Despite Having License Revoked by 2 States, Northern Illinois Agency Continues to Operate July 20, 2016 By Stephanie K. Jones By taking advantage of legal appeals processes, an Illinois managing general agency has been able to continue operations for more...
June Storms in Canada Cost Insurers More Than C$34 Million July 20, 2016 The storms that hit Saskatchewan, Manitoba and Ontario in Canada on June 24 and 25 caused more than C$34 million...
Minnesota Towns Continue to Struggle with Flood Damage July 20, 2016 Parts of east-central Minnesota are still trying to cope with floodwaters and subsequent damage nearly a week after torrential rains...
2 New Insurers Approved for Doing Business in Arkansas July 20, 2016 Arkansas Insurance Commissioner Allen Kerr has approved two new out-of-state insurers to do business in the state. Medical Liability Alliance...
Prosecutors Reduce Counts Against Texas Lawyer in BP Oil Spill Fraud Case July 20, 2016 By Janet McConnaughey A Texas lawyer and six co-defendants are now facing a reduced indictment of 73 charges, instead of 95, at federal...
Iowa Governor Issues Disaster Proclamation for 3 Counties July 20, 2016 A disaster emergency proclamation has been issued for three Iowa counties pummeled in weekend storms. The proclamation issued by Gov....
Bassman Completes Acquisition of Ascend Insurance Brokerage July 20, 2016 Dallas-based Ascend Insurance Brokerage President and CEO Paul Bassman has closed on the acquisition of the company, purchasing the business...
Risk Managers Fear Cyber and Liability Risks of Autonomous Vehicles: Survey July 20, 2016 By Alex Webb Cybersecurity is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted...
Maine’s Clark Insurance Adds 4 Employees July 20, 2016 Maine’s Clark Insurance has added four employees in its Portland office. Nicholas Jobin of Westbook has been hired as an...
Motor Insurers Need to Adapt to Ward Off Competition from Car Manufacturers July 20, 2016 By Carolyn Cohn and Noor Zainab Hussain As internet-connected and, eventually, driverless vehicles roll off production lines, traditional motor insurers need to adapt to ward off competition...