News Center
News – Insurance Journal
TuSimple Launches Self-Driving Truck Network with Berkshire’s McLane, UPS
U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc. supply chain unit McLane that it said should operate nationwide by 2024 and start running some driverless trucks routes by 2021. United Parcel …
POSTED JULY 02, 2020 9:22 AM |
AXIS Taps Woolley from GCube as Senior Underwriter, Int’l Construction Team
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of Anna Woolley as a senior underwriter in its International Construction team, effective immediately. In this role, Woolley will focus on writing new business and …
POSTED JULY 02, 2020 8:57 AM |
Online Insurer Lemonade Set to Raise $319 Million in U.S. IPO
Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., is set to raise $319 million in its U.S. initial public offering. The company will sell 11 million shares at $29 apiece, Lemonade said in a filing, confirming …
POSTED JULY 02, 2020 8:29 AM |
North Carolina to Test All Nursing Home Residents, Workers
All North Carolinians living and working in nursing homes will soon receive a one-time coronavirus test, the state announced Tuesday. Mandy Cohen, the state’s top public health official, said the state’s effort to boost testing will be underway from July …
POSTED JULY 02, 2020 7:46 AM |
FAA, Boeing Complete Certification Test Flights on 737 MAX, in Key Milestone
The Federal Aviation Administration and Boeing Co have completed certification test flights on the 737 MAX, a key milestone toward the plane’s return to service, the U.S. regulator said on Wednesday. The MAX has been grounded since March 2019 after …
POSTED JULY 02, 2020 7:43 AM |
Propel Insurance Acquires HealthCare Services of Tennessee
Propel Insurance, a retail insurance agency and a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a risk management and insurance consulting firm based in Knoxville, Tenn., that specializes in serving senior care organizations. The combined agency will …
POSTED JULY 02, 2020 7:39 AM |
From Enron to Wirecard – Big 4 Accounting Firms Still Face Systemic Problems
Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four accounting firms facing a major cultural problem that regulators may struggle to resolve. The 1.9 billion euros ($2.1 billion) missing …
POSTED JULY 02, 2020 7:28 AM |
Brightway to Offer Agency Franchise Option With $5K Fee, Free Second Unit
Brightway Insurance, a nationwide personal lines insurance agency system, has enhanced its franchise model with an option to join with a $5,000 franchise fee and the right to open an additional location at no additional cost. Individuals that would like …
POSTED JULY 02, 2020 7:23 AM |
S. African Insurers Are Pushed to Pay COVID-19 Business Interruption Claims
Virus-related claims from just over 500 small South African firms battling insurers who have rejected them are worth up to 4 billion rand ($232 million), the firm representing the businesses has calculated. Loss adjustment firm Insurance Claims Africa (ICA) is …
POSTED JULY 02, 2020 7:06 AM |
Novartis Pharmaceuticals Agrees to Pay $678M to Settle Doctor-Bribe Claims
Novartis Pharmaceuticals Corp. agreed to pay $678 million to resolve a whistle-blower case accusing the company of paying kickbacks to thousands of doctors who prescribed its drugs and wooing them with lavish dinners and trips to Hooters, ending almost a …
POSTED JULY 02, 2020 6:41 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Pro Player Insurance Group confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|