State records show home insurers have dropped the policies of more than 87,000 Floridians in the third quarter of this year. The Palm Beach Post reports that state records also show half of the state’s top 10 property insurers served …
A new study released by the Insurance Information Institute (I.I.I.) finds that Florida’s assignment of benefits (AOB) crisis has cost consumers billions of dollars in unnecessary litigation and inflated claim costs as the abuse continues to spread statewide. “In Florida, …
The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and continuity after Britain leaves the European Union. The Treasury and …
PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends too much on advertising and not enough on preventing devastating Northern California wildfires like the one that destroyed the town …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has expanded its cyber insurance capabilities with the introduction of a dedicated U.S. team focused on cyber offerings, an enhanced cyber and professional liability product, …
An Arkansas panel has given initial approval to allowing restricted use of an herbicide that was banned following complaints that it drifted onto crops and caused damage. The Arkansas Plant Board last week approved new restrictions for the use of …
Residents walked instead of driving cars and children enjoyed another day of building snowmen with school canceled Monday after a wintry storm dropped snow, sleet or freezing rain across five southern states. Accidents on snow-covered interstates caused major delays over …
A federal judge has sentenced the owner of a now-defunct southwest Ohio payroll services company to six months in federal prison and a $10,000 fine after being found guilty of workers’ compensation insurance fraud. John R. Cacaro, 59, owner of …
The employees and agent/broker clients of Farmington Hills, Michigan-based H.W. Kaufman Group may be pleased but not surprised to learn that the specialty insurance organization has been recognized as one of the best in the world for professional education and …
Amarillo, Texas-based Producers Ag Insurance Group Inc. (ProAg), a member of the Tokio Marine HCC group of companies, has hired Scott Schaefers as senior vice president of Marketing and Innovation, Becky Piechowski as senior vice president of Operations and Benji …
