Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying, “It may do the wrong thing at the worst time, so you must always keep your hands on the wheel …
Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced by catastrophe modelers AIR Worldwide, CoreLogic and Karen …
Federal officials in San Antonio say a pair of construction-related companies have agreed to pay $70,000 to settle a sexual harassment and retaliation lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) alleged that a female employee was repeatedly subjected to …
A Chicago scrap shredder with a history of pollution problems has agreed to pay an $18,000 fine and make improvements intended to prevent explosions and stop metallic pollution from drifting into nearby neighborhoods. General Iron Industries agreed to the settlement …
Georgia’s highest court on Monday found that a lower court was wrong to grant immunity from prosecution to three sheriff’s deputies facing murder charges in a stun gun death dating to July 2017. The three white Washington County deputies – …
Gordon Amini, general counsel of the Oklahoma Insurance Department, will retire at the end of the year. During his 43-year career as corporate legal and regulatory counsel, Amini was a member of the Oklahoma Bar Association and admitted to practice …
A Howell, Michigan, insurance agent has been charged with embezzlement and conducting a criminal enterprise, among other felonies, according to state Attorney General Dana Nessel. Alicia Holbrook-Bloink is accused of taking more than $375,000 of her clients’ money between 2015 …
Cincinnati Financial Corp.’s London-based global specialty underwriting subsidiary, Cincinnati Global Underwriting Ltd., will begin writing two new lines of business: contingency and specie. Contingency insurance covers film and entertainment risks, such as: insuring film and TV production for their props, …
RSA said it is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up deal that values the British firm at 7.1 billion pounds ($9.3 billion). RSA said its board would be …
California Insurance Commissioner Ricardo Lara on Thursday announced a mandatory one-year moratorium on insurance companies non-renewing or cancelling residential property insurance policies, a move he says is aimed at helping 2.1 million policyholders affected to date by the record 2020 …