InsurLab Germany, a digital hub for the insurance and reinsurance industry, has been launched in Cologne to promote digital innovation in the industry. There are eight founding insurance companies: AXA, Barmenia, Debeka, Gen Re, Gothaer, LVM, Provinzial Rheinland and R+V. …
Wu Xiaohui, the chairman of Anbang Insurance Group Co. Ltd., is free to travel, a spokesman for the Chinese insurer said on Friday, denying a report that Wu had been prevented from leaving China. The Financial Times reported that Wu …
Consumer Specialties Insurance Company (CSI), a risk retention group serving the specialty consumer products industry, has added a crisis management/cyber risk endorsement to its commercial general liability policy. The endorsement – which provides a sublimit of $25,000 for crisis management, …
A Florida man has been arrested for allegedly operating a shell construction company for the sole purposes of selling the company’s workers’ compensation certificate, according to a statement from Chief Financial Officer Jeff Atwater. Leon “Chuy” Jimenez, owner of Chuy …
It’s generally acknowledged that talking on a cell phone impedes driving ability. But new research from the University of Iowa is showing how even a simple conversation can affect the brain’s ability to focus on the roadway. UI researchers used …
Nineteen lawmakers are testing their luck at the Supreme Court, asking the justices to take up a case on whether military reservists’ unfair dismissal claims can be forced into arbitration by their civilian bosses. Because the case involves veterans’ rights, …
The Third U.S. Circuit Court of Appeals in Philadelphia upheld a lower court’s dismissal last year of more than 300 product liability suits against drug maker Pfizer over its antidepressant Zoloft. The lawsuits alleged that Zoloft was responsible for birth …
The parents of a 3-year-old boy killed by a falling tree limb while playing at a South Carolina park are getting $3.6 million to settle a lawsuit. Jacoby Latta was playing during a church picnic at Irmo Community Park in …
Federal authorities say that a 56-year-old Fairmont woman has pleaded guilty to fraud, admitting she participated in a staged vehicle accident, faked injuries and filed a false insurance claim. Prosecutors say Robin Stoneking’s false insurance claim in 2013 in Marion …
A boat exploded at a dock on the North Carolina coast, injuring three, after the boaters accidentally pumped 28 gallons of gasoline into a fishing rod holder instead of the fuel tank. The three people hospitalized are the boat’s owner, …
