Catastrophe Losses Top $7B; Property/Casualty Insurers’ Net Income Drops 42.2% in Q1 July 10, 2017 The U.S. property/casualty insurance industry saw its net income fall to $7.7 billion in the first quarter (Q1) of 2017...
HCI to Expand Flood Insurance Sales to Nine States July 10, 2017 By Andrew G. Simpson As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement,...
With Large Job Gains, Louisiana Employment Picture Improves July 10, 2017 Seasonally adjusted data for the month of May shows that total nonfarm employment gained 10,500 jobs over the month in...
Texas Amends Captive Insurer Rules July 10, 2017 Texas Gov. Greg Abbott has signed a measure that tweaks Texas law relating to captive insurance companies. Abbott signed House...
Texas Supreme Court Takes on Issue of ‘Fully Adversarial Trial’ July 10, 2017 By Stephanie K. Jones Texas’ high court justices recently ruled that a judgment against an insured defendant is not enforceable against that defendant’s insurer...
Oklahoma, Other Energy States Slam California Over Insurer Investment Rules July 10, 2017 By Stephanie K. Jones Oklahoma’s attorney general on June 19 sent a letter to California’s insurance commissioner threatening legal action if that state continues...
Arkansas, Oklahoma Graded ‘F’ for Overall Public Safety July 10, 2017 No state does enough to protect its residents from preventable deaths and injuries — commonly known as “accidents” — on...
Number of Compound Drug Prescriptions Falling in Texas Workers’ Comp July 10, 2017 A report released in May by the Texas Department of Insurance – Division of Workers’ Compensation shows that while the...
Returning from Recess, Senate Republicans Worried Obamacare Repeal Will Fail July 9, 2017 By Yasmeen Abutaleb Republicans expressed increasing pessimism on Sunday about the prospects for the healthcare bill in the U.S. Senate aimed at rolling...
Burand’s State of P/C Insurance Industry Part 2: How to Pick Winners as More Carriers Consolidate or Waste Away July 9, 2017 By Chris Burand Editor’s Note: This is the second of two articles by Burand based on his most recent 50-page whitepaper, State of...