June 26, 2024
Washington Insurance Commissioner Mike Kreidler is asking insurers to extend the additional living expenses benefit for wildfire victims who are nearing their 12-month limit on that coverage. Many policies that include additional living expenses coverage, which provides funds to pay …
June 25, 2024
Florida-based King Insurance Partners hired new team members at its Manchester, New Hampshire location. Kathy Kelley, commercial lines manager, has been in the insurance industry for over 25 years in the Manchester area, previously serving as partner at Richard E …
June 25, 2024
This edition of International People Moves details appointments at Sompo International and Howden Broking. A summary of these new hires follows here. Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance Sompo, the Bermuda-based provider of commercial and …
June 25, 2024
The National Transportation Safety Board opened a meeting Tuesday to determine the probable cause of a February 2023 Norfolk Southern NSC.N train derailment in East Palestine, Ohio and is making sweeping recommendations to boost rail safety. The derailment forced residents …
June 25, 2024
DALLAS (AP) — Federal officials are investigating a Southwest Airlines jet that triggered a low-altitude alert as it prepared to land in Oklahoma City but was still nine miles from the airport. The Federal Aviation Administration said Thursday that an …
June 25, 2024
Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model. The model uses daily data to predict US hurricane seasonal activity, representing a significant advancement in …
June 25, 2024
Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals …
June 25, 2024
Jimbo Floyd, head of Turner Wood and Smith Insurance in Gainesville, Georgia, has been sworn in as president of the Independent Insurance Agents of Georgia. Floyd has previously served as IIAG’s chairman of the board, vice president, secretary-treasurer and chair …
June 25, 2024
A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime group has demanded an extortion …
June 25, 2024
Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank Ltd.’s general insurance unit. The Swiss firm is pursuing …