Housing sales in Texas would drop, gasoline prices would increase and the state would lose hundreds of billions of dollars in economic output if another major storm struck an unprotected coastline, according to a new study. The joint economic impact …
Capital Insurance Group is now a member of the Auto-Owners Insurance group of companies after regulatory approvals were cleared and closing documents were signed this week. CIG in February entered into an agreement to be acquired by Lansing, Mich. based …
El Dorado Hills, Calif.-based Pacific Interstate Insurance Brokers has named Tiffany Bertolini the future president of the firm. Current President and CEO Larry Manning will be retiring from his current duties on Dec. 31, 2020. Manning will remain with PIIB …
It took the threat of a ballot initiative to make it happen, but the deal no one ever thought they would see has come to fruition: Michigan’s lawmakers have passed legislation to reform the state’s worst-in-the-nation auto insurance market. In …
In the Bible, the ark survived an epic flood. Yet the owners of Kentucky’s Noah’s ark attraction are demanding their insurance company bail them out after heavy rains caused nearly $1 million in property damage. The Ark Encounter says in …
Arthur J. Gallagher & Co. has acquired Zionsville, Indiana-based Cairnstone Financial LLC. Terms of the transaction were not disclosed. Founded in 2010, Cairnstone Financial is a benefits consultant offering group health, life, wellness, retirement, disability and dental coverages and services …
A floodgate in the Mississippi Delta has been reopened as large stretches of rural land remain underwater. The Mississippi Levee Board says the Steele Bayou floodgate was opened Thursday. The structure north of Vicksburg helps regulate water levels inside a …
Oklahoma Insurance Commissioner Glen Mulready on May 24 issued a bulletin directing insurance companies to keep coverage in effect for storm victims for the next 30 days. The bulletin was issued following severe weather and flooding that swamped Oklahoma last …
West Virginia is set to get $106 million in federal disaster relief money. U.S. Sen. Joe Manchin on Thursday said the state would be getting the funds as part of a federal grant. The West Virginia Democrat says the money …
Michigan’s Legislature on May 24 passed a landmark bill that would cut the country’s highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries. The votes followed the announcement of an …
