Property /casualty insurance executives believe that predictive modeling has become an essential or very important driver of improved performance over the past six years and they are broadening their use of the application into new areas of operation, according to …
The fire that destroyed most of a large apartment complex in northern New Jersey last month has prompted talk of legislation to toughen building codes, an effort that would butt up against long-established building practices like the use of lightweight …
The American Civil Liberties Union of Rhode Island has settled a lawsuit with the state Division of Motor Vehicles over how it’s putting in place a database designed to identify uninsured drivers. The ACLU says the database established by a …
Barry Sternlicht’s Starwood Capital Group agreed to sell New York’s luxury Baccarat Hotel to an affiliate of China’s Sunshine Insurance Group. The 114-room property on Manhattan’s West 53rd Street is scheduled to open next month, Starwood said in a statement …
Under pressure from state lawmakers, the Texas Department of Public Safety will stop collecting electronic images of an applicant’s 10 fingerprints before issuing a driver’s license. DPS said it still plans to comply with a 2005 state law requiring the …
New York State Department of Financial Services (DFS) today released a report on cybersecurity in the New York insurance industry and announced a series of measures that DFS will take to help strengthen cyber hacking defenses at insurers. DFS announced …
The Michigan Supreme Court wants to hear more about a dispute over public access to the records of an insurance fund that pays for tragic injuries in car crashes. The state appeals court says records of the Michigan Catastrophic Claims …
Workplace fatalities have been rising in Ohio, and federal officials cite lack of attention to safe work practices and training and the existence of younger and newer manufacturing and construction workforces. There had been an estimated 17 fatal workplace accidents …
Independent insurance broker, Lockton, announced it has added Patrick Georgia as senior vice president and employee benefits practice leader in Milwaukee, Wis. As part of Lockton-Milwaukee, Georgia will help clients by developing benefit programs to meet their needs and manage …
A major insurer who had the financially shaky Oklahoma Jazz Hall of Fame on the hook for around $11,200 a couple weeks ago after the museum failed to pay its workers’ compensation premium on time now says the debt’s been …
