The Texas Windstorm Insurance Association Board of Directors will hold an interim meeting on March 22 at 1:30 p.m. CT to determine TWIA‘s catastrophe funding and reinsurance needs for the 2022 hurricane season. The Board will review catastrophe model results …
The Workers’ Compensation Reinsurance Association (WCRA) will distribute $600 million to Minnesota’s insurers, self-insurers and policyholders, the association announced this month. The WCRA Board of Directors, the Commissioner of the Department of Labor and Industry, and the Commissioner of the …
Michigan drivers with auto insurance will soon starting getting previously announced $400 refunds per vehicle. Gov. Gretchen Whitmer and the state’s top insurance regulator said Monday that a $3 billion transfer of surplus funds from the Michigan Catastrophic Claims Association …
Federal inspectors have confirmed the presence of bird flu in a commercial mixed species flock in southeastern South Dakota. Samples from the flock in Charles Mix County, which borders Nebraska, were tested at a national laboratory at South Dakota State …
Texas’ administration of flood relief money from Hurricane Harvey broke federal law by discriminating against Black and Hispanic residents in the Houston area, according to a decision by the federal housing agency that could channel millions of dollars of aid …
U.S. President Joe Biden signed an executive order on Wednesday requiring the government to assess the risks and benefits of creating a central bank digital dollar, as well as other cryptocurrency issues, the White House said. Bitcoin surged on the …
With just two days left in the 2022 Florida legislative session, a comprehensive property insurance reform bill appears to be dead. But lawmakers were said to be looking for ways to fold some of the main provisions into other bills …
A California judge has ordered an online, for-profit university and its former parent company to pay $22 million in penalties, saying they mislead students about the costs of their education, among other things, the state’s attorney general announced Monday. The …
John O’Donnell picked an interesting time to change jobs. The way the world works is radically changing, and just as the pandemic – apparently – wanes, he’s taking the helm of a large workers’ compensation provider. The biggest challenge he …
Hub International Ltd. acquired the assets of Niedermeyer Risk Management LLC in Beaverton, Oregon. Jon Niedermeyer, CEO & managing partner of Niedermeyer Risk Management, and the Niedermeyer Risk Management team will join Hub Northwest. Niedermeyer Risk Management provides employee benefits …
