San Francisco voters rejected a ballot measure to limit short-term rentals to 75 days a year and require hosting companies such as Airbnb to yank listings that violate the limit. Voters also re-elected Mayor Ed Lee while rejecting the Airbnb …
Authorities charged a 35-year-old black St. Louis man with arson for two of the seven church fires in a predominantly African-American part of the St. Louis region, and federal investigators said there is no evidence of a hate crime. David Lopez …
Florida Insurance Commissioner Kevin M. McCarty has ordered the National Council on Compensation Insurance (NCCI) to lower workers’ compensation rates for Florida employers by 5.1 percent. The Order signed Nov. 3 is a disapproval of the proposed 1.9 percent decrease …
Jardine Lloyd Thompson Group Plc lowered its expectations for 2015 profit after government pension changes hurt the insurance broker’s U.K. employee benefits business and the stronger pound cut income from overseas. Shares fell to the lowest since March 5. JLT …
Slow claim handling, the use of unapproved rates and a failure to provide required compliant disclosures top the list of market conduct actions taken against U.S. property and casualty insurers in 2014, according to Wolters Kluwer Financial Services. Wolters Kluwer …
Cross Insurance, an independent agency based in Bangor, Maine, has promoted Gary Heaslip to the position of president for Cross Insurance Inc. – Rhode Island, located in East Providence, Rhode Island. In his new role, Heaslip will be responsible for …
Leavitt Central Coast Insurance Services has hired Jennifer Spiller as a commercial insurance agent in Salinas, Calif. Spiller specializes in insurance for the golf, hospitality and restaurant industries. Spiller worked as a strategic account executive prior to joining Leavitt. Leavitt …
DUAL Commercial LLC has named Melissa Schoning to its environmental team as a senior underwriter. Schoning will be working out of Lakewood, Colo. Schoning has more than 12 years of insurance experience in environmental insurance, and six years of environmental …
Moody’s Investor Service today said that a break-up of American International Group (AIG) and removal of its systemically important financial institution (SIFI) designation as called for by activist investors would have a negative effect on the insurer’s debt. Splitting the …
Three small earthquakes rattled parts of central Arizona, jolting people in cities 160 miles apart, including parts of the Phoenix area. There were no immediate reports of injury or major damage. The U.S. Geological Survey said a magnitude 4.1 temblor …