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08, 2016
Pokemon Go Triggers Trespass Class Action Suit Against Niantic
A New Jersey resident with a pocket monster in his backyard may be the first to sue Niantic Inc. and Nintendo Co. for unleashing Pokemon Go across the U.S., claiming that players are coming to his home uninvited in their …
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07, 2016
Texas Regulators: Houston Attorney Pleads Guilty to Insurance Fraud
Texas officials say a Houston attorney has pleaded guilty at the conclusion of a multi-year investigation into a criminal organization that set up fake auto accidents and medical bills. Investigators with the Texas Department of Insurance, the Texas Department of …
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08, 2016
10 Arrested in North Carolina Staged Auto Accident Ring
Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI). Investigators allege the accused staged seven separate vehicle crashes between …
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07, 2016
Beazley Expands Event Cancellation Coverage for Political Violence, Terrorism Incidents
Beazley, a provider of event cancellation insurance, has expanded its terrorism and political violence event cancellation insurance for the sports, entertainment and leisure industries in the U.S. to include riots, civil commotion, strikes, the threat of a terrorist act and …
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08, 2016
CNA Reports Q2 Results with Improved P/C Underwriting
CNA Financial Corp. reported second quarter 2016 net income of $209 million and net operating income of $201 million. “Overall I am pleased with the result this quarter. Although our International segment had a disappointing quarter, all of our North …
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07, 2016
BHSI Offers Cyber Liability Cover in New Zealand; Marshall to Lead Product Line
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has introduced cyber liability insurance in New Zealand and appointed Ian Marshall to lead the product line locally as senior underwriter, Executive & Professional Lines. BHSI’s new cyber liability policy covers …
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08, 2016
New York AG Charges Engineering Firm with Doctoring Sandy Claims Reports
New York authorities charged a Long Island engineering firm and one of its former executives with forging damage reports for homes swamped by Hurricane Sandy, altering the documents in such a way that owners’ flood insurance claims were eventually denied. …
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07, 2016
Canada’s Economical Insurance Names Saunders as President & CEO
Economical Insurance, headquartered in Waterloo, Ontario, has named Rowan Saunders as president and CEO, effective Nov. 1, 2016. This follows the announcement on Feb. 19, 2016, that current president and CEO, Karen Gavan, will retire from the company and the …
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08, 2016
New York City Pays $2.7M in Autistic Teen’s Death
New York City has agreed to pay $2.7 million to settle a wrongful death lawsuit filed by the mother of a 14-year-old autistic boy who was found dead after leaving his school in Queens. The Daily News reported the settlement. …
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07, 2016
Telematics Data Provides ‘Compelling’ Defense Evidence in UK Liability Trial
Telematics data was successfully used to defend a driver in a liability trial in England, according to Insure The Box Ltd., a telematics-based car insurer. The strength of the telematics data prove the policyholder’s case, in contrast to the third …