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Industry News

California Trucking Association Suing over New Independent Contractor Law

The California Trucking Association and two California independent owner-operator truck drivers have filed an amended complaint with the U.S. Southern District Court seeking declaratory and injunctive relief against California’s new independent contractor law. The law codified the employment test set …
Vermont Police Investigating After One Injured in Explosion of ‘Homemade Device’

Vermont police are investigating after one person was injured by the explosion of what’s described as a “small homemade destructive device.” Brattleboro police say there is no known concern for the safety of the public. Police and rescue crews were …
Union Mutual of Vermont Companies Hires Campbell

Sean P. Campbell recently joined Union Mutual of Vermont Companies as assistant vice president of Personal Lines Underwriting and Business Development, President and CEO Michael Nobles announced. Campbell will be based in Central New York in his new role. He …
Former Executive Sues MetLife Alleging Gender Bias; Insurer Denies Claims

A former MetLife Inc. executive claims she suffered years of gender-based pay discrimination and harassment from members of the insurer’s top leadership team and that she was fired after complaining about a lack of diversity. Mona Moazzaz, a former chief …
Risk Strategies Appoints Grant as Employee Benefits Practice Leader in New York

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has appointed 25-year industry veteran Michael S. Grant as employee benefits practice leader for the firm’s Greater New York region. Prior to joining Risk Strategies, Grant was senior …
Hail Has Damaged Insurance Market for Car Dealers. Parametric Insurance May Help.

Nick Pacifico has been working at his family’s Cadillac dealership in Denver since 2003. He’s never seen insurance costs this bad. “Getting coverage is nearly impossible,” said Pacifico, vice president at Rickenbaugh Automotive Group. Two years ago he paid about …
Generali Launches Art Insurance Unit, Aiming to Be ‘Partner for Life’ for Collectors

Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ($2.6 million) was stolen earlier this year from an English …
Mediation Underway Between Bayer, Plaintiffs Over Roundup Claims

Mediation between Bayer and plaintiffs in the United States aims to clarify all justified claims related to Roundup herbicide both at the national and state level, mediator Ken Feinberg told a German magazine. “The mediation is going slowly but steadily,” …
Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes

Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core …
Chubb Appoints Keen as Division President, Chubb Global Markets

Chubb announced the appointment of Jason Keen as division president, Chubb Global Markets. In this role, Keen will have responsibility for the leadership, strategy and performance of Chubb Global Markets, which comprises Chubb’s London market wholesale and specialty business including …

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