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08, 2016
New Audi Cars to Tell Drivers in U.S. When Traffic Lights Will Change
German carmaker Audi is rolling out technology that will allow its vehicles in the United States to communicate with traffic signals, allowing for a more stress-free ride in what it says is the car industry’s first commercial use of the …
16
08, 2016
Report Questions Texas Regulators’ Handling of Flood-Related Oil ‘Mess’
Internal emails show Texas energy regulators describing a “mess” of leaking crude oil heading downstream near Houston following heavy storms in May, raising new questions about how the state has handled flood-related spills visible in aerial photographs, a newspaper reported …
16
08, 2016
Florida-Based UPC Insurance Appoints St. John as Chief Claims Officer
United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, appointed Scott St. John as its chief claims officer effective August 22, 2016. St. John will be responsible for directing and leading all aspects of the company’s …
16
08, 2016
Palomar Specialty Launches New Earthquake Product in Missouri
Palomar Specialty Insurance Co. has launched a new residential earthquake insurance product called Flex Choice for residents of Missouri. Flex Choice allows consumers to customize their residential earthquake coverage to meet their specific needs through a variety of coverage alternatives …
16
08, 2016
Security First Insurance in Florida Forms Regulatory Compliance Department
Security First Insurance Company has expanded and added new positions to its Ormond Beach, Fla.-based headquarters. According to Werner Kruck, chief operating officer, the company has formed a new Regulatory Compliance Department that will report to Melissa Burt-DeVriese, chief administrative …
16
08, 2016
Tennessee Town Urges Caution After 2 Fires Caused by Oily Rags
An east Tennessee community is urging the proper storage and disposal of oil-soaked rags following the fourth fire involving spontaneous combustion in the past four years. The city of Oak Ridge says in a news release that the Fraternal Order …
16
08, 2016
Zurich Extends Security, Privacy Coverage to Captives
Zurich Insurance has expanded its cyber insurance product to companies and their captives to protect against risks associated with data security breaches including cyber-related breaches. Zurich’s Security and Privacy Protection policy is now available to companies and their captives to …
16
08, 2016
Further Simplifying, AIG to Sell United Guaranty to Arch for $3.4 Billion
American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders. The deal is valued …
16
08, 2016
BHSI & Tego to Provide Medical Indemnity Cover for Doctors in Australia
Berkshire Hathaway Specialty Insurance Co. (BHSI) and Tego Insurance announced they have entered into an exclusive underwriting agreement to provide medical indemnity insurance to medical practitioners in Australia. “We are delighted to work with Tego to bring BHSI’s medical indemnity …
16
08, 2016
RFIB Launches Transaction Solutions Division, Names Wilson as Division Head
RFIB Group Ltd., the international Lloyd’s insurance and reinsurance broker, has launched a Transaction Solutions business with the appointment of James Wilson to lead the division. Reporting to Paul Chilton, chief operating officer, Wilson brings over 12 years’ experience in …