Archive for March 2017

By Andrew G. Simpson Volkswagen AG said Thursday it has agreed to settle environmental claims from 10 U.S. states over its excess diesel emissions for $157.45 million as the world’s largest automaker looks to move past the scandal. The German automaker settlement covers states … Read More Read more here:: Insurance Journal       

By Don Jergler Alaska Gov. Bill Walker is sponsoring workers’ compensation legislation aimed at making it easier to determine whether someone is an employee or an independent contractor. Walker’s bill creates a new definition for independent contractors to determine if employers have to … Read More Read more here:: Insurance Journal       

By Don Jergler A crash that caused an Uber self-driving SUV to flip onto its side in a Phoenix suburb serves as a stark reminder of the challenges surrounding autonomous vehicles in Arizona, a state that has gone all-in to entice the company … Read More Read more here:: Insurance Journal       

By Don Jergler A Southern California girl who was struck by a car on her way to school may receive $15.9 million for her medical expenses. The Orange County Register reported that 11-year-old Paulina Perez was hit by the car two years ago … Read More Read more here:: Insurance Journal       

By Don Jergler RightSure Insurance Group has acquired Prescott Valley, Ariz.-based Chaparral Insurance Agency. This represents RightSure’s 12th book of business acquisition. With this acquisition, Chaparral customers will have access to RightSure’s call center and its team. Tucson, Ariz.-based RightSure is an independent … Read More Read more here:: Insurance Journal       

By L.S. Howard Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications. In a nutshell, Britain would have to … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones A crude oil spill in western North Dakota in December is now believed to be about three times bigger than originally estimated, pipeline owner True Companies said, making it the largest crude leak to affect water in the state in … Read More Read more here:: Insurance Journal       

By Don Jergler The Colorado State Patrol is cracking down on drivers in the state’s rural areas who are caught behind the wheel without a seat belt. The Denver Post reported the increased enforcement in rural Colorado started Monday and ends Saturday. Colorado Department … Read More Read more here:: Insurance Journal       

Massachusetts Mutual Life Insurance Company (MassMutual) has completed the integration of its existing broker-dealer, MML Investors Services LLC, and MSI Financial Services Inc., the broker-dealer acquired as part of MassMutual’s July 2016 acquisition of the MetLife Premier Client Group. FINRA … Read More Read more here:: Insurance Journal