Insurers with the strongest new business yield rates also have strong combined ratios in personal auto in the J.D. Power 2017 U.S. Insurance Shopping Study. We define new business yield rates as the proportion of prospective customers who purchase with …
Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring from Arch. Dagneau joins Arch Reinsurance …
Delaware Governor John Carney has signed into law legislation that will increase the state’s minimum auto liability insurance limits. The state last adjusted the minimum auto liability insurance limits approximately 30 years ago. House Bill 114, sponsored by Rep. Bryon …
Eighteen people were injured after a high-speed ferry struck a jetty in Hyannisport, Mass., and began taking on water, authorities said. The U.S. Coast Guard and steamship authority said the ferry, Iyanough, hit the jetty and grounded on the rocks …
Two Connecticut men have been convicted of staging car crashes to defraud insurance companies. Federal prosecutors say 32-year-old Mackenzy Noze, and 33-year-old Jonas Joseph, both of Norwich, Conn., were convicted by a jury Thursday of multiple fraud and conspiracy offenses. …
Almost a year since Britons voted to leave the European Union, Brexit talks finally began on Monday amid confusion over what exactly the U.K. government wants from the divorce. What U.K. Brexit Secretary David Davis describes as the “most complicated …
Facebook Inc. on Thursday offered new insight into its efforts to remove terrorism content, a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting. Facebook has ramped up use of artificial intelligence …
Lawyers who represent injured workers in South Dakota are preparing for a proposal from the insurance industry that would limit their ability to pursue legal claims against insurance companies that are intentionally dishonest. Insurance industry representatives were scheduled to present …
City Colleges of Chicago will pay $60,000 to settle a federal discrimination lawsuit filed by the U.S. Equal Employment Opportunity (EEOC), the federal agency announced. In its lawsuit, the EEOC charged that Harold Washington College, part of the City Colleges …
A catastrophic blaze at a London apartment tower has brought new scrutiny to a long-accepted, counterintuitive rule for people in tall buildings: If the blaze breaks out elsewhere in the structure, don’t automatically run for the stairs. Stay put and …
