Archive for June 2017

By Andrew G. Simpson House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is a good amount of bipartisan agreement that something should be done and even on what to do. The House Financial Services … Read More Read more here:: Insurance Journal       

By Don Jergler San Francisco supervisors approved legislation that requires employers to provide new mothers a clean and private space to pump their milk, adding to the board’s long history of trying to make the city more equitable for workers even if that … Read More Read more here:: Insurance Journal       

By Don Jergler Freewheeling Uber faces major change. Its board is cracking down, its founder and CEO is stepping away indefinitely, and the company itself is coming to grips with measures intended to reform its toxic culture and aggressive business practices. And it … Read More Read more here:: Insurance Journal       

By Don Jergler A UPS driver opened fire with a handgun inside a United Parcel Service Inc delivery center in San Francisco on Wednesday, killing three co-workers before fatally shooting himself as police closed in, authorities and company officials said. Two people wounded … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Almost five years after Superstorm Sandy, one third of homeowners in several coastal states are still unaware of hurricane deductibles and how they work, new insurance research has found. Not only did 33 percent of respondents say they had never … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Insurer XL Catlin’s venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a low-cost remote smart home sensor for home security. XL Catlin’s XL Innovate, a previous … Read More Read more here:: Insurance Journal       

By Susanne Sclafane Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.” During a session of the S&P Global Ratings Insurance 2017 conference … Read More Read more here:: Insurance Journal       

By Don Jergler An Idaho woman rented her home to a man she thought had plans to buy it. He instead demolished it. Shammie Fisher is fighting in court to get compensation for her ruined Boise home. Idaho Supreme Court sided with Fisher … Read More Read more here:: Insurance Journal       

By Don Jergler Temperatures are climbing along with the risk of wildfires as a spring heat wave moves into Southern California. Forecasters predict temperatures in the 80s across greater Los Angeles this week, and some spots could see triple digits as the week … Read More Read more here:: Insurance Journal