Cedar Rapids, Iowa-based property/casualty insurer, United Fire Group Inc. (UFG), has appointed Brian Frese as chief technology officer. He brings more than 17 years of experience to UFG, including operational leadership and new technology implementation in the financial services industry. Frese …
Some officials in Minot, N.D., are proposing that the city rewrites its flood-related regulations in an effort to ease any future hikes in flood insurance premiums for residents. The Minot Daily News reports the city’s Planning Commission is recommending the …
Karen Clark & Company (KCC) has released a new US earthquake Reference Model as part of the RiskInsight open loss modeling platform. The earthquake model is based on the latest 2014 US Geological Survey (USGS) report incorporating updated seismicity assumptions …
The majority of Indiana companies that responded to a survey tied to the state’s growing woes with prescription medication abuse say their businesses are being affected by workplace abuse or misuse of those drugs, according to findings released on Dec. …
Risk management and insurance services firm, Schauer Group Inc., based in Canton, Ohio, has opened a new office in the Cleveland area. The opening of the new Broadview Heights office strategically expands the company’s service footprint to accommodate growth in …
Uber plans to bring ridesharing to either side of Lake Tahoe before the end of the year. A recent agreement with Nevada allowed the company to launch simultaneously on the California and Nevada sides of Lake Tahoe, the Reno Gazette-Journal …
Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories of Ford Motor Co. and …
British insurers could have to pay out up to £250 million ($377 million) in claims to owners of homes and businesses, industry specialists said on Monday, after the northwest of England suffered once-in-a-century floods for the second time in 10 …
Sino-Ocean Land Holdings Ltd. said Anbang Insurance Group Co. purchased about a fifth of the Chinese developer’s shares from members of Nan Fung Group Holdings Ltd. for HK$7.8 billion ($1 billion). Members of closely held Nan Fung, based in Hong …
Chipotle said Friday that an outbreak of E. coli linked to its restaurants sent sales plummeting by as much as 22 percent in recent weeks and that it could no longer reasonably estimate sales for next year. The Denver-based chain …