Regional Focus

North Carolina Man Charged with 8 Counts of Insurance Fraud

A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts of obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a false statement on …

Uber to Cease Operations in Florida’s Broward County

The popular ridesharing service Uber has announced it is leaving Broward County, Florida. The company said July 6 that it will withdraw completely from the county on July 31. Uber had previously agreed to withdraw from the airport and port …

Report: Low Incidence of Southern Church Fires Caused by Arson

As social media buzzed about church fires in the South, investigators said July 2 that weather caused a destructive blaze at a predominantly black church in South Carolina. The State Law Enforcement Division said in a statement that investigators found …

People – South Central

Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men joined IBC in 2000 when IBC acquired Eddie M. Randol Insurance. …

$84.4M Farmers Insurance Settlement Approved by Texas Court

A Travis County, Texas, district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The case stems from a 2002 lawsuit by …

Drought Disappearing from Oklahoma, Texas After Record Rainfall

Record-shattering spring showers across Oklahoma have replenished lakes and reservoirs, helped farmers recover from a difficult year and eliminated any traces of a devastating drought that had gripped the state for five years. The latest figures from the U.S. Drought …

Insurer’s Refusal to Settle Can Lead to Bad Faith Liability

Did you know that that an insurer can be liable for bad faith failure to settle even if it never receives a firm settlement offer? The Louisiana Supreme Court recently ruled that it can and also that an insurer can …

People – East

Liberty Mutual Insurance promoted Jamie Trish to president of its Northeast Business Insurance operations. Trish will be responsible for the profitable growth of business in the region that includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island …

Regulator to Lawmakers: Leave Michigan Catastrophic Claims Association Funds Alone

Michigan’s top insurance regulator has taken a stance against a bill that would allow lawmakers to appropriate money for road projects from the state-created mechanism to reinsure unlimited medical benefits for auto accident victims under the state’s no-fault system. In …

New York Court: Flood Sub-Limit in Policy Applies to Delay Loss

The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the delay-in-completion losses by the flood peril after …

Regional Focus Archives by Month