Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in 2020, according to the state insurance department. The Louisiana Department of Insurance reported that insurance companies now …
China published draft rules on Thursday to ensure the security of data generated by connected vehicles, as the proliferation of smart cars such as Teslas, fuels concerns about privacy and national security. Last month, U.S. electric car maker Tesla Inc. …
The Texas House gave approval on April 28 to a bill that would expand the state’s medical cannabis program to include those with chronic pain, all cancer patients and Texans suffering from PTSD. House Bill 1535, by Rep. Stephanie Klick, …
A proposed multi-billion pound British class action against Google, which alleges the internet giant secretly tracked millions of iPhone users, is not viable and should not be allowed to proceed, the Supreme Court was told on Wednesday. Antony White, a …
While the intent may be good, a bill currently under consideration by the Florida Legislature will be disastrous for the state’s auto insurance market. The specific legislation being weighed by lawmakers is CS/SB 54. This bill proposes to eliminate personal …
Chubb reported sizable net income of $2.30 billion in the first quarter of 2021 versus $252 million for the prior year’s first quarter as the global insurer’s commercial property/casualty businesses continued to capitalize on favorable underwriting conditions with double-digit premium …
Demolition of a cargo ship that overturned on the Georgia coast reached the halfway mark Monday as a towering crane lifted the vessel’s engine room section away from the rest of the shipwreck for removal by barge. The South Korean …
Mike Weaver, who served as Alabama Insurance Commissioner under Gov. Guy Hunt from 1988 to 1993, passed away Sunday after an extended illness. He was 70. Weaver was a longtime resident of Randolph County, a graduate of Randolph County High …
DUAL Transactional Risk Hires Marchica as Vice President for New York Team DUAL Transactional Risk, the newest underwriting team at DUAL North America, has hired Megan Marchica as vice president for its New York-based team. In this role, Marchica will …
An Atlanta-area sheriff who’s no stranger to controversy is accused of violating the civil rights of several people in his agency’s custody by ordering that they be unnecessarily strapped into a restraint chair and left there for hours, according to …