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GEICO Launches End-to-End Ridesharing Coverage in Texas
GEICO has unveiled a new auto insurance product in Texas for drivers of on-demand transportation network companies (TNC) like Uber, Lyft, Sidecar that covers both personal and ridesharing needs. GEICO Senior Vice President Robert Miller said the coverage can meet …
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Lawrence, Kansas Mulling Stricter Fire Codes for Pet Businesses
Lawrence, Kan., officials are considering tougher fire codes at pet businesses after a fire last month at a pet store and an earlier blaze at a boarding business killed several animals. A proposal that commissioners have received would require pet …
The article Lawrence, Kansas Mulling Stricter Fire Codes for Pet Businesses appeared first on Insurance Journal.
Insurers Unprepared for Self-Driving Car Disruption: KPMG
The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare for the disruption. Many insurer executives …
The article Insurers Unprepared for Self-Driving Car Disruption: KPMG appeared first on Insurance Journal.
Mobile App Data Flaw Leaves ‘Billions’ of Records at Risk: Security Researchers
Security researchers have uncovered a flaw in the way thousands of popular mobile applications store data online, leaving users’ personal information, including passwords, addresses, door codes and location data, vulnerable to hackers. The team of German researchers found 56 million …
The article Mobile App Data Flaw Leaves ‘Billions’ of Records at Risk: Security Researchers appeared first on Insurance Journal.
Zurich Insurance Plans Insurance Apprenticeship Program in U.S.
Zurich Insurance Group plans to establish an apprenticeship program in the U.S. to help attract and train young people for careers in the insurance industry. Zurich said it is committed to putting into practice a program modeled after Switzerland’s national …
The article Zurich Insurance Plans Insurance Apprenticeship Program in U.S. appeared first on Insurance Journal.
Stahlka Agency Acquires Prahovic Agency in New York
Stahlka Agency Inc., an independent insurance agency with offices in Williamsville and Orchard Park, New York, today announced its acquisition of the Prahovic Agency in Lake View, New York. Terms of the transaction were not disclosed. The Prahovic Agency has …
The article Stahlka Agency Acquires Prahovic Agency in New York appeared first on Insurance Journal.
Car Thieves Now Targeting Vehicles for Parts
While car thefts are declining across the country, stealing car parts and accessories is proving to be a lucrative business for professional thieves. According to the National Insurance Crime Bureau (NICB), organized crime rings are targeting newer vehicles parked in …
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Federal Government Sues Florida Ambulance Service over $28M in False Claims
The federal government is suing a Jacksonville ambulance service over alleged false billing and other schemes. The Florida Times-Union reports that the company is accused of submitting false claims to federally subsidized health-care programs. The government alleges a 10-year kickback …
The article Federal Government Sues Florida Ambulance Service over $28M in False Claims appeared first on Insurance Journal.
No Clear Rescue Plan If Supreme Court Ends Obamacare Subsidies
Millions of Americans could lose their insurance if the U.S. Supreme Court rules against President Barack Obama on his healthcare law. And with the decision due in the next two weeks, the government has no backup plan. The court will …
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Arthur J. Gallagher to Acquire William Gallagher Associates in Boston
Arthur J. Gallagher & Co. announced today that it has signed a definitive agreement to acquire substantially all the assets of William Gallagher Associates Insurance Brokers Inc. (WGA), headquartered in Boston, Massachusetts, which has annualized revenues of approximately $50 million. …
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