Hiscox has increased capacity to $200 million for U.S. domiciled terrorism risks. The additional capacity addresses the increased demand for standalone terrorism coverage caused by the upcoming expiration of the U.S. government terrorism insurance backstop offered by the Terrorism Risk …
An explosion has rocked a plywood manufacturing plant north of Houston, injuring seven workers and causing a fire that took hours to extinguish. The explosion occurred about 6:15 p.m. on April 26 at the Georgia-Pacific plant in Corrigan, Texas, a …
Arkansas, Oklahoma and parts of the Midwest were pounded over the weekend by deadly tornado-producing storms that touched down in seven states. As many as 30 tornadoes have been reported, half of which touched down in Arkansas. The Arkansas Department …
There’s a lot riding on a California law to grant driver’s licenses to immigrants in the country illegally, and supporters are already preparing prospective drivers in the most populous U.S. state to pass the test required to get one. A …
A Monmouth County, New Jersey, woman has been indicted for allegedly submitting more than $500,000 in bogus invoices to her health insurance company. A state grand jury indictment alleges that from March 2011 and March 2013, 40-year-old Middletown resident Donna …
Small businesses in eight New Mexico counties are eligible for federal disaster loans due to the drought. The U.S. Small Business Administration made the announcement Friday, saying the loans can help offset economic losses from reduced revenues caused by the …
The National Association of Insurance Commissioners announced that the Arizona Department of Insurance has licensed State Based Systems, an NAIC-owned and operated regulatory tool. “We are confident in the ability of SBS to help us significantly streamline our processes and …
Arthur J. Gallagher & Co. recently announced the acquisition of American Wholesalers Underwriting in Stamford, Conn. Terms of the transaction were not disclosed. Established in 1994, American Wholesalers Underwriting is a managing general agent and program manager which provides commercial …
Ohio’s watchdog released his much-anticipated investigative report on the investment scandal that engulfed the state in 2005, concluding the worker’s compensation insurance organization where it started has become significantly more professional and accountable. Inspector General Randall Meyer made no new …
This post is part of a series sponsored by CoreLogic. After one of the quietest hurricane seasons in decades, The Weather Channel predicts a below-average 2014 Atlantic Hurricane season. The early outlook released March 24, 2014 calls for 11 named …
