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News Center

News – Insurance Journal

AM Best Revises Outlooks to Negative for Pennsylvania’s Farmers
AM Best has revised the outlooks to negative from stable and affirmed the financial strength rating of B+ (good) and the long-term issuer credit rating of “bbb-” of Farmers Mutual Fire Insurance Company of McCandless Township (Farmers), based in Wexford, …

POSTED NOVEMBER 13, 2019 4:20 PM
‘Problematic’ Cannabis Use Has Risen for Adults, Teens Since Legalization: Research
Problematic use of marijuana among adolescents and adults increased after legalization of recreational marijuana use, according to a new study from New York University’s Grossman School of Medicine and Columbia University’s Mailman School of Public Health. Published online November 13 …

POSTED NOVEMBER 13, 2019 4:05 PM
Widow Sues Dive Boat Owner in Fire off California That Killed 34
The widow of a passenger who died in a fiery dive boat disaster that killed 34 people in the waters off California sued the vessel’s owners this week. Christine Dignam, whose husband, Justin Dignam, died when the Conception caught fire …

POSTED NOVEMBER 13, 2019 3:56 PM
Uber Fights Decision by Los Angeles to Suspend Scooter, Bike Rental Permit
The Uber subsidiary Jump is fighting the suspension of its permit to rent electric scooters and bikes in Los Angeles. The city suspended Jump’s operating permit in October for not complying with a rule requiring such companies to transmit data …

POSTED NOVEMBER 13, 2019 3:51 PM
Fixing Ride-Hailing Will Take Fewer But Better Drivers, More Money: Viewpoint
Your mother probably told you never to get in a car with a stranger. The multibillion-dollar global ride-hailing industry depends on your ignoring her. If they want to earn that trust, though, companies need to rethink the tradeoff they’ve long …

POSTED NOVEMBER 13, 2019 3:42 PM
Swiss Re Corporate Solutions Names Mazzoleni Neglén as Head Customer Experience & Global Sales Steering
Swiss Re Corporate Solutions (SRCS) has appointed Loredana Mazzoleni Neglén as head Customer Experience & Global Sales Steering, effective Feb. 1, 2020. In this newly created role, Mazzoleni Neglén “will be responsible for supporting SRCS to better understand and address …

POSTED NOVEMBER 13, 2019 3:29 PM
Praedicat Develops Named Peril Casualty Insurance Product via Lloyd’s Lab
Praedicat, Inc., the Los Angeles-based liability risk analytics software company, announced it is developing a new insurance product designed to help global industrials secure coverage for innovative and essential products and chemicals that are typically excluded or under-insured in standard …

POSTED NOVEMBER 13, 2019 2:11 PM
Employee Lawsuit Claims McDonald’s Fails to Address Sexual Harassment
Mc Donald’s Corp. was sued on Tuesday by workers in Michigan who accused the fast-food chain of allowing pervasive sexual harassment to flourish at its restaurants nationwide. The proposed class action lawsuit filed in a Michigan state court accused McDonald’s …

POSTED NOVEMBER 13, 2019 1:48 PM
How Brokers Influence Specialty Insurance Product Innovation
In an era of insurance transformation, where process simplification and flawless customer service are expected, innovation in policy and product is a must—especially when it comes to the non-traditional coverage aspects of specialty insurance. Whether it’s reputational, cyber, gig economy …

POSTED NOVEMBER 13, 2019 1:27 PM
Flooding in Northern England Becomes U.K. Election Issue
Boris Johnson deployed extra troops to help flood-hit parts of Northern England as he tried to ensure that a natural disaster didn’t damage his election chances. The prime minister convened a meeting of the government’s “Cobra” emergency committee on Tuesday …

POSTED NOVEMBER 13, 2019 12:45 PM

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