Insurance

DALLAS (AP) — Federal officials are investigating a Southwest Airlines jet that triggered a low-altitude alert as it prepared to land in Oklahoma City but was still nine miles from the airport. The Federal Aviation Administration said Thursday that an …

Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model. The model uses daily data to predict US hurricane seasonal activity, representing a significant advancement in …

Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals …

Jimbo Floyd, head of Turner Wood and Smith Insurance in Gainesville, Georgia, has been sworn in as president of the Independent Insurance Agents of Georgia. Floyd has previously served as IIAG’s chairman of the board, vice president, secretary-treasurer and chair …

A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according to Allan Liska, a threat analyst at the security firm Recorded Future Inc. The cybercrime group has demanded an extortion …

Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank Ltd.’s general insurance unit. The Swiss firm is pursuing …

A federal judge in Texas on Monday seemed likely to stop a Biden administration rule that would extend mandatory overtime pay to 4 million U.S. workers from taking effect, but was unsure whether he could block it nationwide or only …

Relm Insurance, the Bermuda-based specialty insurance carrier, announced the release of its Side A Difference in Conditions (DIC) solution. Relm’s Side A DIC solution was created for clients that have been unable to secure enough limit or consistent terms across …

Ford Motor said Tuesday it is recalling 668,000 F-150 pickup trucks worldwide from the 2014 model year because vehicles can unexpectedly downshift into the first gear causing a loss of driver control or rear-wheel lockup. A loss of signal can …

PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in the Southeast. The Brady Agency, offering commercial and personal lines coverage in North Carolina and Virginia with offices in the …