Archive for March 2017

By Andrew G. Simpson President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally withdraw from that landmark climate accord. Trump … Read More Read more here:: Insurance Journal       

By L.S. Howard Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product. Floods in Europe, the U.S. and China, earthquakes … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Driverless vehicles operated by Uber Technologies Inc. were back on the road in San Francisco on Monday after one of its self-driving cars crashed in Arizona, the ride-hailing company said. Uber’s autonomous vehicles in Arizona and Pittsburgh, Pennsylvania, remained grounded … Read More Read more here:: Insurance Journal       

By Don Jergler A group of New Mexico property owners has sued Winona County over its ban on industrial mining of silica sand for use in hydraulic fracturing. The Southeast Minnesota Property Owners joined Saratoga Township resident Roger Dabelstein in filing the lawsuit … Read More Read more here:: Insurance Journal       

By Don Jergler Montana lawmakers have tabled a proposal seeking to dismantle and privatize the state’s massive workers’ compensation system, saying the matter is too daunting to take up in the waning days of the legislative session. Instead, a Senate Committee decided to … Read More Read more here:: Insurance Journal       

By Don Jergler John F. Sullivan Jr. had a passion for insurance, doing business and sailing. Jack Sullivan died on March 19 at age 83 after a long career in insurance. Jack was born Oct. 7, 1933 in Spokane, Wash. to John F. … Read More Read more here:: Insurance Journal       

By Don Jergler A California mother and son were sentenced for auto insurance fraud. Henrietta Silva, 71, and her son, Peter Silva, 42, were sentenced in the San Diego Superior Court after submitting multiple fraudulent auto insurance claims. Henrietta Silva was sentenced to … Read More Read more here:: Insurance Journal       

By Don Jergler EPIC Insurance Brokers & Consultants has acquired the Capacity Group of Companies in Mahwah, N.J. Terms of the deal were not disclosed. As part of EPIC, the firm will now operate as The Capacity Group – an EPIC Company, and … Read More Read more here:: Insurance Journal       

By L.S. Howard Approximately 32 percent of existing UK jobs in financial services and insurance could be automated by robotics and artificial intelligence (AI) over the next 15 years, according to a new study by PricewaterhouseCoopers. And other industries are even more at … Read More Read more here:: Insurance Journal