Arkansas has suspended the insurance licenses of one agency owner and arrested another agency owner on charges of insurance fraud. The Arkansas Insurance Department suspended the licenses of Berry Bishop and Alliance Insurance Group of Arkadelphia alleging premium financing fraud …
Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires in 2017, according to a Federal Reserve survey published in April. The report by the Dallas, New York, Richmond …
A Washington appeals court has reversed a lower court ruling that held the federal government liable for some of the flooding that followed Hurricane Katrina and other major storms — a ruling that could have resulted in damage payments for …
The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau to increase homeowners insurance rates statewide by an average of 4.8 percent. The agreement between the two parties ends the legal dispute that began …
Appalachian Underwriters, Inc. has hired workers’ compensation underwriter Alon Cohn to its Sanford, Fla., office. Cohn will focus on the production of new workers’ compensation business in the Southeast region, including Alabama, Florida, Georgia, Mississippi, and Tennessee. Previously a production …
The Alabama Insurance Underwriting Association (AIUA) has partnered with the Insurance Institute for Business & Home Safety (IBHS) to develop a roof aging farm in Foley, Ala. This longer-term research project was designed to help determine how different roofing materials …
Citizens Property Insurance Corp. says it has reopened about 37 percent of its Hurricane Irma claims, according to a statement from the Florida insurer of last resort. The insurer says the reopening of claims is part of ongoing efforts to …
A state appeals court has reinstated a lawsuit against operators of a website that facilitated the purchases of a gun used in a mass shooting in suburban Milwaukee, Wisconsin, five years ago. Radcliffe Haughton killed his wife, Zina Daniel Haughton, …
Upgrade: Nodak Insurance A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Nodak Insurance Company (Nodak Insurance), based in Fargo, North Dakota, and …
The Ohio Supreme Court has held two insurers jointly and severally liable to the Ohio Bureau of Workers’ Compensation (BWC) for past, present and estimated future payments the BWC made under a workers’ compensation claim. In Bur. of Workers’ Comp. …
