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Author: Annie George

California Electric Car Mandate Would Hit Mechanics Hard

electric cars

As California transitions to electric vehicles in its fight against climate change and air pollution, the skills of auto mechanics will become increasingly obsolete over the next decade.

Published February 7, 2023
Categorized as Show on Homepage Tagged California electrica cars, electric vehicles, mechanics and job security

CIWA Announces New President, Vice President, and Board Members for 2023-24

CIWA new board members

CIWA announces new positions that will support the association’s continued growth and overall mission.

Published February 7, 2023
Categorized as Show on Homepage Tagged CIWA, Excess & Surplus Lines, wholesalers

Insurers Avoid Picking Up Businesses’ Covid-19 Pandemic Costs

COVID closures

Businesses have faced an uphill battle in getting carriers to pay out on one of the most significant ever: pandemic shutdowns.

Published February 6, 2023
Categorized as Show on Homepage Tagged business interruption, COVID

PG&E to Face Manslaughter Trial Over Deadly California Fire

Utilities increasingly cause of wildfires amid climate change

A judge ruled that Pacific Gas & Electric will face manslaughter charges for its role in a Northern California wildfire that killed four people in 2020.

Published February 6, 2023
Categorized as Show on Homepage Tagged PG&E, PG&E manslaughter, wildfire

Aon’s Reinsurance Solutions Delivers 9% Organic Revenue Growth in Q4 2022

Aon see 5% growth in Q1 2024

Aon’s Reinsurance Solutions division achieved organic revenue growth of 9% in the fourth quarter of 2022.

Published February 6, 2023
Categorized as Show on Homepage Tagged Aon Reinsurance Solutions, organic growth

Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets

$80 million verdict against Zurich American

A jury decided on Friday that Elon Musk was not liable for investor losses after he tweeted that he had secured funding to take Tesla private in 2018.

Published February 6, 2023
Categorized as Show on Homepage Tagged Elon Musk, jury, Tesla, tweet, Twitter

FTC Is Preparing Potential Antitrust Case Against Amazon

Amazon drivers sue for unpaid wages

The US Federal Trade Commission is preparing a possible lawsuit against Amazon.com Inc. that could be filed as soon as this spring.

Published February 6, 2023
Categorized as Show on Homepage Tagged Amazon, antitrust, FTC

Marsh: Global Commercial Insurance Rates Continue to Moderate As Pricing Up 4% in 4Q 2022

premium increases down or flat

Global commercial insurance prices increased 4% in the fourth quarter of 2022 (down from a 6% increase in Q3 and a 9% increase in Q2), according to the Global Insurance Market Index released today by Marsh.

Published February 3, 2023
Categorized as Show on Homepage Tagged global insurance market, insurance pricing 4Q, Marsh

SIS Is Now ISC

ISC and SIS

As of February 1, 2023, Integrated Specialty Coverages (ISC) has rebranded its SIS operations, which will now be known as ISC.

Published February 3, 2023
Categorized as Show on Homepage Tagged ISC, MGA insurance, SIS

Westfield Completes Acquisition of Lloyd’s of London Syndicate 1200

Generali completes acquisition of Conning

Westfield today announces the completion of its acquisition of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings Ltd

Published February 3, 2023
Categorized as Show on Homepage Tagged Lloyd's syndicate, Westfield

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