Autotech Ventures, a Silicon Valley venture capital firm, said it had raised $120 million from automotive companies and financial investors for a fund that will invest in startups working on transportation services and digital vehicle technology. The fund will try …
Loss ratios and operating ratios for the U.S. private passenger nonstandard auto insurance market fell to their worst levels in a decade, according to a report from A.M. Best. The results for the population of insurers studied in this report …
The Hartford has expanded its flagship management liability offering, Private Choice Premier, to include management liability coverage integrated with risk management services for nonprofit organizations. Private Choice Premier for nonprofits offers coverage to protect against: Directors, officers and entity liability …
A third man died from injuries suffered in a Florida power plant accident that happened when molten material poured onto workers as they tried to unplug a blocked tank. Hillsborough County Sheriff’s officials told The Associated Press in an email …
Alera Group – an independent insurance agency and independent employee benefits – has acquired Group Benefits LLC of Memphis, Tennessee, effective July 1. Alan Levitz, CEO of Alera, said the company’s strong middle market presence in Memphis is a significant …
A movie director served jail time for trespassing onto a Georgia railroad bridge and putting his film crew in the path of a freight train that slammed into the group and killed a young camera assistant. Now the dead woman’s …
The tension between Washington D.C. and Sacramento seems to have created extra work for some lobbyists. “It’s absolutely palpable,” Paul Yoder, managing director for the California Coalition on Workers’ Compensation, said commenting on the tension. He was speaking with Jason …
CFC Underwriting has partnered with CyberScout, an identity management and data theft service company, to offer cyber support services to its customers internationally. CyberScout provides CFC customers with help in three areas: identity theft remediation, consumer notification and cyber fraud …
A Nebraska bank will pay $30,598 to a woman whom it unlawfully paid less than a man, pursuant to a federal court judgment in a pay discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency …
Amy’s Country Candles L.L.C., a Harvey, La.-based manufacturer and purveyor of scented candles, violated federal law by firing an employee for complaining about sexual harassment, the U.S. Equal Employment Opportunity Commission (EEOC) has charged in a lawsuit. The EEOC’s suit …
