelo and Jefferson County. State Superintendent Carey Wright said that Questar Assessment believes an unauthorized user gained …

InterWest Insurance Services Opens New California Office

InterWest Insurance Services has opened a new office in Windsor, Calif. The commercial brokers affiliated with Windsor are Mike Feeney, Garrett Yates, Chip Arenchild and Mike Ryan. The employee benefits brokers are Sama Hershey Davis and Victor McKnight. Their primary …

IBHS in Florida Announces Leadership Changes, Focus for 2018

The Insurance Institute for Business & Home Safety (IBHS), headquartered in Tampa, Fla., has promoted Anne D. Cope, Ph.D., P.E., to senior vice president of Research and chief engineer. Cope has assumed leadership of IBHS’ multimillion-dollar research agenda to make …

Hartford Steam Boiler Launches HSB Cyber Suite for Mid-Sized Businesses

Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has introduced HSB Cyber Suite, a comprehensive cyber insurance coverage designed for small to mid-sized businesses and other organizations. Because there are multiple types of cyber risks, HSB …

Arkansas Hires 5 Law Firms to Help with Opioid Abuse Probe

Arkansas’ attorney general has retained five law firms to help investigate drug companies and prepare for potential legal action over their role in the state’s opioid abuse problem. Attorney General Leslie Rutledge said she retained Dover Dixon Horne PLLC in …

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