Articles by Stephanie K. Jones

Missouri Insurance Director: Claims from Ferguson Riots Limited to Businesses

Property damage claims resulting from the rioting in Ferguson, Mo., in August are limited primarily to commercial property housing small businesses, according to the state’s chief insurance regulator. “There are no residential losses that we know of,” Insurance Director John …

Louisiana AG Files Suit Against State Farm over Auto Repair Practices

Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm. Attorney General Buddy Caldwell’s lawsuit, filed Aug. 19 in the 19th Judicial Court in East Baton …

Everyone Likes a Hard Insurance Market, Right?

What’s the big deal with a hard property/casualty insurance market? Everyone likes one, said Art Davis, president of Colony Specialty, a member of the Argo Group. “You make a lot of money, have good returns.” The problem is, Davis said …

Marijuana Coverage in the Wild West

In Washington – which permits the sale and personal use of cannabis and cannabis-related products through Initiative 502 passed in 2012 – the recreational marijuana industry is regulated by the Washington State Liquor Control Board. Licensees are required to have …

Missouri Regulators Assisting Ferguson Businesses with Property Claims

Representatives from the Missouri Department of Insurance headed to Ferguson on Aug. 27 to assist businesses that experienced damage during recent protests with filing insurance claims and to answer questions about the claims process. The department said it is encouraging …

Illinois Rideshare Bills Vetoed; Insurance Groups Urge Override

Illinois Gov. Pat Quinn has vetoed legislation that would have imposed statewide regulations on commercial ridesharing companies, also known as transportation network companies (TNCs). Quinn said he vetoed House Bill 4075, also known as the “Uber bill,” because it would …

Meadowbrook Insurance Eyes Modest Growth in 2015

After two years of siphoning off unprofitable business, tightening underwriting and raising rates, Meadowbrook Insurance Group is looking forward to growing again, according to the company’s upper management. Even before ratings agency A.M. Best downgraded the Southfield, Mich.-based property/casualty insurer …

Louisiana AG Files Suit Against State Farm Over Auto Repair Practices

Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm. Attorney General Buddy Caldwell’s lawsuit, filed Aug. 19 in the 19th Judicial Court in East Baton …

Fees, Plus Commissions, Allowed for Retail Insurance Agents in Texas

Retail insurance agents in Texas are allowed to charge certain fees in addition to a commission in relation to selling an insurance policy, but those fees must be disclosed to the customer. “Texas is one of the few states that …

Everyone Likes a Hard Insurance Market, Right?

What’s the big deal with a hard property/casualty insurance market? Everyone likes one, said Art Davis, president of Colony Specialty, a member of the Argo Group. “You make a lot of money, have good returns.” The problem is, Davis said …