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14 08, 2015

Luxury Car Hacking Risk Widespread; Evidence Suppressed: Researchers

By | August 14th, 2015|Recent Articles|Comments Off on Luxury Car Hacking Risk Widespread; Evidence Suppressed: Researchers

Thousands of cars from a host of manufacturers have spent years at risk of electronic car- hacking, according to expert research that Volkswagen has spent two years trying to suppress in the courts. “Keyless” car theft, which sees hackers target vulnerabilities in electronic locks and immobilizers, …

The article Luxury Car Hacking Risk Widespread; Evidence Suppressed: Researchers appeared first on Insurance Journal.

12 08, 2015

Best Affirms and Withdraws Ratings of PaCRe Ltd.

By | August 12th, 2015|Recent Articles|Comments Off on Best Affirms and Withdraws Ratings of PaCRe Ltd.

A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Bermuda-based PaCRe, Ltd., and has removed the ratings from under review with negative implications and assigned a negative outlook. Best said …

The article Best Affirms and Withdraws Ratings of PaCRe Ltd. appeared first on Insurance Journal.

14 08, 2015

U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash

By | August 14th, 2015|Recent Articles|Comments Off on U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash

Federal safety officials who reviewed a highway crash in New Jersey that badly injured comedian Tracy Morgan and killed a friend were sharply critical of the emergency response to it and are urging the state to establish minimum standards, but …

The article U.S. Safety Board Criticizes Emergency Response in Tracy Morgan Crash appeared first on Insurance Journal.

13 08, 2015

Health, Wealth, Technology Drive Graying of America’s Roadways

By | August 13th, 2015|Recent Articles|Comments Off on Health, Wealth, Technology Drive Graying of America’s Roadways

Richard Emmons, 83, likes to spend his weekends cruising around in a 1995 Jaguar convertible with a big 12-cylinder engine. His weekday drive is either a 2009 Volkswagen Eos or the $82,000 Audi A8 sedan he bought in November. After all, this …

The article Health, Wealth, Technology Drive Graying of America’s Roadways appeared first on Insurance Journal.

18 08, 2015

Small Earthquake Jolts Northern California

By | August 18th, 2015|Recent Articles|Comments Off on Small Earthquake Jolts Northern California

A short sharp earthquake rattled California’s San Francisco Bay Area, but there are no reports of injuries. The U.S. Geological Survey said the 4.0 magnitude quake struck Monday and was centered just north of Piedmont, near Berkeley. It was felt in …

The article Small Earthquake Jolts Northern California appeared first on Insurance Journal.

11 08, 2015

J.M. Wilson Adds Schell as Transportation Underwriter

By | August 11th, 2015|Recent Articles|Comments Off on J.M. Wilson Adds Schell as Transportation Underwriter

Managing general agency and surplus lines broker J.M. Wilson has hired Sarah Schell in its Arlington Heights, Illinois, office as transportation underwriter. Schell will quote new and renewal commercial transportation risks, and work with independent insurance agents in the states of …

The article J.M. Wilson Adds Schell as Transportation Underwriter appeared first on Insurance Journal.

19 08, 2015

Maine Highlights New State Law to Protect Rideshare Drivers, Passengers

By | August 19th, 2015|Recent Articles|Comments Off on Maine Highlights New State Law to Protect Rideshare Drivers, Passengers

Maine Insurance Superintendent Eric Cioppa is highlighting a new Maine law, the Transportation Network Company Insurance Act, emphasizing that it will help to protect passengers, pedestrians and other motorists from losses in accidents involving Transportation Network Company (TNC) drivers. The …

The article Maine Highlights New State Law to Protect Rideshare Drivers, Passengers appeared first on Insurance Journal.

13 08, 2015

Risk Manager Fired by Nevada City Files Discrimination Complaint

By | August 13th, 2015|Recent Articles|Comments Off on Risk Manager Fired by Nevada City Files Discrimination Complaint

Former risk manager Jack Campbell has filed a federal age and race discrimination complaint against the city of Reno. The Reno Gazette-Journal reported that the existence of the complaint filed in June and a previous investigation into issues concerning Campbell …

The article Risk Manager Fired by Nevada City Files Discrimination Complaint appeared first on Insurance Journal.

17 08, 2015

Texas Oil Field Chemical Supplier Rocked by Explosions

By | August 17th, 2015|Recent Articles|Comments Off on Texas Oil Field Chemical Supplier Rocked by Explosions

A series of explosions rocked an oil field chemical supply company north of Houston on Aug. 14, setting off a fire that sent a broad, dense column of thick, black smoke towering into the otherwise blue skies. DrillChem said no …

The article Texas Oil Field Chemical Supplier Rocked by Explosions appeared first on Insurance Journal.

12 08, 2015

Wells Fargo Considers Selling Crop Insurance Unit

By | August 12th, 2015|Recent Articles|Comments Off on Wells Fargo Considers Selling Crop Insurance Unit

Wells Fargo & Co may divest its crop insurance business, one of the biggest in the United States, a spokeswoman told Reuters on Tuesday, as regulatory restrictions on U.S. banks force some to reconsider underwriting insurance policies. Wells Fargo has …

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