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News Center

News – Insurance Journal

New AAIS Florida Homeowners By-Peril Program Approved by State Regulator
AAIS (the American Association of Insurance Services) has received approval for its new Florida Homeowners By-Peril Insurance Program from the Florida Office of Insurance Regulation (OIR). The AAIS Florida Homeowners By-Peril Program provides carriers operating in Florida a way to …

POSTED APRIL 26, 2019 5:54 AM
Historic Tennessee Courthouse Damaged by Fire
A fire has caused significant damage to one of the oldest courthouses in Tennessee. Fire officials told news outlets that the first crew arrived at the Loudon County courthouse Tuesday evening and quickly called for backup as flames began to …

POSTED APRIL 26, 2019 5:19 AM
Cannons, Networks, Radar, Jammers: The Business of Taking Down Drones
Just shoot them down? After troublesome drones infiltrated London’s Gatwick airport late last year, disrupting passenger flights and costing potentially millions of pounds in revenue, that was the instinctive question posed by the watching world. But for some businesses, shooting …

POSTED APRIL 26, 2019 5:00 AM
Former Washington Insurance Agent Pleads Guilty to Theft
Former Washington insurance agent Abu Ameena Ward has pleaded guilty in Pierce County Superior Court to one count of third-degree theft and was ordered to pay $18,666 in restitution to Farmers Insurance and $700 in court fees. He entered the …

POSTED APRIL 26, 2019 5:00 AM
Marsh Begins Rolling Out Proof of Insurance Blockchain for U.S. Customers
A year after it began a collaboration to develop the product, insurance broker Marsh has announced that it has begun the rollout of its proof of insurance blockchain platform to U.S. commercial clients. Originally introduced as a proof of concept …

POSTED APRIL 26, 2019 5:00 AM
Tesla to Create Own Insurance Product, Says Musk
For the second time in three days, Elon Musk has shed light on how Tesla Inc. plans to take on massive industries outside the automotive and clean-energy realms. Tesla’s chief executive officer said during Tesla’s earnings call Wednesday that the …

POSTED APRIL 26, 2019 5:00 AM
U.S. Plans Global Summit on Boeing 737 Max Safety
The U.S. Federal Aviation Administration next month will brief international aviation regulators on the agency’s work evaluating when the Boeing Co. 737 Max can return to service, which some countries have signaled they intend to decide on their own. The …

POSTED APRIL 26, 2019 5:00 AM
California Lawmakers Advance Resilient Homes Initiative
A bill to enable the California Earthquake Authority to expand mitigation programs cleared its first hurdle this week when it passed the Senate Insurance Committee. The Resilient Homes Initiative, Senate Bill 254, was authored and introduced in earlier this month …

POSTED APRIL 25, 2019 5:12 PM
Report: Number of Michigan Traffic Deaths Fell Below 1,000 in 2018
Officials say Michigan traffic deaths dipped below 1,000 in 2018 for the first time since 2015. The Michigan State Police Criminal Justice Information Center announced Wednesday that Michigan traffic deaths totaled 974 in 2018, down 5% from 1,028 in 2017 …

POSTED APRIL 25, 2019 4:57 PM
Insurtech, Cover, Now Selling Its Own Auto Policies in Texas
Cover, a mobile-first insurance brokerage, has begun selling its own auto insurance policies in Texas. The new service — an evolution from the company’s nationally-licensed insurance brokerage — combines a streamlined process for buying policies, using smartphone technology such as …

POSTED APRIL 25, 2019 4:30 PM

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