Tidewater Insurance Associates, Inc. Tidewater Insurance Associates, Inc.
Mon, 24 Apr 2017 15:05:39 +0000
To reduce the risks of wildfires, federal officials this spring are planning to conduct controlled burns on more than 9,000 acres of land in Washington state forests. The Seattle Times reported the fires planned in the Okanogan-Wenatchee National Fores...
Mon, 24 Apr 2017 15:02:39 +0000
A small earthquake struck near Port Townsend in Admiralty Bay. The Pacific Northwest Seismic Network says the earthquake happened shortly after 10 p.m. Wednesday between Port Townsend and Oak Harbor, Whidbey Island. The 3.1-magnitude quake occurred at ...
Mon, 24 Apr 2017 14:52:05 +0000
The Everest National Insurance Co. has joined the Governing Committee of the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB Governing Committee is responsible for setting policy and overseeing the management of the affairs of th...
Mon, 24 Apr 2017 14:04:08 +0000
General Motors Co.’s bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the Supreme Court refused to hear its appeal claiming the suits were barred by the No. …
Mon, 24 Apr 2017 14:01:34 +0000
Recreational marijuana may be legal for adults in Massachusetts but who ultimately will be in charge of regulating and enforcing the new law remains the subject of behind-the-scenes maneuvering on Beacon Hill. A legislative committee created to revie...
Mon, 24 Apr 2017 13:27:03 +0000
Popular ride sharing companies Uber and Lyft are opposing a Vermont bill that would require the companies to greatly increase their insurance coverage for personal injuries when drivers are between rides. The Burlington Free Press reports that the bill...
Mon, 24 Apr 2017 13:20:44 +0000
The New York State Senate in April passed its $153 billion 2017-2018 state budget that includes reforms to workers’ compensation in the state. These reforms serve to help businesses, local governments and not-for-profits save money while also enhancing...
Mon, 24 Apr 2017 13:20:27 +0000
Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT Specialty Limited. According to the report released …
Mon, 24 Apr 2017 13:09:22 +0000
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Molly Nolan as senior vice president. Nolan comes to JLT with more than 20 years’ experience in providing insurance services for complex property accounts. S...
Mon, 24 Apr 2017 12:49:05 +0000
Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris Agreement climate goals, according to the Allianz Climate & Energy Monitor Deep Dive, which aims to inform investors and policymakers …
Mon, 24 Apr 2017 11:01:01 +0000
Bermuda-based AXIS Capital Holdings Ltd. announced the launch of the “AXIS Re Actuarial Scholarship” in partnership with Renmin University in China. The scholarship fund will provide financial assistance to actuarial students in Renmin’s School of Stat...
Mon, 24 Apr 2017 10:37:21 +0000
Aviva plc has acquired VietinBank’s entire 50 percent shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Ltd. Aviva also has signed a new distribution agreement with VietinBank to sell life and health insurance products th...
Mon, 24 Apr 2017 10:16:32 +0000
The U.K. had its first full day without burning coal to make electricity since the Industrial Revolution more than a century ago, according to grid operator National Grid Plc. “Friday 21st April 2017 was the first 24-hour period since the …
Mon, 24 Apr 2017 09:36:05 +0000
Neon has appointed Catherine Sethi as senior underwriter in its Property Direct & Facultative (D&F) team. Based in London, Sethi will report to Sam Yates, who joined Neon recently to lead the expansion and growth of its London property D&F …
Mon, 24 Apr 2017 09:18:08 +0000
Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.’s excess casualty insurance book of business. The transaction is expected to close mid-year...
Mon, 24 Apr 2017 08:41:02 +0000
Alibaba Group Holding Ltd. Chairman Jack Ma said society should prepare for decades of pain as the internet disrupts the economy. The world must change education systems and establish how to work with robots to help soften the blow caused by automati...
Mon, 24 Apr 2017 07:58:58 +0000
Eduardo Elsztain, the Argentine real estate developer who controls Israeli conglomerate IDB Development Corp., said he has at least two bidders for the company’s insurance unit, Clal Insurance Enterprises Holdings Ltd. Elsztain is fighting a sale of th...
Mon, 24 Apr 2017 05:00:59 +0000
Tesla Inc. is facing its first legal challenge over self-driving technology in a case alleging the electric carmaker sold 47,000 vehicles with Autopilot software that’s “dangerously defective” when engaged. Drivers have “become beta testers of half-bak...
Mon, 24 Apr 2017 05:00:53 +0000
The frequency of insurance claims surrounding mergers and acquisitions (M&As) is rising as large deals prove risky and the average payout on the most severe category of claims tops $20 million, according to an American International Group, Inc. study. ...
Mon, 24 Apr 2017 05:00:43 +0000
The federal government will provide states nearly half a billion dollars for prevention and treatment programs aimed at confronting the opioid epidemic, which Health and Human Services Secretary Tom Price described last week as a “crisis.” Price made t...
Mon, 24 Apr 2017 05:00:13 +0000
Physical property damage due to natural disasters, weather-related or man-made incidents, can be relatively straightforward to assess, but understanding how a different form of property causes damage can be a little more ambiguous, according to panelis...
Mon, 24 Apr 2017 04:22:09 +0000
Catastrophe modeling firm AIR Worldwide has released a new cyber risk modeling application for the insurance and reinsurance markets. ARC (Analytics of Risk from Cyber) is designed to evaluate any commercial policy (including those vulnerable to silent...
Mon, 24 Apr 2017 04:18:50 +0000
Florida Insurance Commissioner David Altmaier is just about to complete his first full year in the position since taking over for Kevin McCarty last May, and there hasn’t been a dull moment since he took the post. Altmaier, 35, is …
Mon, 24 Apr 2017 04:16:01 +0000
The quibbling continues over how much a South Carolina stripper should be compensated after being shot while on the job, with the state’s highest court on Wednesday ordering a new hearing in the woman’s case. The decision comes two years …
Mon, 24 Apr 2017 01:03:05 +0000
Global insurance broker and consultant Willis Towers Watson has named Joe Peiser as head of Broking, North America. Peiser will be responsible for the company’s broking strategy in North America, working with the insurance carriers to obtain the best ...
Fri, 21 Apr 2017 16:56:10 +0000
Allied World North America has expanded its risk management offerings to policyholders to include access to discounted unmanned aerial systems (UAS) services through DataWing, a UAS service provider led by former U.S. Air Force fighter pilots that prov...
Fri, 21 Apr 2017 15:43:28 +0000
Fremont County, Wyo. residents and disaster response officials are making preparations for spring flooding. Predictions are that the county could see its biggest runoff from the mountain snowpack in decades. National Weather Service hydrologists say th...
Fri, 21 Apr 2017 15:41:14 +0000
Idaho Gov. C.L. “Butch” Otter says residents facing possible flooding in some areas of the state aren’t taking what he calls a potential disaster seriously. About a dozen state and federal officials at a news conference Wednesday in Boise described …
Fri, 21 Apr 2017 15:26:06 +0000
Late in the afternoon of Feb. 12, Sheriff Kory Honea was at the emergency operations center for the tallest dam in America when he overheard someone say something that stopped him in his tracks: “This is not good.” Over six …
Fri, 21 Apr 2017 13:04:39 +0000
Pennsylvania’s attorney general’s office on Wednesday charged a dozen people as part of an organized crime ring that it said had made millions of dollars renting out fraudulently obtained license plates, primarily in New York City. The people who rented …