Korean Reinsurance Co. obtained approval on Feb. 18, 2020 to open a representative office in Bogota, Colombia. This move is in line with its corporate strategy to further diversify into the Latin American markets, the company said in a statement. …
The parents of a 6-year-old southern Illinois girl are suing local school officials, alleging that their daughter was sexually assaulted by another kindergartner during recess. The lawsuit names the Edwardsville School District 7 as the defendant and alleges that the …
Arizona leads the nation in auto glass claims despite being 14th in total population, according to the National Insurance Crime Bureau. Insurance industry data shows that between 2015 and 2019, 10% of the nation’s auto glass claims were in Arizona. …
Some South Carolina residents deliberately caused hit-and-run accidents while in Uber rides as part of an insurance scam, a car insurance company says in a lawsuit. The lawsuit from James River Insurance says 52 people were involved in an insurance …
Personal Umbrella – High Risk Drivers Market Detail: Indemnity Excess & Surplus Agency Inc. (www.ies-xs.com) offers personal umbrellas for high risk drivers. Eligible risks include operators with up to three violations and/or two accidents; operators of all ages; unlimited number …
The Arkansas Insurance Department’s Consumer Services Division (CSD) recovered $3,005,606 for consumers in 2019, the department said. Recoveries are dollar amounts recovered in excess of the amounts initially offered by insurance companies. CSD closed 2,320 cases in 2019 while receiving …
Texas has increased the eligibility of military spouses to be licensed as a surplus lines agent in the state, according to the Surplus Lines Stamping Office of Texas (SLTX). Under new rules adopted by the Texas Department of Insurance that …
“I had heard of apprenticeship programs for individuals in the trades, but not for individuals in a corporate environment. I knew right away this was the right opportunity for me. … After the first week, I could see that the …
Anticipated reinsurance rate increases for Florida-specific property insurance companies in the upcoming June 2020 renewal period potentially could pressure the more thinly capitalized companies in the market, according to an AM Best commentary released this month. In its “Florida Insurers …
Barbara Galgiani has spent her entire career specializing in both recreational and commercial marine industry – marinas, boat yards, hospitality, excursion boats and marine contractors. Roughly 90% of her revenue comes from this specialty. After working as an account manager …
