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Michigan Seeks Comment on Proposed Health Insurance Rate Changes
State insurance regulators are seeking public comment on requested health insurance policy rate changes. The Department of Insurance and Financial Services said that insurers’ proposed changes for individual rates in 2017 range from about 39 percent to about 6.7 percent. …
Friend or Foe? Texas Open-Carry Law a Challenge for Police
Gun-rights activists, some of them wearing camouflage and military-style gear and openly toting rifles and handguns, marched alongside the hundreds of people who flocked to downtown Dallas last week to protest police shootings of blacks. Their presence was part of …
Many Buggy Accidents in Indiana Caused by Distracted Driving
Two recent crashes on the same road in Indiana’s Elkhart County highlight the dangers of distracted driving accidents involving motor vehicles and horse-drawn buggies. On May 29, a 17-year-old girl who rear-ended a buggy carrying an Amish couple and their …
Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products
Munich Re has partnered with insurtech startup Slice Labs Inc. as Slice prepares to launch its first on-demand, per-use insurance product. Slice and Munich Re said they have agreed to an ongoing roll-out of products and territories with Slice supplying …
Markel International Enters Marine Equipment Market with Senior Execs Appointed
Markel International, the specialist insurer, has appointed Andy Lane, senior underwriter, in its newly created marine equipment business, part of its marine, energy and property division. Lane joins David Stallard, underwriter, who started his role earlier in the year. With …
AIG’s Alexandru Joins Aspen to Head New U.S. Crisis Management Line with Product Recall
Aspen Insurance announced the appointment of Nicky Alexandru as head of U.S. Crisis Management. Alexandru will develop a U.S. product contamination/recall capability, which will be a new Crisis Management line of business for Aspen in the U.S. He joins Aspen …
BHSI Launches A&E Professional Liability Policy with Cyber Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First architects & engineers (A&E) professional liability insurance in the U.S. The new policy’s cyber coverage addresses media, technology and network security and privacy liability exposures, including the design professional’s own costs …
CoreLogic Estimates Total Damage from Texas Spring Hail Storms at Nearly $700M
According to new data released by CoreLogic, the 2016 hail season is already one of the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail storm damage. Estimated losses from hail events this year …
Florida Uber Driver Arrested for Refusing Ride to Blind Man, Service Dog
An Uber driver in Florida was arrested after deputies say he refused to transport a group of blind people and their service dogs. According to news outlets, citing an arrest report, 60-year-old Simon Pierre Andre Nau was picking up Robert …
Philadelphia Obtains $5M Police Liability Insurance for Democratic Convention
In the wake of protests in various cities and the police shootings in Dallas, the city of Philadelphia has purchased a law enforcement liability policy in case it or its police officers are sued over their performance of their duties …