Yearly Archives: <span>2023</span>

Takeaways from Our Conversation on Cannabis Price Volatility in 2023

Volatile cannabis flower prices in states with developed cannabis programs will impact insurance buying, while capacity will still be a challenge in 2023. Those were among the forecasts for the year from three subject matter experts. For our latest podcast …

7 Killed in Texas Highway Crash; 1 in Critical Condition

NEW BRAUNFELS, Texas (AP) – A young passenger of an SUV involved in a head-on collision on a Texas highway that left seven others dead remained in critical condition Tuesday. The crash between the SUV and a pickup truck that …

Louisiana’s Donelon Elected Chair of NAIC Southeast Zone

Louisiana Insurance Commissioner Jim Donelon was selected to chair the National Association of Insurance Commissioners (NAIC) Southeast Zone during the organization’s Fall National Meeting. Prior to his election as chair, Commissioner Donelon had served as secretary of the Southeast Zone. …

Suspect in Shootings in Northern California Was Agricultural Employee

An agricultural worker killed seven people in back-to-back shootings at two mushroom farms that had employed him in Northern California and the massacre is believed to be a “workplace violence incident,” officials said as the state mourned its third mass …

Hardening Construction Market Gives Way to Rise of Captives

Amid a historically hard construction market, middle and large-sized companies looking for alternatives to traditional insurance may turn to captives to find stable pricing and greater capacity. Captives, licensed (re)insurance companies owned by their insureds, carry appeal to construction businesses …

Attorney for La. Insurer Says Firm Working with Contractors to Find New Hurricane Claimants

An insurance defense attorney accuses the McClenny Moseley & Associates law firm of teaming up with restoration contractors to illegally acquire clients, which sometimes resulted in duplicate lawsuits being filed against insurers for claimants who were already represented by other …

Murdaugh Lawyers Want to Bar Lots of Evidence in Trial

Before testimony begins in South Carolina attorney Alex Murdaugh’s murder trial, defense lawyers will ask the judge to make a pair of key rulings this week that could strike a massive amount of evidence from the case. Prosecutors want to …

Texas Environmentalists Look to Crack Down on Methane Emissions

In a marathon three-day public hearing, close to 300 people across the country gave comments on the agency’s supplemental proposal to reduce methane in oil and natural gas operations. Many called in from Texas, New Mexico, Pennsylvania and other oil …

Vermont Workers’ Compensation Rates to Fall Again

Vermont businesses will see another rate decrease in workers’ compensation insurance in 2023. This will mark the seventh consecutive year of rate reductions. The loss cost decrease of an average 6.7%, which takes effect April 1, will save Vermont employers …

Sentry Teams Up With Motive For Commercial Trucking Telematics Program

Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will give customers up to 5% on their Sentry premiums for sharing their electronic logging device (ELD) and dash cam data from the …