Louisiana Insurers Have Paid $13.1B on Ida Claims August 15, 2022 Louisiana insurers have paid or reserved to pay $13.1 billion on Hurricane Ida claims through June 30, 2022, the state’s...
Louisiana Roofing Contractor Fined $249,000 for Failure to Comply with Safety Standards August 15, 2022 A Baton Rouge, Louisiana roofing contractor who ignored federal safety inspectors’ February 2022 warnings that not complying with required fall...
California Insurance Commissioner: Mercury Steered ‘Good Drivers’ Toward Higher-Priced August 15, 2022 California Insurance Commissioner Ricardo Lara announced a legal action in early August against Mercury Insurance for reportedly violating consumer protection...
U.S. Crop Writers Post Record Premium Growth: AM Best August 15, 2022 Premiums in the federal multi-peril crop insurance (MPCI) program surged in 2021 to a record high of $14.9 billion, an...
Pipeline Company to Pay Nearly $1M for California Oil Spill August 15, 2022 The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern California...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 15, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Wife of Former Texas Trucking Magnate Charged in Workers’ Comp Fraud Scheme August 12, 2022 The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced last week that Francis Hall, the former co-owner of...
Cause Sought for Indiana House Explosion That Killed 3, Damaged 39 Homes August 12, 2022 Authorities worked Thursday to determine the cause of a house explosion in a southern Indiana neighborhood that killed three people...
Dutch Insurer NN Group’s H1 Profit Slips on Impact of Storm Claims August 12, 2022 NN Group’s core profit fell 12.1% year-on-year in the first half of 2022, the Dutch insurer said on Thursday, citing...
People: McGriff Names Hodo as Chief Strategic Growth Officer August 12, 2022 Truist subsidiary McGriff, an insurance broker, has announced that Doug Hodo will rejoin the firm as chief strategic growth officer,...