Industry News

Best's Reviews

Broker Goji Partners With HSCM Bermuda During $15 Million Investment Round

Nov 17, 2017 Broker Goji looks to expand through a partnership formed with Hudson Structured Capital Management Ltd. during a $15 million investment...

Lloyd’s Performance Management Director: We’re Working With Syndicates to Encourage ILS

Nov 17, 2017 Jon Hancock, performance management director, Lloyd’s, said the market is working with regulators to help make London home...

FSOC Should Focus on Systemic Risks, Provide SIFI Off-ramp, Report Says

Nov 17, 2017 In a clear win for the insurance industry, the U.S. Treasury Department recommends the Financial Stability Oversight Council reduce...

RMS Vice President: Data Privacy Rules Could Constrain Modelers’ Abilities

Nov 17, 2017 Paul Burgess, vice president, RMS, said developing laws in Asia and elsewhere could hamper insurers’ abilities to share and use data that...

Business Insurance

Employer safety citation vacated on lack of proof

Nov 17, 2017 An administrative law judge of the U.S. Occupational Safety and Health Review Commission has vacated a serious...

Insurance Journal

Tesla Debuts 500-Mile Electric Heavy Duty Truck

Nov 17, 2017 Tesla Inc. upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said...

Texas Surplus Lines Premium Up 6% for the Year

Nov 17, 2017 Texas has recorded $4.6 billion in surplus lines premium through the end of October 2017, a 6 percent increase over 2016, according to the Surplus Lines Stamping Office of...

Louisiana Business, Industry Group Names LUBA Workers’ Comp Company of the Year

Nov 17, 2017 LUBA Workers’ Comp, a regional casualty insurance company, was named Company of the Year in the 100 employees or less category of the...

Minnesota Commerce Commissioner Rothman to Run for State Attorney General

Nov 17, 2017 Minnesota Commerce Commissioner Mike Rothman announced that he is leaving his post to run a campaign for state attorney general. In a statement, Rothman...

Property Casualty 360

AT&T deploys 'Flying COW' drone for cell service in Puerto Rico

Nov 17, 2017 AT&T Inc. has deployed a drone to act as a 'cell tower in the sky' to help provide communication services...

Trump $44 billion disaster request puts off Puerto Rico demands

Nov 17, 2017 The White House asked Congress for $44 billion in hurricane aid, including funds designated for Texas and Florida, while most...

Jury sides with J&J in first trial linking talc product to mesothelioma

Nov 17, 2017 A California jury has sided with Johnson & Johnson in the first trial over whether its iconic baby powder...

Post traumatic stress disorder — suffering in silence

Nov 17, 2017 Will a season of catastrophes and shootings increase the risk for insurers and victims?

Claims Journal

Investigators Say Texas Chemical Plant Unprepared for Hurricane Harvey

Nov 17, 2017 Federal investigators said Wednesday they’ve seen no signs that a Houston-area chemical plant that flooded and partially exploded during Hurricane...

Survey: Policyholders Want Digital Tools, Omni-Channel Experience From Workers’ Comp Insurers

Nov 17, 2017 Technology is changing how small business owners interact with their insurance carriers, according to a new study from EMPLOYERS, a...

California Considers Limiting Liability of Self-Driving Carmakers

Nov 17, 2017 California regulators are embracing a General Motors recommendation that would help makers of self-driving cars avoid paying for accidents and other trouble, raising...

Court to Decide Who Created Game of Life

Nov 17, 2017 Who will win The Game of Life? Testimony is scheduled to begin Thursday in federal court in Los Angeles in a lawsuit over who owns the rights to one of the most popular board games of all...