6 days 1 hour ago
Tesla Inc.’s safety regulators in Europe are joining an expanding global effort to more closely scrutinize the door handle design popularized by the world’s leading electric vehicle manufacturer. The Dutch authority RDW, which inspects and approves Tesla’s vehicles for sale …
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6 days 2 hours ago
Italy’s government coalition has reached an agreement over a complex scheme that would see banks and insurers contributing about €11 billion ($12.8 billion) to its budget over three years. The contribution affecting the financial and insurance sector would be worth …
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6 days 2 hours ago
Vienna Insurance Group (VIG) said late on Thursday that it will acquire all shares of German insurer Nuernberger Beteiligungs AG for 1.38 billion euros ($1.61 billion) in cash. VIG will offer Nuernberger shareholders 120 euros per share, the insurer said …
6 days 4 hours ago
To tell the public what it spends on insurance—an amount largely effected by what it calls legal system abuse—Uber has started to provide information on customers’ receipts. “To give you a sense of how bad the problem has gotten in …
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6 days 4 hours ago
Insurance broker Howden US has appointed Joe Clark as president and Dale Krupowicz as head of operations for its private risk solutions business in the U.S. Clark and Krupowicz will lead the development of Howden’s U.S. private client operations – …
6 days 4 hours ago
A Chinese container ship has completed a pioneering journey through the Arctic to a UK port, state-run news agency Xinhua reported, cutting in half the usual transit time for the electric vehicles and solar panels aboard destined for Europe. The …
6 days 4 hours ago
Two former professional football players, a country music artist and a college athletics administrator have put their names, images and likenesses behind a new, concierge insurance program for high net-worth individuals, athletes, entertainers and businesses. “There were times during my …
6 days 4 hours ago
Many U.S. homeowners are missing important insurance protections, offering opportunities for agents to educate insureds on increasingly essential coverages. A new survey commissioned by The Hanover Insurance Group found many homeowners are exposed to growing risks, such as lawsuits, cybercrime …
Jahna Jacobson
6 days 4 hours ago
Stand Insurance has raised $35 million in a Series B funding round to expand its artificial intelligence-powered coverage for homeowners. The company targets insurance markets deemed risky, with policies covering properties valued at a total of $1 billion in wildfire-prone …
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6 days 4 hours ago
A coalition of 15 U.S. state governors representing more than a third of the country’s population has launched a new bipartisan alliance on Wednesday, aimed at improving public health coordination and emergency preparedness. The Governors Public Health Alliance will serve …
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6 days 4 hours ago
A healthcare company has settled with California Attorney General Rob Bonta for $40 million over information Bonta said was misleading consumers. Bonta announced a settlement with HealthNet LLC, Health Net of California Inc., California Health and Wellness Plan and Health …
6 days 4 hours ago
National broker ALKEME Insurance reports it has acquired Gorges & Company, Inc., a full-service agency based in Timonium, Maryland. Founded in 1937, Gorges & Co. provides a full suite of insurance offerings, including employee benefits, business and personal property/casualty, nonprofit …
6 days 4 hours ago
A 2020 Granite State law removing the statute of limitations for sexual abuse claims is not retroactive, the New Hampshire Supreme Court has ruled. The state’s high court found that applying the 2020 law retroactively violates the state’s constitution which …
Andrew G. Simpson
6 days 15 hours ago
Los Angeles County officials voted this week to declare a state of emergency that gives them power to provide assistance for residents they say have suffered financially from ongoing federal immigration raids. The move allows the L.A. County Board of …
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6 days 16 hours ago
Plymouth Rock Names Foxx Chief of Agency Marketing for Mass. and NH Plymouth Rock Assurance, headquartered in Boston, Massachusetts, appointed James Foxx as chief of agency marketing for Massachusetts and New Hampshire within the company’s independent agency group. Foxx oversees …
6 days 16 hours ago
The Texas Department of Insurance recently published an informal draft of rules that would implement a new law requiring all personal auto and residential property insurance policies to include a binding appraisal provision. The draft outlines appraisal timelines, appraiser and …
Ezra Amacher
6 days 17 hours ago
Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, down from 5% during Q3 2024. John Doyle, president and CEO, described the Q3 …
6 days 17 hours ago
As many as 22 states face the risk for severe thunderstorms, hail and damaging wind gusts over the next several days, meteorologists say. A front over the Central/Southern Rockies is expected to move northeastward, producing showers and thunderstorms over parts …
6 days 17 hours ago
Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once again calling for a reauthorization. The National Association of Mutual Insurance Companies (NAMIC) on Oct. 16 issued a statement directed …
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6 days 18 hours ago
Top Republicans in the Texas Legislature have announced the creation of committees tasked with “getting to the bottom of” the July flooding that killed more than 130 people, including 25 young girls and two teenage counselors at Camp Mystic. Lt. …
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