Swiss Re Places $925M Cat Bond for California Earthquake Authority June 5, 2017 Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the...
Louisiana, Arkansas Enact Flooding Emergency Rules June 5, 2017 Both Louisiana and Arkansas recently enacted emergency regulations aimed at protecting insureds in the aftermath of devastating floods in those...
California Commissioner Lowers Workers’ Comp Pure Premium June 5, 2017 California Insurance Commissioner Dave Jones issued a revised advisory pure premium rate, lowering the benchmark to $2.02 per $100 of...
90% of Louisiana Parishes Declared Disaster Areas in Last 18 Months June 5, 2017 In advance of the start of the Atlantic hurricane season, the Louisiana Department of Insurance pointed out that over the...
South Carolina Insurance Director Farmer Elected as NAIC Secretary-Treasurer June 5, 2017 South Carolina Insurance Director Ray Farmer was elected to fill the position of secretary-treasurer of the National Association of Insurance...
Texas ‘Industrial Insureds’ Bill Signed into Law June 5, 2017 The Texas Legislature has passed a bill exempting certain commercial insureds from the requirement that agents make a “diligent effort”...
Study: Expected Increase in Tornadoes Raises Risk to Mobile Homes June 5, 2017 By Andrew G. Simpson Tornadoes and mobile homes don’t mix to begin with, but throw in the volatility of climate change and the potential...
Texas Senate Passes Texting While Driving Ban June 5, 2017 The Texas Senate on May 19 passed a measure banning texting while driving statewide. HB 62 by Midland Rep. Tom...
Alabama Workers’ Compensation Act to Remain in Place, For Now June 5, 2017 By Amy O'Connor Alabama’s workers’ compensation law, ruled unconstitutional by a county judge last month, will remain in effect for the immediate future....
Texas Workers’ Comp Research Group to Complete Report Card, Study Compound Drugs June 5, 2017 The Texas Workers’ Compensation Research and Evaluation Group has released its 2017 research agenda, a blueprint for its efforts to...