Update: Adjusters-as-Appraisers Contracts Are Voided by Fee Cap, Florida Appeals Court Says September 7, 2023 By William Rabb Public adjusters cannot double as appraisers in claims disputes if their total fees exceed the statutory cap, a Florida appeals...
Nevada Division of Insurance Recovers $6.1M in 2023 September 7, 2023 The Nevada Division of Insurance announced it recovered over $6.1 million in Fiscal Year 2023. The Division’s Consumer Services and...
Roman Bust Seized from Massachusetts Museum in Ongoing Investigation September 7, 2023 A bronze bust believed to depict the daughter of an ancient Roman emperor has been seized from an art museum...
SAIF in Oregon Declares $135M Dividend for Policyholders September 7, 2023 The SAIF board of directors declared a $135 million dividend for its policyholders, marking the 14th straight year SAIF has...
Loss Trends for Severe Convective Storms September 7, 2023 By L.S. Howard Loss trends for severe convective storms (SCS) have increased over the past 15 years and even more during the past...
The Care and Feeding of Property-Catastrophe Models September 7, 2023 By L.S. Howard Executive summary: The key to getting useful model results is working with models that fit specific underwriting needs and making...
People Moves: Nutter to Retire as RAA President; Covington Appointed to Take the Helm September 6, 2023 The Reinsurance Association of America (RAA) on Wednesday said its long-time president, Frank Nutter, will retire at the end of...
People Moves: VIAA Names Thornton to New Development Role September 6, 2023 VIAA Names Thornton to New Development Role Valley Insurance Agency Alliance (VIAA), headquartered in St. Louis, Mo., named Michael Thornton...
People Moves: Texas Mutual Makes New Board Member Appointment and Two Reappointments September 6, 2023 Texas Mutual Makes New Board Member Appointment and Two Reappointments Texas Gov. Greg Abbott has appointed Gary Gibson of Houston...
Novatae Acquires Arkansas’ American Management Corporation September 6, 2023 Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1,...