Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges August 28, 2023 By Ezra Amacher Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of...
Kansas’ MutualAid eXchange Declared Insolvent, Placed into Liquidation August 28, 2023 By Ezra Amacher The District Court of Shawnee County, Kansas has declared MutualAid eXchange (MAX) insolvent, and the company has been placed into...
Missouri’s Cameron Mutual Placed Into Rehabilitation August 10, 2023 By Ezra Amacher Cameron Mutual Insurance Company and its wholly owned subsidiary, Cameron National Insurance Company, were placed into rehabilitation this week by...
GAO Urges Changes to NFIP as Study Highlights Potential $27B Shortfall August 2, 2023 By Ezra Amacher FEMA’s National Flood Insurance Program (NFIP) substantially improved ratemaking by implementing Risk Rating 2.0 in 2021 but the program faces...
Arkansas Schools Face 130% Increase in Property Premiums, Seek Financial Assistance July 24, 2023 By Ezra Amacher An Arkansas subcommittee last week approved Gov. Sarah Huckabee Sanders’ request for close to $11 million from the state’s restricted...
Over 17,000 Policies Written Through Insure Louisiana Incentive Program July 24, 2023 By Ezra Amacher Insurance companies have written more than 17,000 policies through the Insure Louisiana Incentive Program as of May 31, Commission Jim...
More Than 17 Million Properties Face Substantial Flood Risk: Study July 17, 2023 By Ezra Amacher More than half of the U.S. population resides in a county that is likely to experience stormwater system failure due...
Insurance Agency EverQuote to Lay Off Nearly 100 Employees July 11, 2023 By Ezra Amacher Online insurance agency EverQuote will lay off nearly 100 employees at its Evansville, Indiana office as part of plans to...
Study: 96% of Injured Texas Workers Return to Work Within Three Years July 11, 2023 By Ezra Amacher More than 9 in 10 injured Texas employees returned to work within one year post-injury and 96% returned to work...
More Than 17 Million Properties Face Substantial Flood Risk: Study July 3, 2023 By Ezra Amacher More than half of the U.S. population resides in a county that is likely to experience stormwater system failure due...