Neil Woodford cashed in his entire 107.5 million-pound ($166 million) stake in Amlin Plc after Tuesday’s takeover offer by a Japanese competitor sent the Lloyd’s of London insurer’s shares to a record high. The fund manager sold 16.4 million Amlin …
The article Woodford Investment Mgmt Cashes in Amlin Stake After Record Takeover Offer appeared first on Insurance Journal.
A King County Superior Court judge is considering which claims can be brought in a civil trial that will explore whether anyone should be held responsible for the deadly Oso, Wash. mudslide. The Daily Herald reported that Judge Roger Rogoff …
The article Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide appeared first on Insurance Journal.
QBE North America said that it has named former Fireman’s Fund executive Kathleen O. Zortman as president, Standard Lines, for property/casualty insurance. Zortman will have responsibility for QBE North America’s commercial, personal, program and agriculture businesses. Zortman has been an …
The article QBE North America Names Fireman’s Fund’s Zortman as President, Standard Lines appeared first on Insurance Journal.
Pennsylvania Insurance Commissioner Teresa Miller is advising consumers that the Pennsylvania Insurance Department is available to help homeowners adhere to reasonable requests by insurers to make their properties safer and avoid possible cancellation or non-renewal of their homeowners’ coverage. Miller …
The article Penn. Advises Homeowners to Reduce Property Hazards, Avoid Coverage Loss appeared first on Insurance Journal.
The day during the Atlantic hurricane season when a tropical storm or worse is most likely to be swirling around the basin may come and go with a whimper. The best the Atlantic probably will come up with by Thursday, …
The article Hurricane Season’s Peak: Gone with the Wind Shear appeared first on Insurance Journal.
Uber Technologies Inc. has hired two top vehicle security researchers, the company said on Friday, high-profile additions that come as the ride-hailing service ramps up its work on technology for self-driving cars. Charlie Miller, who had been working at Twitter …
The article Uber Plans for Driverless Cars, Hires Hacking and Robotics Experts appeared first on Insurance Journal.
Tropical Storm Erika, which killed at least 20 people on the small Caribbean island of Dominica, broke up in the waters off Cuba, the U.S. National Hurricane Center said on Saturday. All tropical storm warnings and watches have been dropped …
The article Tropical Storm Erika Fades Before Florida After 20 Deaths in Caribbean Island appeared first on Insurance Journal.
Uber has lost another legal round in the dispute over whether its drivers are independent contractors or employees, an issue that threatens the core of the ride-hailing company’s business model. The California Employment Development Department (EDD) determined that a former …
The article California Employment Department Rules Former Uber Driver Was Employee appeared first on Insurance Journal.
Texas Insurance Commissioner David Mattax announced two key executive positions on his staff today. Doug Slape will become deputy commissioner for financial regulation, and Kevin Brady was named deputy commissioner for agency affairs. Slape replaces Danny Saenz, who is retiring …
The article Slape, Brady Named Deputy Commissioners at Texas DOI appeared first on Insurance Journal.
The nation’s doctors say the proposed mergers among four of the nation’s largest health insurance companies would violate federal antitrust guidelines and seriously erode health insurance competition. According to new special analyses of commercial health insurance markets issued today by …
The article Pending Mergers Will Harm Health Insurance Competition: AMA appeared first on Insurance Journal.