Tesla Insists Driver to Blame for Fatal Crash; Family Hires Lawyer April 12, 2018 By Keith Naughton and Dana Hull Tesla Inc. again placed blame for a fatal crash involving a Model X last month on the driver as the...
EU Regulators Urge Insurers, Banks to Take ‘Timely Action’ to Avoid Brexit Disruption April 12, 2018 By Huw Jones European Union regulators urged banks, investors and customers on Thursday to take “timely action” to avoid disruption to cross-border derivatives...
Judge Sets Schedule for Opioid Lawsuits Against Drug Companies April 12, 2018 By Nate Raymond A federal judge pushing for a settlement in lawsuits seeking to hold drug companies responsible for their roles in the...
Everest Re Expects Q1 Catastrophe Losses of $100M on Rising California Wildfire Claims April 12, 2018 Everest Re Group Ltd. estimates it will incur $100 million of catastrophe losses, net of reinsurance recoverables and reinstatement premiums,...
Marsh Subsidiary Jelf to Acquire Scottish Insurance Broker Clark Thomson April 12, 2018 Jelf, a consultant that specializes in insurance, risk management and employee benefits, announced it has reached an agreement to acquire...
North Carolina Regulators Say Chemours Lied About Chemical Discharge ‘For Years’ April 12, 2018 By Emery P. Dalesio North Carolina should tackle an emerging problem of water and air pollution from little-studied industrial chemicals by beefing up the...
Florida’s Citizens Approves Changes to Managed Repair Program to Stem AOB Abuse April 12, 2018 By Amy O'Connor Citizens Property Insurance Corp. has approved a slate of policy language changes designed to protect consumers while addressing rising costs...
Specialty Insurance Group Launches Online Coverage Portal for Special Events April 11, 2018 Specialty Insurance Group (SIG), a unit of Everest Insurance and a member of the Everest Re Group companies, has released...
Insurance Wholesaler Socius Insurance Services Opens Dallas Branch April 11, 2018 Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, has opened a branch in Dallas — its first...
A.M. Best Upgrades Ratings of Nodak Insurance Group, NI Holdings April 11, 2018 A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength...