The remnants of Tropical Cyclone Mocha have moved further inland over Myanmar after coming ashore Sunday with winds of 155 miles per hour on the US wind scale. At its peak the winds reached 175 mph, tying it with 2019’s …
A federal appeals court on Monday rejected Elon Musk’s bid to modify or end his 2018 securities fraud settlement with the U.S. Securities and Exchange Commission that required a Tesla Inc lawyer to approve some of his tweets in advance. …
The New Zealand government said on Sunday it was allocating NZ$1.1 billion ($720 million) to help communities recover from a cyclone and floods that lashed the country this year. The funds from the 2023 budget are to cover “basics” of …
This post is part of a series sponsored by InsurBanc. Applying for an agency loan can be stalled by poor financial reporting practices. Here’s what lenders expect. I was recently reviewing a loan application from an independent insurance agency when …
A movement to establish professional standards for public adjusters gained ground this year, with lawmakers in five states passing bills that impose new controls over a trade that already requires a license in 46 states. Brian S. Goodman, general counsel …
Florida’s governor has signed into law a bill that could help reduce premiums for the dwindling number of roller-skating rinks in the state. Senate Bill 1458, sponsored by state Sen. Clay Yarborough, R-Jacksonville, and others, absolves skate rinks of liability …
Even before the Florida Legislature adopted the Insurer Accountability Act of 2023, requiring insurers to stop altering independent adjusters’ damage estimates without providing transparency, a number of Florida property insurers and adjuster firms stopped the practice on their own, said …
The Workers’ Compensation Insurance Rating Bureau of California issued its Quarterly Experience Report, an update on California statewide insurer experience valued as of Dec. 31, 2022. Highlights of the report include: California written premium in 2022 was 14% above that …
Connecticut state police are seeking witnesses as investigators try to determine the cause of a crash that killed four people on Interstate 95 in Stamford. All four victims were in an SUV that rear-ended a tractor-trailer that had slowed for …
Crest Insurance of Fort Collins welcomes Jason Weaver to their team as an employee benefits consultant. Weaver previously worked as a benefits specialist at Pinnacle Financial Services and founded and operated Mountain Plains Benefits. In 2019, he joined Colorado Insurance …
