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19 04, 2021

Colorado Woman with Dementia Arrested Over Petty Theft Sues

By | April 19th, 2021|Uncategorized|Comments Off on Colorado Woman with Dementia Arrested Over Petty Theft Sues

A 73-year-old woman with dementia is suing a Colorado city and members of its police department after she suffered a dislocated shoulder and bruises last year while being arrested after leaving a store without paying for about $14 worth of …

20 04, 2021

Price Forbes Aviation Launches Digital General Aviation Facility

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Price Forbes announced the launch of a digital general aviation facility that will quote and bind risks with a leading Lloyd’s syndicate within minutes. The development within Price Forbes’ proprietary EDGE platform will improve speed of service and placement for …

19 04, 2021

New Jersey Governor Proposes New Gun Control, Safety Measures

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New Jersey would mandate safety courses in order to get a gun permit, require lockboxes for out-of-use firearms and change state law to hold firearm makers liable for harm stemming from gun use, among other changes proposed in the dozen …

20 04, 2021

Lemonade Warming Up to Enter Car Insurance Market

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Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet, and life insurance offerings in the U.S. The insurtech announced it is readying what it calls Lemonade Car …

19 04, 2021

Liberty University Sues Jerry Falwell Jr., Seeking Millions in Damages

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Liberty University has filed a civil lawsuit against its former leader, Jerry Falwell Jr., seeking tens of millions in damages after the two parted ways acrimoniously last year. The complaint, filed Thursday in Lynchburg Circuit Court, alleges Falwell crafted a …

20 04, 2021

Broker Howden Launches Retail Operation in Switzerland, with Aon’s Jenny as CEO

By | April 20th, 2021|Uncategorized|Comments Off on Broker Howden Launches Retail Operation in Switzerland, with Aon’s Jenny as CEO

Howden, the London-based insurance broker, announced that it has appointed Felix Jenny to lead its new retail operation in Switzerland. Howden Switzerland will form an important part of Howden’s European business, delivering local market expertise to the group’s multinational client …

19 04, 2021

Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox

By | April 19th, 2021|Uncategorized|Comments Off on Cyber Attacks on the Rise for Businesses, Pushing Many to the Brink: Hiscox

The proportion of businesses targeted by cyber criminals in the past year increased from 38% to 43%, with over a quarter of those targeted (28%) experiencing five attacks or more, according to the Hiscox Cyber Readiness Report 2021. Those attacks …

20 04, 2021

UK Car Insurance Premiums Drop to Lowest Level Since 2015: WTW Survey

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The cost of a comprehensive car insurance policy in Britain slumped 14% in the first quarter of 2021, to their lowest level since 2015, as different phases of lockdowns in the country kept motorists off the streets, a survey showed. …

16 04, 2021

Connecticut Reminds Insurers to Avoid Discriminatory Practices with Big Data

By | April 16th, 2021|Uncategorized|Comments Off on Connecticut Reminds Insurers to Avoid Discriminatory Practices with Big Data

Connecticut Insurance Department (CID) Commissioner Andrew N. Mais issued a formal notice to insurers licensed by the department that their use of technology and big data must be in full compliance with federal and state anti-discrimination laws. The notice, issued …

19 04, 2021

Transportation Insurer Lancer to Merge Into Core Specialty

By | April 19th, 2021|Uncategorized|Comments Off on Transportation Insurer Lancer to Merge Into Core Specialty

Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate under its own brand name as Core Specialty’s ninth specialty property/casualty business unit. The deal marks Core Specialty’s first merger …