Oklahoma City Spending to Improve Traffic Issues, Prepping for Self-Driving Cars

A city in central Oklahoma is spending millions of dollars preparing for self-driving cars while working to alleviate traffic problems. Edmond Traffic Engineer Tom Minnick told The Oklahoman that the city is laying down infrastructure for autonomous vehicles. The $5 million intelligent traffic system project involves improvements at more than 20 intersections and the addition […]

Loss Estimate for Europe’s Storm Friederike (aka DAVID) Rises to €1.7B ($2.0B): PERILS

The third insured loss estimate for extratropical Cyclone Friederike, also known as “David,” has risen to €1.675 billion ($2.0 billion), according to PERILS, the independent Zurich-based organisation that provides industry-wide catastrophe insurance data. PERILS’ third estimate of the insured property market loss for Friederike, based on loss data collected from affected insurers, compares to PERILS’ […]

QBE, AmWINS Launch E&O Coverage for Architects, Engineers, Design Businesses

QBE North America has formed a partnership with AmWINS Program Underwriters (APU) to offer errors and omissions coverage for architects, engineers and design (A&E) businesses. The launch is part of QBE’s initiative to expand its specialized portfolio. APU’s A&E program will be distributed through both wholesale brokers and retail agents. This new program features pre-claims […]

Rising home prices are driving buyers out of the Charlotte market

Charlotte’s red-hot real estate market is squeezing potential homebuyers out and driving down sales, a consequence of fast-rising home prices. What should be a great market for sellers — with homes snapped up in days by a bumper crop of eager buyers — instead appears increasingly to be stuck, hamstrung by low inventory that drives […]

Preview of July Property Investment Opportunities at Auction

Harrogate and North Yorkshire estate agent and independent professional property partnership FSS' auctioneer, Richard Smailes, offers his insight into the lots on offer ahead of the July 19 event at Pavilions of Harrogate.   What are investors looking for? Investors want clarity on the potential return on their investment. Often we are auctioning properties that […]

Hearst Settles Magazine Subscribers’ Michigan Privacy Claim for $50 Million

Hearst Communications Inc. on Thursday reached a $50 million settlement of a lawsuit claiming it violated Michigan privacy law by selling its magazine subscribers’ personal information to third parties without consent. Lawyers for the subscribers called the proposed class-action settlement the largest of its kind, triple the $16.375 million accord reached in April by Consumers […]