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 …
A 27-year-old Connecticut man has been arrested on charges of setting fire to a building that housed a mental health treatment facility where he lived, police said. Firefighters and police officers were dispatched to a building in Clinton on Tuesday …
Authorities were investigating a helicopter crash in northeastern Pennsylvania, the Federal Aviation Administration said. The wreckage of a Robinson R44 copter was found in a remote area of Wyoming after the agency had issued an alert about a missing aircraft, …
DETROIT —The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them. The Alliance for Automotive Innovation says its members support the …
LONDON — Optio Group, a specialty managing general agency, said it has acquired nuclear risk specialist Northcourt for an undisclosed sum. Launched in 2010, Northcourt is an MGA licensed to underwrite nuclear property and liability risks globally, with clients across …