Insurance Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions..

Property/casualty price increases grow

POSTED: Thu, 22 Aug 2019 16:16:00

Pricing increases for accounts of all sizes increased an average of 5.2%, compared with an average of 3.5% in first-quarter 2019 and 2.4% in fourth-quarter 2018, according to results from The Council of Insurance Agents & Brokers’ second-quarter 2019 commercial p... Read Article

Injured Uber driver not covered for auto accident on return trip

POSTED: Thu, 22 Aug 2019 13:31:00

An Uber driver is not entitled to insurance coverage for injuries suffered in an accident that occurred after she dropped off a passenger, says a federal appeals court in affirming a lower court ruling.... Read Article

Dental insurance organization on tooth fairy reward

POSTED: Thu, 22 Aug 2019 12:49:00

On Tooth Fairy Day Thursday, one might ponder in these current times: How much should she put under the pillow?... Read Article

Bayer faces obstacles to settling Roundup lawsuits

POSTED: Thu, 22 Aug 2019 12:49:00

(Reuters) — Bayer AG is in mediation to potentially settle thousands of U.S. lawsuits claiming that the company’s Roundup weed killer causes cancer, but some legal experts say the cases raises novel questions that may prevent an easy settlement.... Read Article

Construction firm must pay penalties following electrocution death

POSTED: Thu, 22 Aug 2019 12:27:00

A construction company must pay $25,000 in fines for safety violations that led lead to the death of a worker, an administrative law judge of the Occupational Safety and Health Review Commission held.... Read Article

Chinese insurer joins blockchain consortium

POSTED: Thu, 22 Aug 2019 11:36:00

China Pacific Insurance Group Co. Ltd. has joined insurance industry blockchain consortium B3i Services AG, the Zurich-based technology group said in a statement Thursday.... Read Article

Claims data points to high-end electric car risks: Axa

POSTED: Thu, 22 Aug 2019 09:55:00

(Reuters) — Electric luxury cars and sport utility vehicles may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer Axa said.... Read Article

Ryan Specialty adding program manager for hotels

POSTED: Thu, 22 Aug 2019 09:03:00

Ryan Specialty Group LLC has agreed to acquire West Chester, Pennsylvania-based The Suitelife, a program manager specializing in boutique and full-service hotels and resorts, from Venture Insurance Programs.... Read Article

Generali to boost presence in Commonwealth states

POSTED: Thu, 22 Aug 2019 06:15:00

Giorgio Callegari, chief executive of Generali Russia & CIS, said that the insurer plans to boost its presence in Russia and other Commonwealth of Independent States in the forthcoming years.... Read Article

Arrest of senior executives rocks Iran’s automotive industry

POSTED: Thu, 22 Aug 2019 06:15:00

Iran has reportedly arrested senior executives of the country's top two automakers – Saipa and Iran Khodro Co. – over alleged irregularities and corruption.... Read Article

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