Zurich and insurtech managing general underwriter Vindati have launched a new stand-alone Motor Truck Cargo (MTC) program now available to for hire common and contract truckers. Written through an exclusive agreement between Zurich and Vindati, the coverage insures against the …
Performance in the U.S. personal auto insurance market continues to run favorably in 2019, on par with underwriting profits achieved in 2018, according to Fitch Ratings. However segment results for the industry are likely unsustainable going forward based on shifting …
Hundreds of Houston homeowners near U.S. Army Corps of Engineers-managed reservoirs may receive compensation for flooding of their properties during 2017’s Hurricane Harvey, a federal judge ruled on Tuesday. The U.S. Army Corps of Engineers (ACE), which managed two dams …
Liberty Mutual Insurance said it will drastically limit future underwriting for and investment in coal risks, an apparent response to environmentalists pushing for greener investment strategies among corporations. To support this change, the insurer has also appointed its first-ever chief …
Predictive data and analytics firm Jupiter has received a $1 million grant from the Moore Foundation to accelerate deployment of its FireScore Operations service, a wildfire threat and intelligence platform to make it available for public safety entities throughout California. …
Cheyenne Regional Medical Center in Wyoming has added security measures and is informing people whose personal information was exposed due to a data breach earlier this year, hospital officials said. The breach was discovered in April but is being publicly …
A group of California congressional members have proposed tighter safety standards for small boats after a diving charter vessel burned and sank in September, killing 34 people. Only five people – the captain and four crew members – managed to …
Officials announced that no data was held for ransom and that a recovery operation is getting underway after a cyberattack a day earlier triggered a shutdown of city government computers in New Orleans. Chief Information Officer Kim LaGrue, speaking at …
USI Insurance Services (USI) has acquired the Omaha, Nebraska-based benefits, retirement and risk management advisory firm, Marcotte Insurance Agency Inc. Terms of the transaction were not disclosed. Founded in 1927, Marcotte is a premier, multi-line insurance agency that has been …
Agriculture producers in some Louisiana parishes now may be eligible for assistance from the federal government due to losses from Hurricane Barry, the state’s agriculture commissioner reported. Louisiana Agriculture and Forestry Commissioner Mike Strain, D.V.M., said the U.S. Department of …