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Study Says Uber Had No Impact on Some Crash Rates in Virginia
A recent study finds no evidence that ride-hailing app Uber reduced the number of serious car wrecks in Virginia. The research also found no change in the likelihood that a fatal crash involved alcohol. The College of William & Mary …

POSTED AUGUST 21, 2018 1:30 PM
Repko Joins AIG as AIG Chief Information Officer, Replacing Gallo
American International Group announced that John P. Repko will join the company as executive vice president, chief information officer, effective September, succeeding Martha Gallo, who the insurer said is leaving AIG to pursue other interests. Repko will be responsible for …

POSTED AUGUST 21, 2018 1:11 PM
Lafreniere Joins Slice Labs as Chief Growth Officer to Work with Insurers
On-demand insurance platform Slice Labs Inc. has hired Philippe Lafreniere as chief growth officer to work with carriers on the development of digital insurance products serving business and consumers. Lafreniere brings 25 years of global insurance technology experience to the …

POSTED AUGUST 21, 2018 12:56 PM
Augmented Reality Property Claims Venture Raises $3.9 Million
PLNAR, an augmented reality service that creates, fully measured, real-time 3D models of any room, has raised $3.9 million in a Series A investment round led by insurtech and healthcare venture capital fund ManchesterStory Group. Additional funding came from The …

POSTED AUGUST 21, 2018 12:39 PM
Republicans Move to Clarify Tax Provision on Sexual Harassment Claims
U.S. Senate Republicans on Thursday sought to correct a section of President Donald Trump’s tax overhaul that threatened to prevent sexual harassment victims from claiming a tax deduction for the legal costs they incur while pursuing their cases. In a …

POSTED AUGUST 21, 2018 12:16 PM
Chubb Appoints Wong as Country President for Hong Kong, Taiwan & Macau
Chubb has appointed Stanley Wong as country president for Hong Kong, Taiwan & Macau, effective Oct. 1, 2018. He replaces Doug White, who was appointed to the role of head of the Major Accounts Division for Chubb in Asia Pacific. …

POSTED AUGUST 21, 2018 10:53 AM
AIR Worldwide Estimates Insured Losses from Japan Floods Could Reach US$4B
Industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between JPY284 billion (US$2.6 billion) and JPY423 billion (US$4.0 billion), according to Boston-based catastrophe modeling firm AIR Worldwide. …

POSTED AUGUST 21, 2018 10:31 AM
Genoa Bridge’s ‘Unusual’ Design Investigated as Possible Contributor to Collapse
The bridge that collapsed in the Italian port city of Genoa was considered a feat of engineering innovation when it was built five decades ago, but it came to require constant maintenance over the years. Its design is now being …

POSTED AUGUST 21, 2018 9:52 AM
China’s Ping An Insurance Profits Rise 34% in First Half, Biggest in 10 Years
Ping An Insurance Group Co. of China , the country’s largest insurer by market value, on Tuesday reported its biggest half-yearly profit in at least a decade on robust customer growth. The results underline strength in Ping An’s business versus …

POSTED AUGUST 21, 2018 9:28 AM
Extreme Weather Risk Grows as Warming Earth Disrupts High-Altitude Winds: Study
Scorching summer heatwaves and downpours are set to become more extreme in the northern hemisphere as global warming makes weather patterns linger longer in the same place, scientists said on Monday. They said there was a risk of “extreme extremes” …

POSTED AUGUST 21, 2018 9:12 AM

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