September 12, 2017
Global reinsurance broker JLT Re has reported that Stephen Balderston will be joining its Credit and Political Risk team as a partner once he has completed his contractual obligations with his current employer, Guy Carpenter. Balderston joins JLT Re after …
September 12, 2017
A wave of insurtech startups are entering the re/insurance market – but that’s not necessarily a disruptive trend, according to a report published by JLT Re. Indeed, the report points to close collaboration between many new insurtech companies and established …
September 12, 2017
Paul Martin has joined Texas-based independent MGA and wholesaler, Myron F. Steves and Co., as director of Education and Development. He will also oversee the company’s operations in San Antonio. Martin most recently served as vice president of sales at …
September 12, 2017
A change to the Dairy Margin Protection Program means Wisconsin dairy farmers can choose to opt out of the federal program and turn to other risk management strategies. The U.S. Department of Agriculture no longer requires farmers to enroll in …
September 12, 2017
Environmental officials say they’ll test groundwater for people living near a North Carolina chemical plant after finding worrying signs of an unregulated and little-studied compound. The state Department of Environmental Quality said Sept. 6 it’s acting on limited information that …
September 12, 2017
Federal accident investigators are poised to find that Tesla Inc.’s auto-driving system should share blame for a fatal 2016 crash in which a Model S sedan drove itself into the side of a truck. The investigative staff of U.S. National …
September 12, 2017
The Trump administration will alter the course set by the Obama administration on autonomous vehicle policy after industry raised concerns about elements of that initial proposal. The revised guidance — to be unveiled Tuesday in Michigan by Transportation Secretary Elaine …
September 12, 2017
Less than a day after Equifax revealed one of the biggest data breaches in U.S. corporate history, the credit reporting company has already been hit with two proposed class actions in federal court – and one of those cases was …
September 12, 2017
Liberty Mutual’s venture arm is among the investors backing the new $92 million funding round for Turo, a peer-to-peer car sharing marketplace. Dan Robinson, managing director of Liberty Mutual Strategic Ventures, said he sees solid business opportunities within Turo’s concept. …
September 12, 2017
Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest U.S. storm on …