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06, 2016
Selective Insurance Enhances Personal Watercraft Coverage
Selective Insurance Company of America, a subsidiary of Selective Insurance Group, Inc., has launched new insurance coverage for personal watercraft and watercraft equipment, including discounts and options for enhancements. Selective’s expanded watercraft coverage offers the foundational liability, medical payments and …
23
06, 2016
Jury Backs Led Zeppelin in ‘Stairway to Heaven’ Copyright Trial
Led Zeppelin won’t have to share royalties from one of rock-and-roll’s masterpieces after a jury found guitarist Jimmy Page and singer Robert Plant didn’t steal the opening chords of “Stairway to Heaven” from an obscure 1968 instrumental. Thursday’s verdict followed …
22
06, 2016
B&H Risk Services Adds Abbate in Houston
B&H Risk Services has hired Kate Abbate to focus on business development in Houston and San Antonio. Experienced in insurance underwriting and brokering, Abbate joined B&H Risk Services from Burns & Wilcox. Abbate is based in Houston. Source: B&H Risk Services
22
06, 2016
Wisconsin Commissioner Approved for IAIS Leadership Role
Wisconsin Insurance Commissioner Ted Nickel was approved as a member of the Executive Committee of the International Association of Insurance Supervisors (IAIS). Tennessee Insurance Commissioner Julie Mix McPeak was elected vice-chair of the Executive Committee. Texas Insurance Commissioner David Mattax …
22
06, 2016
McGhee Elected President of Arkansas Independent Agents Insurance Group
Bill McGhee, of McGhee Insurance Inc., in Little Rock, Ark., has been elected president of the Independent Insurance Agents of Arkansas. McGhee previously served on the IIAA executive committee and board of directors. Other elected officers include: President-Elect Mike Luttrell …
22
06, 2016
UK’s Insurance Act May Lead to More Intense Rate Competition: Fitch Wire
A new U.K. law, designed to make it harder for insurers to dispute commercial insurance claims, could lead to more intense price competition and slimmer margins for the sector, according to Fitch Ratings. The Insurance Act, due to take effect …
22
06, 2016
Energi of Canada Offers P/C Energy Programs in West & Atlantic Canada
Energi of Canada has launched property & casualty programs for energy business in parts of Western and Atlantic Canada. The new energy programs provide risk management solutions and insurance offerings for energy related risks in the following segments: Fuel distribution …
22
06, 2016
Financial Watchdogs Caution on Risks of Marketplace Lending
Hedge funds, banks and insurance companies have recently jumped into “marketplace lending,” drawing the attention of U.S. regulators, who said on Tuesday they are concerned that borrowing by consumers and small businesses through online platforms may pose risks to U.S. …
22
06, 2016
Uber Supports Having New Jersey AG Decide Driver Background Checks
Ride-hailing company Uber says it supports allowing New Jersey’s attorney general to decide what type of background checks its drivers should have to use. Company spokesman Matt Wing told The Associated Press that the San Francisco-based company supports an amended …
22
06, 2016
Pittsburgh Newscaster Sues Station Over Firing for Facebook Comments
A Pittsburgh newscaster fired after her comments in a Facebook post about a shooting were deemed racially insensitive sued her former employer on Monday, saying the television station let her go because she is white. Wendy Bell said her federal …