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Massachusetts’ Commonwealth Automobile Reinsurers (CAR), the state’s industry-operated residual market and statistical agent for auto insurance, announced that Insurance Commissioner Daniel Judson has approved the CAR Governing Committee’s appointment of Natalie Hubley as the organization’s new president. Hubley has been …

The article Hubley Approved as President of Mass. Commonwealth Automobile Reinsurers appeared first on Insurance Journal.

Xuber, Xchanging’s insurance software business, has published a survey, which concludes that almost three-quarters (71 percent) of insurance executives believe a UK exit from the European Union would be bad for business in the London insurance market. According to the …

The article Xuber Survey Finds London Insurance Execs Fear ‘Brexit’ appeared first on Insurance Journal.

Two of three Orange County, Calif. schools closed last year after asbestos was found will reopen for classes at the start of the new school year. The Los Angeles Times reported that Hope View and Oak View elementary schools in …

The article 2 Southern California Schools Closed over Asbestos Will Reopen appeared first on Insurance Journal.

Zurich Insurance Group AG has arranged 5.5 billion pounds ($8.4 billion) in financing for the takeover of smaller rival RSA Insurance Group plc, according to people with knowledge of the plan, signaling the Swiss insurer is getting closer to proceeding with a formal offer. Zurich …

The article Zurich to Arrange $8.4 Billion in Financing for Takeover of UK’s RSA: Sources appeared first on Insurance Journal.

A State Farm executive is coming under fire from activists for his position on the board of what some consider to be a “climate denier” group. Sierra Club, a progressive investor group and other activist organizations have been waging an aggressive …

The article Sierra Club Dragging State Farm into Climate Change Battle appeared first on Insurance Journal.

Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was aviation claims manager. She has over 30 years’ experience across all classes of …

The article Castel Underwriting Agencies Appoints Powell as 1st Claims Manager appeared first on Insurance Journal.

Two taxi companies in Rhode Island have asked a judge to stop ride-hailing company Uber from doing business in the state. The Providence Journal reports Orange Cab of Newport and Airport Taxi of Warwick filed a lawsuit this month seeking …

The article Taxi Companies File Suit to Stop Uber Service in Rhode Island appeared first on Insurance Journal.

Japan’s Mitsui Sumitomo Insurance Co. is in talks to buy Lloyd’s of London insurer Amlin Plc in a deal that could be announced as soon as Tuesday, according to a person with knowledge of the matter. The acquisition could cost …

The article Japan’s Mitsui Sumitomo Preparing to Buy Amlin: Report appeared first on Insurance Journal.

In addition to offering auto insurance savings to its insureds, the Allstate Insurance mobile telematics app known as Drivewise now allows drivers to earn safe driving points they can spend on merchandise, gift cards and local merchant offers. Any driver …

The article Allstate’s Drivewise Telematics App Adds Shopping Rewards, Challenges appeared first on Insurance Journal.

A judge in West Virginia has approved the distribution of more than $15 million in insurance funds to the families of three workers killed in a plant explosion. The Weirton Daily Times reports that the families plan to dismiss wrongful …

The article West Virginia Explosion Victims’ Families to Receive $15 Million Insurance Settlement appeared first on Insurance Journal.