July 1, 2019
A new law in Louisiana aims to ensure that auto insurance policyholders have the option to choose a particular motor vehicle repair shop. Under Act 317 (House Bill 411), which has been signed by Gov. John Bel Edwards, insurers are …
July 1, 2019
An Atlanta-area police chief was appointed by Georgia’s governor last month to head the state’s insurance commission after the previous commissioner was indicted on federal charges. Republican Gov. Brian Kemp announced that Doraville Police Chief John King will fill the …
July 1, 2019
Two more carriers are planning to lower their auto insurance rates in Louisiana, the state’s insurance department reported in June. Both Progressive Security Insurance Co. and Louisiana Farm Bureau have filed to reduce auto insurance premium rates in Louisiana. The …
July 1, 2019
The Kentucky Supreme Court has ruled that a damage waiver signed by a parent at a trampoline park does not protect the park from liability in the case of an injured child. The Courier Journal reports that the court said …
July 1, 2019
Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. That amount includes a $111 million deposit into the organization’s Catastrophe Reserve …
July 1, 2019
Accelerating erosion is forcing villages in western Alaska to begin making plans to move, officials said. Erosion caused by climate change threatens village infrastructure and could force the relocation of communities such as Quinhagak, Alaska’s Energy Desk reported. A 2012 …
July 1, 2019
Earthquake coverage is available mostly from private insurance companies. In California homeowners can also get coverage from the California Earthquake Authority (CEA), a privately funded, publicly managed organization. Only about 10 percent of California residents currently have earthquake coverage, down …
July 1, 2019
A Utah-based movie-filtering company has been ordered to pay more than $62 million to Disney and other Hollywood studios. A California jury decided the damages last month against the company VidAngel, which had ripped the movies from DVDs and then …
July 1, 2019
Whether technology is driving a “one size fits all” underwriting approach or carriers are narrowing their strike zone, this year’s independent agency survey from Channel Harvest reveals agents continue to ding companies for lack of flexibility. The latest Channel Harvest …
June 28, 2019
A fast-moving fire roared through several homes in a northern New Jersey neighborhood, injuring six firefighters and displacing nearly 50 residents. The fire in Paterson began around 1:30 a.m. Tuesday in a home on Summer Street and quickly spread to …