Category: Insurance live news

Flying Cars Soon to Be Tested in Germany

Germany, land of the no-holds-barred Autobahn, is pushing the next level of transportation: flying cars. Chancellor Angela Merkel’s government signed a letter of intent with executives from Volkswagen’s Audi unit and plane maker Airbus SE to test air taxis in and around the Bavarian city of Ingolstadt. The trial in Audi’s hometown is meant to […]

Chubb Adds Artisan Contractors Coverage to Small Business Online Platform

Chubb has introduced a new insurance product available to more than 60 classes of artisan contractors through its new digital platform – the Chubb Small Commercial Marketplace, which places and services small business insurance, and features a suite of products for skilled trade professionals. Coverage options include Chubb Business Owner’s Policy (BOP), umbrella, workers’ compensation, […]

Louisiana Seeks to Clarify Named Storm/Hurricane Deductible Law

The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in relation to named storms/hurricanes/subtropical storms. Advisory Letter No. 2018-01 was issued to both admitted and surplus lines insurers and concerns storms that have […]