Features

North Texas Hit with Tornadoes, Large Hail

The National Weather Service said as many as 12 tornadoes and hail the size of softballs pounded portions of north Texas during the weekend of April 24 – 26. The Insurance Council of Texas reported that the storms turned violent …

What Agents Think About Google Compare

The independent agency system is no stranger to competition. But one new competitor in the marketplace has some agents and industry experts on watch. Google Compare – which stepped into the insurance ring in March – is nothing more than …

Rough Patches Aside, Oklahoma Comp Reform Works, Advocates Say

In his resignation letter to the governor, the first chairman of the Oklahoma Workers’ Compensation Commission admitted that mistakes had been made in transitioning the state’s workers’ comp system from a court-driven system to an administrative one. But Troy Wilson …

‘Hungry’ Insurers Continued to Cut Commercial Prices in Q1: CIAB

Insurance brokers report that the commercial property/casualty market continued to soften in the first quarter of 2015, with large accounts seeing the biggest price declines. On average, small, medium and large accounts fell 2.3 percent, compared with a decline of …

Washington Commissioner Says Hole-in-One Insurance Scammer at it Again

It appears hole-in-one insurance scammer Kevin Kolenda has been at it again, according to detectives in Washington Insurance Commissioner Mike Kreidler’s office. Kolenda was arrested in mid-April in Norwalk, Conn., during a search of his residence. Kreidler’s detectives worked in …

Independent Agents Identify Business Opportunities for Carriers

Most independent insurance agents are impressed by the carriers they place business with – but most also are interested in adding new company partners. This is one of the preliminary findings of a recent national survey of independent agents conducted …

Earthquake Fault Puts California at Risk for Tsunami

Scientists say the earthquake fault that runs through the coastal city of Ventura, Calif., can produce strong shaking and dangerous tsunamis, prompting state officials to study whether to revise hazard maps. The new research shows the Ventura fault is more …

10 Things to Know About Recreation & Leisure

Children ages 5 to 14 accounted for 52 percent of the football injuries treated in emergency rooms in 2012. – National Safety Council In 2013, the Coast Guard counted 4,062 accidents involving 560 deaths, 2,620 injuries and roughly $39 million …

Erie Insurance Receives FAA Approval to Use Drones

Erie Insurance announced on April 15 that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the company’s claims and underwriting processes. The FAA …

FedEx Faces Wyoming Suits After Trucks Kill Nearby Drivers

Two lawsuits have been filed against FedEx Ground Package Systems claiming the shipping giant substantially contributed to the deaths of Cheyenne, Wyo., residents. The families of two people who died in a head-on collision on I-80 east of Cheyenne claim …

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