25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew August 24, 2017 By Amy O'Connor Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation...
Employee Embezzlement Schemes Often Carried Out Over Years August 24, 2017 Nearly 25 percent of employee thefts involve large-scale losses of more than $1 million and 29 percent are carried out...
Judge Dismisses Stockholders’ Suit Against Martha Stewart August 24, 2017 By Randall Chase A Delaware judge has dismissed a class-action lawsuit filed by former stockholders of Martha Stewart Living Omnimedia over the company’s...
Harvey Set to Bring ‘Catastrophic’ Flooding Across Texas August 23, 2017 By Brian K. Sullivan, Laura Blewitt and Jim Polson Harvey, which could strengthen into the first hurricane to strike Texas since 2008, forced workers off Gulf of Mexico platforms,...
Researchers Using Airplanes to Map Earthquake Faults in Oklahoma August 23, 2017 By Adam Wilmoth, The Oklahoman Researchers are turning to the sky to help stop earthquakes from rumbling deep beneath the Oklahoma soil. The U.S. Geological...
Illinois Governor Vetoes 1 of 2 Workers’ Comp Bills Opposed by Insurers August 23, 2017 Illinois Gov. Bruce Rauner has vetoed a workers’ compensation reform bill that has been strongly opposed by the insurance industry....
Appeals Court Rules L.A. Lakers Not Entitled to Coverage in TCPA Suit August 23, 2017 By Don Jergler The U.S. Ninth Circuit court of Appeals affirmed Wednesday that the Los Angeles Lakers are not entitled to insurance coverage...
Florida Domestic Insurer Sawgrass Mutual to ‘Wind Down’ Operations August 23, 2017 By Amy O'Connor Just a day after being downgraded by ratings agency Demotech, Florida-based insurer Sawgrass Mutual Insurance Company has revealed it is...
A.M. Best Assigns ‘A’ Rating to New Texas Insurer, Starr Specialty August 23, 2017 Ratings agency, A.M. Best, has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating...
Missouri Agency Changes Name to Reflect Focus on Risk Management August 23, 2017 St. Louis, Mo.-based Powers Insurance and Benefits recently changed its name to Powers Insurance & Risk Management. Founded in 1991,...