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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
