AOB Abuse in Fla. Reaching Crisis Point

Assignment of benefits (AOB) abuse has escalated over the last five years to the point where it is now a serious disruption to Florida’s insurance market. The abuse, which is especially rampant in ...

UPS Tests Delivery With Octocopter Drone

United Parcel Service Inc. sees a day when your latest purchase may be dropped off not by a brown-clad delivery driver, but by an octocopter drone. The world’s largest courier took a step closer to ...

AIG Will Unload Vermont Ski Slope Asset for $50M

Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Brookfield, Colorado-based company that ...