Archive for March 2017

Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report published by Fitch Ratings. “The question of who … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson A lawyer for Uber told a federal judge on Thursday he intended to file a petition to compel arbitration in the Waymo trade secrets theft case, citing an agreement signed by a former Waymo employee who is at the heart … Read More Read more here:: Insurance Journal       

By L.S. Howard The hijacking of a fuel tanker off Somalia’s coast shows the threat still posed by pirates to one of the world’s busiest shipping lanes, a risk that may also hamper the Horn of African country’s efforts to explore for offshore … Read More Read more here:: Insurance Journal       

By Don Jergler The Big Brothers Big Sisters of Utah organization has been sued by a man who claims the group did not do enough to stop a former mentor from sexually abusing him when he was a boy over a period lasting … Read More Read more here:: Insurance Journal       

By Don Jergler A gas pump burst into flames after being struck by a vehicle in service for Uber in Seattle, Wash. The result was a fiery explosion that was caught on surveillance video. KOMO reported the crash involved an Uber driver carrying … Read More Read more here:: Insurance Journal       

By djohnson An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses, insurers and their agents need to understand and protect against these threats, according to experts at a recent American Bar Association insurance … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield Concerns about falling temperatures and icy conditions on roads and sidewalks across the Northeast followed a late-season storm that plastered the region with sleet and snow. Tuesday’s powerful nor’easter paralyzed much of the Washington-to-Boston corridor, but fell short of the … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Achieving fair recovery for business interruption losses is often one of the most challenging aspects of resolving commercial property insurance claims. This is especially true for hoteliers and others types of hospitality companies where the amount of income loss can … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Workers’ compensation Texas Mutual Insurance Co. has launched a free workplace safety training tool for policyholders called e-Learning. e-Learning gives business owners access to a library of more than 200 modern, video-based training courses on a variety of workplace safety … Read More Read more here:: Insurance Journal