Florida now has legislation backed by the top Florida insurance regulator and the industry that promises to curtail homeowners insurance abuse under the assignment of benefits (AOB) feature. Senate Bill 1038, filed Feb. 17 by State Sen. Dorothy Hukill and …
American International Group Inc.’s directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm’s turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. Fifteen directors are …
San Diego, Calif.-based Cavignac & Associates has named Stephen Watson a junior account executive. Watson’s area of focus will be on professional liability. Watson previously was employed as assistant manager of Walmart in State College, Pa., where he lead, trained …
Marsh has unveiled a new excess medical professional liability (MPL) policy form that combines industry favorable MPL terms and conditions into a single excess policy to be used by commercial insurers. Developed by Marsh’s US Casualty and HealthCare Practices in …
Guided by cameras and radars, and negotiating traffic and roundabouts, a self-driving Nissan car took to the streets of London on Monday for the Japanese company’s first European tests of an autonomous vehicle. Traveling at up to 50 miles (80 …
A Marion, Ohio, man who was injured on the job as an emergency medical technician in 2010 recently pleaded guilty to workers’ compensation fraud after investigators discovered him working as a high school bowling coach, the Ohio Bureau of Workers’ …
An Oklahoma pipeline company says it will reimburse north-central Iowa agencies for expenses they incurred while responding to a diesel pipeline spill near Hanlontown last month. The Mason City Globe Gazette reports that Magellan Midstream Partners is making the offer. …
Alliant Insurance Services, headquartered in Newport Beach, Calif., has added Tom Hood to its energy and marine group in New Orleans. As first vice president, Hood will provide targeted insurance, risk management and finance solutions to a growing portfolio of …
Authorities on Sunday identified the man who allegedly plowed into a crowd enjoying a Mardi Gras parade in New Orleans while intoxicated. The New Orleans Police Department issued a statement identifying the man as 25-year-old Neilson Rizzuto. Online jail records …
Even though Berkshire Hathaway’s GEICO chalked up an underwriting loss in the fourth-quarter 2016, with full-year profit coming in basically even with 2015, the company is poised to take advantage of competitor fears, according to the company’s earnings release and …
