June 12, 2017
Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full approval from all regulators and commenced operations last month. Asta-backed Arma is an approved Lloyd’s coverholder that writes multi-line re/insurance …
June 12, 2017
A bidder pledged $2.68 million to a San Francisco charity in exchange for a lunch date with billionaire investor Warren Buffett. The winner of the online auction that concluded Friday on eBay Inc.’s website chose to remain anonymous. The final …
June 12, 2017
Swiss Re Corporate Solutions announced it has opened an office in Manchester, UK, in order to grow its regional commercial insurance portfolio. The operation will serve large and upper mid-sized companies through national broking partners with focus on primary property, …
June 12, 2017
Big automakers are rushing to launch self-driving cars as early as 2021, but the industry’s major players are moving slowly when it comes to widespread deployment of a less expensive crash prevention technology that regulators say could prevent thousands of …
June 12, 2017
Caps on how much money patients injured by a doctor’s mistakes can receive were declared unconstitutional by the Florida Supreme Court on Thursday, a decision that strikes down one of former Gov. Jeb Bush’s major policy victories. The court ruled …
June 12, 2017
Adequacy of income benefits is one of the long-standing concerns about the performance of workers’ compensation systems. However, there is little known about whether income benefits (also called wage-loss or indemnity benefits) provide adequate financial support for injured workers. According …
June 12, 2017
A Miami insurance agent accused of stealing insurance premium payments from a client and providing fake insurance documents has been arrested, according to a statement from Chief Financial Officer Jeff Atwater and Miami-Dade State Attorney Katherine Fernandez Rundle. Diomari Diaz …
June 12, 2017
A federal judge has upheld a jury’s $1.5 million award to a North Carolina fire investigator who said she was fired after complaining about the safety of construction work at an office building. The Charlotte Observer reports that the June …
June 9, 2017
A Texas attorney been released on $20,000 bond after being indicted on charges of organized criminal activity, legal misconduct, and insurance fraud related to hail claims, the Texas Department of Insurance announced. A Tarrant County grand jury on June 5 …
June 9, 2017
A Colorado pot farm’s neighbor can sue them for smells and other nuisances that could harm their property values, a federal appeals court ruled. The 10th U.S. Circuit Court of Appeals ruling revives a lawsuit between a Colorado horse farm …