December 19, 2016
Florida’s workers’ compensation rate increase of 14.5 percent will remain in effect while a Florida appeals court reviews a legal challenge to the state’s recent ratemaking process. The First District Court of Appeals granted an extension to the stay issued …
December 19, 2016
Light freezing rain caused hundreds of wrecks in central North Carolina along icy roads, leading to two fatal wrecks in Charlotte. Police and emergency workers reported more than 100 crashes overnight Saturday in both Raleigh and Charlotte as the drizzle …
December 19, 2016
Confie has acquired Mesa, Ariz.-based Oasis Insurance. Terms of the deal weren’t disclosed. Oasis Insurance is a provider of non-standard auto insurance. It operates from 21 offices located in Phoenix, Tucson, Mesa, Gilbert, Chandler, Avondale, Surprise, El Mirage and St. …
December 19, 2016
California Attorney General Kamala Harris has told Uber Technologies Inc. to pull its self-driving cars from San Francisco’s streets or it will seek a court order forcing it do so, saying the ride-hailing company needs a permit under autonomous vehicle …
December 19, 2016
QBE Insurance Group Ltd. announced the appointment of Pat Regan as CEO, Australian & New Zealand Operations, effective March 1, 2017. Regan has been acting in this role since August 2016, in addition to his responsibilities as group chief financial …
December 19, 2016
QBE North America has appointed Kris L. Hill as chief financial officer. Hill will assume her new role effective January 17, 2017, and also serve as a member of the QBE North America Executive Management Board. She will be based …
December 19, 2016
JLT Re said it has acquired StoneHill Reinsurance Partners, a reinsurance intermediary specializing in medical professional liability. StoneHill, which is based in Minneapolis, will form part of JLT Re (North America). Terms of the deal were not disclosed. StoneHill was …
December 19, 2016
Taxpayers will fork over nearly $10 billion more next year to cover double-digit premium hikes for subsidized health insurance under President Barack Obama’s law, according to a study released Thursday. The analysis from the Center for Health and Economy comes …
December 19, 2016
London-based Newline Insurance Co. Ltd., a subsidiary of Odyssey Re Holdings, announced it has received regulatory approval to establish a new branch office in Cologne, Germany. Led by Manuel Wirtz, who was appointed general representative in October, this new office …
December 19, 2016
Vermont transportation officials have decided to pursue a more detailed environmental study of a proposed $40 million rail tunnel project in Middlebury, which could delay construction by at least a year. The project calls for replacing two aging bridges in …