Monthly Archives: <span>October 2021</span>

Study: Louisiana Auto Insurance Least Affordable in Nation

Louisiana has the least affordable auto insurance in the United States according to a recently published affordability index by Insurance Research Council (IRC). IRC’s affordability index measures the proportion of household income used to pay for auto insurance. IRC used …

Workers’ Compensation Reserve Redundancy Reaches $14 Billion, Reports NCCI

Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to climb, according to a report released by the National Council on Compensation Insurance. A.M. Best also released a report concluding …

Goats Being Brought in to Help Slow Colorado Wildfires

A group of horse trailers pulls up to a trailhead outside of Carbondale, Colo. The doors open and more than 800 goats jump out onto the gravel parking lot. The goats head straight for the closest grassy hill and immediately …

Colorado Dairy Fined over Worker’s Death in Manure Pit

A dairy in northern Colorado has been fined nearly $25,000 after the death of a worker whose truck slipped into a pit filled with liquid manure. The Occupational Safety and Health Administration cited Shelton Land and Cattle LTD, which does …

Disaster Declared for July New Hampshire Storms

President Joe Biden has approved New Hampshire’s request to declare a major disaster after the mid-July storm that caused severe flooding in Cheshire County. Southwestern New Hampshire already had experienced record rainfall for the month before the storms hit July …

Atlanta Apartments Where Student Died in Elevator Had Code Violations

The Atlanta apartment complex where a preparatory academy student-athlete was crushed by an elevator has been found to have multiple fire and building code violations, the Georgia insurance commissioner said. The midtown complex is where 18-year-old JauMarcus McFarland, a football …

New York Plastics Plant Settles Claim Over Polluted Drinking Water

A plastics company in upstate New York agreed to pay $23.5 million to settle a class-action lawsuit claiming it knowingly polluted well water with a toxic chemical. The Times Union reports the proposed settlement, agreed to by Taconic Plastics, would …

Outdoorsy’s MGA Roamly Selling RV Rental Insurance Through Spinnaker in 3 States

Digital managing general agency Roamly will link with Hippo-owned carrier Spinnaker Insurance Co. to sell insurance for recreational vehicle rentals. Roamly is owned by Outdoorsy, a global online RV rental and outdoor travel marketplace. Earlier this summer, Outdoorsy raised more …

Two Charged with Preying on Those Struggling with Addiction

Two men who authorities say took advantage of people struggling with opioid addiction by signing them up for false insurance policies and sending them to dubious out-of-state treatment facilities have been indicted on multiple charges, the Massachusetts attorney general’s office …

Insurers Expanding Franchises, Options in Florida

Two insurance companies announced expansions in Florida last week. Jacksonville-based We Insure Inc., an independent insurance franchise company, said it had opened the We Insure John Douglas Insurance agency in Panama City. The firm offers a range of property, auto …