Florida Agents Join Consumer Advocate in Fight Against Contractor Fraud April 6, 2021 By Amy O'Connor As Florida insurers focus on addressing mounting losses in the state’s property insurance market with legislative reforms, rising rates and...
Oklahoma, Farmers Insurance Reach $25M Settlement Over Earthquake Claims April 5, 2021 Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say....
Palomar Holdings in California Closes $400M Cat Bond with Torrey Pines Re April 5, 2021 La Jolla, Calif.-based Palomar Holdings Inc. announced that through its wholly-owned subsidiaries, Palomar Specialty Insurance Co. and Palomar Excess and...
Marsh & McLennan Agency Acquires PayneWest in Montana April 5, 2021 Marsh & McLennan Agency LLC has acquired Missoula, Mont.-based PayneWest Insurance. Terms of the deal were not disclosed. PayneWest will...
Federal Court Won’t Intervene in Applied Underwriters Case Against California Regulator April 5, 2021 A California federal court has declined to get involved with a lawsuit that Applied Underwriters and the California Insurance Co....
People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs April 5, 2021 American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the...
Louisiana Treasurer Says $700K from 2010 BP Oil Spill Settlement Unclaimed April 5, 2021 Louisiana’s treasurer says the state is holding more than $700,000 that has so far gone unclaimed by people and businesses...
Hurricane Center: Delta Caused $2.9B in Damage April 5, 2021 By Rebecca Santana Hurricane Delta, which made landfall in southwestern Louisiana in early October 2020 about 11 miles from where the devastating Hurricane...
Northwest Louisiana Shaken by 3.0 Mag Quake April 5, 2021 A minor earthquake early on March 30 shook Northwest Louisiana, the U.S. Geological Survey and the U.S. Department of the...
Indiana State Regulators Fine CenterPoint for $900K for Pipeline Violations April 5, 2021 Indiana regulators have fined CenterPoint nearly $900,000 for natural gas pipeline violations the utility previously known as Vectren committed in...