Texas Workers’ Comp is Growing, Profitable, Adding Doctors December 2, 2024 By Jahna Jacobson Texas’s worker’s compensation market is stable and steadily growing. The workers’ comp market is one of the few consistently profitable...
Minnesota County to Pay $3.4M to Settle Suit Over Detainee’s Death December 2, 2024 Minnesota’s most populous county will pay $3.4 million to settle a lawsuit that alleged jail workers ignored the pleas of...
TWIA Board Reviews 2025 Budget After $455 Million Loss from Beryl December 2, 2024 The Texas Windstorm Insurance Association Board of Directors met in November to review information related to the agency’s 2025 budget....
New Hampshire High Court Invalidates Geico Underinsured Claim Provision December 2, 2024 By Andrew G. Simpson A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is...
Texas Agency Seeks $100M to Tackle Well Blowouts December 2, 2024 By Carlos Nogueras Ramos, The Texas Tribune Unable to keep up with the growing number of leaking and erupting wells in the state’s oil fields, the Texas...
New England Grocers Coping With Cyber Attack December 2, 2024 The Dutch company that owns Stop & Shop and Hannaford grocery stores across New England is dealing with a cyberattack...
AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual November 18, 2024 AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and...
Rating Firm Says Florida Insurers Will Weather the Storms. Cat Fund Can Handle Payouts to Insurers November 18, 2024 Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’...
Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income November 18, 2024 Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter...
Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Says November 18, 2024 Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the...