Comparing the Texas Windstorm Insurance Association to a platypus — a creature native to Australia that appears to be a cross between a duck and a beaver — a Texas appeals court said it’s not always clear what Texas’ insurer …
Companies big and small — in and outside the insurance industry — can reduce risk and increase profits by improving diversity. And improving diversity can help a company to avoid potential lawsuits and claims, said Terri Austin, chief diversity office …
Hail damage claims from storms that hit Oklahoma in early June could easily top $20 million, an insurance industry source says, matching the cost of a similar storm in April. Meanwhile, nearly 1,260 electric company customers in Wakita and the …
Consumers need a better understanding of insurance issues specific to their unique situations. Special relationships deserve protection, too. That’s the assessment of the National Association of Insurance Commissioners, which has doubts about the insurance protections afforded and being purchased by …
A coalition of Texas state agencies on June 2 launched a 60-day test of TexasSure, a program aimed at reducing the number of uninsured drivers in the state. The program, also known as the Texas Financial Responsibility Verification Program, was …
Majority of Advertising Appearing in Spanish-Language Media Automobile insurers are hungering for the Hispanic market’s premium dollars, according to a report by Hispanic Market Weekly that analyzed marketing and media trends being used by the industry. Automobile insurers spent $78.7 …
State regulators recently told Congress that more study of the use of credit scoring by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere desire that the federal government assist, …
Mississippi Attorney General Jim Hood wrongly conspired with prominent trial attorney Richard “Dickie” Scruggs to skirt a court order in a case involving Hurricane Katrina insurance claims, a federal judge ruled. Referring to Hood as a “so-called law enforcement officer,” …
Huntsville, Ala. insurance executive Wayne Parker and Huntsville attorney Cheryl Baswell Guthrie will be in a runoff for the Republican nomination for the 5th Congressional District seat. Parker nearly won without a runoff but didn’t quite reach 50 percent of …
A labor dispute has cost The Greenbrier a conference that’s been held annually at the four-star resort in West Virginia for more than 90 years. The Council of Insurance Agents and Brokers announced June 2 that it canceled its fall …
