Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best September 20, 2024 By Ezra Amacher The U.S. property/casualty mutual segment has leaned on investment income to maintain strong overall financial performance and grow surplus in...
Report: Over 250,000 US Properties Have Repeated NFIP Claims September 19, 2024 By Ezra Amacher More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program...
Contractor Agrees to Iowa Consent Order Regarding Unlicensed Public Adjusting September 6, 2024 By Ezra Amacher The Iowa Insurance Division entered into a consent order with a Midwest roofing contractor on Sept. 5 following a June...
Atlantic Hurricane Season Could Intensify in Coming Weeks, Meteorologists Say August 28, 2024 By Ezra Amacher AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and...
Missouri Football Field to Feature Shelter Insurance Logo in New Form of Advertisement August 28, 2024 By Ezra Amacher When the nationally ranked University of Missouri Tigers football team takes the field Thursday for its season opener against Murray...
Insurers’ Losses from Hurricane Beryl Will be ‘Readily’ Absorbed August 5, 2024 By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing...
Higginbotham Exec Marc Spivey Cheers on Daughter Competing in 2024 Olympics July 30, 2024 By Ezra Amacher Clients who try to reach Higginbotham executive Marc Spivey this week will be met with an unusual out of office...
Houston City Council Approves Plan to Increase Federal Flood Insurance Discounts July 25, 2024 By Ezra Amacher Houston residents could see a greater discount on their federal flood insurance premiums as soon as next spring after the...
AM Best Withdraws Credit Ratings for Mt. Morris Mutual Following Downgrade July 24, 2024 By Ezra Amacher AM Best announced it has withdrawn credit ratings of Mt. Morris Mutual Insurance Company in Coloma, Wisconsin, less than a...
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...