Archive for April 2016

The mayors of four cities in upstate New York have joined an effort to allow Uber to expand outside of New York City. Mayors in Ithaca, Utica, Rome and Hornell on Thursday endorsed a proposal before the state Legislature which … Read More Read more here:: Insurance Journal       

Willis Towers Watson, has launched a next generation version of Mercury, its credit risk placement platform which offers clients the ability to bind credit insurance policies themselves over an online portal. Originally developed in the 1990s, the concept was moved … Read More Read more here:: Insurance Journal       

Donegal Group Inc. reported net income of $11.8 million for the first quarter of 2016, a 73 percent increase over $6.9 million for the first quarter of 2015. The Marietta, Pennsylvania-based insurer said net premiums written for the 2016 first … Read More Read more here:: Insurance Journal       

Falvey Yacht Insurance, a North Kingstown, Rhode Island-based managing general underwriter specializing in yacht insurance, has hired Laura Sherrod and Craig McGinnes to join the firm’s group of yacht underwriting experts. Sherrod will be senior vice president and McGinnes will … Read More Read more here:: Insurance Journal       

United Insurance Holdings Corp. (UPC Insurance), a property/casualty insurance holding company based in St. Petersburg, Florida, announced that it received formal approval from the New York State Department of Financial Services (NYDFS) to acquire Interboro Insurance Company. UPC Insurance first … Read More Read more here:: Insurance Journal       

As the California Department of Insurance stages hearings on proposed regulations designed to give more money to auto body repair shops, a handful of property/casualty insurance trade associations are voicing their opposition to the proposals. The groups are: The American … Read More Read more here:: Insurance Journal       

The Independent Insurance Agents & Brokers of America (Big “I”) has awarded Bill Wilson with the Jeff Yates Lifetime Achievement Award, the highest honor the association bestows on a non-agent, for a lifetime of work in the independent agency system. … Read More Read more here:: Insurance Journal       

A growing network of cameras trained on the mountains around Lake Tahoe is changing the way crews fight Western wildfires by allowing early detection that triggers quicker, cheaper, more tactical suppression than traditional war-like operations, experts said this week. The … Read More Read more here:: Insurance Journal       

Nearly one out of every three (32 percent) opioid prescriptions, which are subsidized by America’s employers, is being abused, according to a report by a healthcare data and technology company. San Francisco-based Castlight Health Inc. released a first-of-its-kind study featuring … Read More Read more here:: Insurance Journal