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BHSI Launches Cyber Liability Cover in Australia; Osgood to Lead Product Line
Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing on the mid-to-large-tier market segment and will tailor solutions for …
Massachusetts Lawmakers Negotiating Ridesharing Bill Compromise
Massachusetts House and Senate negotiators are set to begin hammering out a final version of a bill aimed at regulating ride-hailing services like Uber and Lyft. A six-member conference committee was scheduled to begin negotiations this week. The bills would …
Town Rejects $11 Million Settlement Offer from Sandy Hook Parents
The town of Newtown, Connecticut has rejected an offer from two Sandy Hook parents to settle a lawsuit over the 2012 school shooting that claimed the lives of 26 students and faculty. The Hartford Courant reported that a deadline passed …
Washington Judge Hears Challenge to Law Enabling Uber, Lyft to Unionize
A U.S. judge on Tuesday wrestled with whether a lawsuit could proceed against the city of Seattle, Wash. over a local law which allows Uber and Lyft drivers to unionize. The litigation is unfolding amid a national debate over what …
Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report
The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the use of …
Judge Tells Washington Woman to Repay $25K in Workers’ Comp Scam
A Washington woman injured in a robbery at her workplace pleaded guilty this week to felony theft. Yurizan Cuevas, 33, of Federal Way, reportedly worked full time as a nanny while claiming she was too disabled to work Cuevas was …
Pennsylvania Jury Clears NASCAR, Pocono Raceway in Lightning Death
A jury has ruled that a Pennsylvania racetrack didn’t cause harm to a man killed by lightning minutes after an August 2012 NASCAR race was stopped. The Pocono Record reported that the jury ruled in favor of Pocono Raceway and …
5,400 Oregon Patients Notified of Records Breech
Providence Health & Services in Oregon is notifying about 5,400 current and former patients that a former employee may have improperly accessed their patient records. Providence said in a statement that it learned of the breech in May during an …
Motor Insurers Need to Adapt to Ward Off Competition from Car Manufacturers
As internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition from car manufacturers. Insurers have struggled for years to make a profit from motor insurance due to intense competition …
Maine’s Clark Insurance Adds 4 Employees
Maine’s Clark Insurance has added four employees in its Portland office. Nicholas Jobin of Westbook has been hired as an associate Aacount manager in the Business Insurance Services Department. Jobin is a graduate of St. Joseph’s College of Maine. Dana …