News

Robot-Car Drives in Berlin Traffic Like Nervous Teenager with Learner’s Permit

On a test route in Berlin traffic, an experimental Jeep Grand Cherokee slams on its brakes every few hundred yards, like a nervous teenager with a learner’s permit. In a sense, that’s exactly what the robo-car is. Even after months …

Accident at Western Pennsylvania Plant Leaves Two Dead, Four Hurt

State police say two contractors working on a pipe in an underground pit at a western Pennsylvania power plant were killed when the pipe ruptured, filling the pit with sludge. Police say four other workers above the pit were overcome …

Massachusetts Man Arrested for Allegedly Running Motor Vehicle Theft Scheme

An Avon, Mass., man has been arrested and arraigned in connection with allegedly running a major motor vehicle theft scheme. Authorities arrested Jose Sostre on Tuesday in Avon. Following his arrest, Sostre was arraigned in Suffolk Superior Court on charges …

U.S. Agency Sues New York’s Estee Lauder Companies Over Parental Leave Policy

The U.S. Equal Employment Opportunity Commission filed a lawsuit on Wednesday accusing Estee Lauder Companies Inc. of discriminating against men by giving them less paid parental leave than women. The commission said in the lawsuit filed in Philadelphia federal court …

Former Marsh Executive Bob Newhouse Dies on Aug. 26

Former insurance industry executive and innovator, Robert “Bob” J. Newhouse Jr. died on August 26, 2017, following a brief illness. He spent 36 years at Marsh & McLennan Cos. (MMC), where he served as a senior executive for Guy Carpenter …

Climate Change and Hurricanes – The Worst Is Yet to Come

How powerful would Hurricane Harvey have been in 1880? How much stronger might it be in 2100? A single Hurricane Harvey has been more than anyone can bear. But to better prepare cities for future storms, researchers are preparing to …

Integro Names McCarroll from Willis Senior Vice President in California

Integro Insurance Brokers has hired Michael McCarroll as senior vice president in the firm’s Woodland Hills, Calif. office. McCarroll will focus on developing new opportunities within the property & casualty, benefits and entertainment sectors. McCarroll joins Integro from Willis. He …

Update: Claims Teams Begin Handling Onslaught of Harvey Claims

Hurricane Harvey has set a U.S record, according to the National Weather Service, dumping 51.88 inches of rain in parts of Texas. As the tropical storm moves over southern Louisiana, claims catastrophe teams are moving in to devastated cities in …

Tallying Massive Costs of Harvey to Victims, Insurers, Taxpayers and Economy

Hurricane Harvey’s costs to the victims in its path, to U.S. taxpayers, to insurers and to the economy were still being calculated on Wednesday, with few firm estimates available yet. Texas could need more than $125 billion from the U.S. …

Wells Fargo Sued Over Charges for Mortgage Interest Rate Lock

A homeowner has filed a lawsuit accusing Wells Fargo & Co. of improperly charging thousands of customers nationwide to lock in interest rates when their mortgage applications were delayed. Filed on Monday in San Francisco federal court, the lawsuit said …

News Archives by Month