Archive for September 2016

By Andrew G. Simpson Overall, home insurers are performing better in customer satisfaction as they compete more on improving the customer experience than on price. However, there is one up-and-coming affluent consumer group — the Gen Y generation or those ages 22 to 39— … Read More Read more here:: Insurance Journal       

New Jersey’s Homeland Security Preparedness Office is asking officials to tell it when there are special events in their towns. The request comes after a pipe bomb exploded before the start of a charity race in Seaside Park on Saturday. … Read More Read more here:: Insurance Journal       

The Board of Directors of the John Hancock Life Insurance Company has elected Linda A. Watters as a director at its recent board meeting. John Hancock is the Boston, Mass., headquartered U.S. division of Manulife Financial of Toronto. Watters has served … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Officials from 21 U.S. states on Tuesday filed a lawsuit claiming an Obama administration rule to extend mandatory overtime pay to more than 4 million workers will place a heavy burden on state budgets. Hours after the states announced their … Read More Read more here:: Insurance Journal       

A wildfire burning for nearly two months on California’s scenic Big Sur coast has surpassed $200 million in firefighting costs, becoming the costliest to fight in U.S. history, according to data released this week. The fire has cost $206.7 million … Read More Read more here:: Insurance Journal       

Google says three of its self-driving vehicles were involved in crashes in the Phoenix, Ariz. metro area in August. The California-based company says its drivers were manually controlling the vehicles during two of the accidents, but the third was operating … Read More Read more here:: Insurance Journal       

Allianz Global Corporate & Specialty has named Dennis Mah winery team lead for North America. Mah is based in Sacramento, Calif., and he will report to Karen Walter, West zone farm and ranch lead. Mah will be responsible for developing … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup’s debut and initial venture funding announcement. The New York-based company, which its founders promise will reinvent the insurance business model and make insurance a … Read More Read more here:: Insurance Journal       

Willis Towers Watson has named Charles Shay leader in financial and executive risk in North America’s West region. The financial and executive risk practice delivers tailored risk management and risk transfer solutions to help companies protect executives and key assets. … Read More Read more here:: Insurance Journal