August 15, 2017
Waterloo, Ontario-based Economical Insurance has appointed Roger Dunbar as the senior vice president of Sonnet Insurance, Economical’s digital direct channel. Previously, Dunbar was vice president, Marketing, at Trader Corporation where he led Trader’s consumer and business-to-business strategies, and business intelligence. …
August 15, 2017
Britain has said it wants an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods, but that it will also seek the right to negotiate other trade deals — a possible sticking …
August 15, 2017
Things could get rougher for global reinsurers if annual natural catastrophe claims keep moving closer to the long-term average, Standard & Poor’s said in a new report. It turns out that upward trend has been substantial. As indicated by Aon …
August 15, 2017
Tesla Inc. is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between …
August 15, 2017
A federal appeals court reduced by $2 million the legal fees that Sears Holdings Corp. and Whirlpool Corp. must pay to settle a class action lawsuit over defective washing machines. The reason: the case was not that complicated. The 7th …
August 15, 2017
Startup insurtechs need partnerships more than they need money from insurance carriers, according to one leading venture capitalist actively funding insurance technology firms. Venture firm XL Innovate’s Martha Notaras told Super Regional property/casualty insurer executives looking to get involved in …
August 15, 2017
Don Cook was asleep in his Hillwood home when the security alarm on his phone woke him up just past midnight. Three burglars were trying to break into his car. The burglars had tripped the surveillance camera on the side …
August 15, 2017
A West Virginia woman who filed a lawsuit after being injured when a deputy crashed into a townhome has settled for $1.5 million. The Charleston Gazette-Mail reports the settlement was finalized Thursday. Samme Gee sued Kanawha County Sheriff’s Deputy Shawn …
August 15, 2017
A major Florida city is planning to get rid of its red-light cameras after data show the devices haven’t reduced car accidents. The Florida Times-Union reports that Jacksonville Sheriff Mike Williams announced the decision at a City Council meeting on …
August 15, 2017
The Florida Office of Insurance Regulation (OIR) announced it will conduct a rate hearing on Aug. 31, 2017 to receive public comment on Citizens’ proposed rate changes for its business in the Coastal Account (CA), Commercial Lines Account, and Personal …