Spring Floods in U.S. Should Be Moderate Compared to Last Year: NOAA March 23, 2020 By Christina Larson Too often disasters come in threes. But the year of global pandemic and record wildfires in Australia will not also...
FEMA Tackles COVID-19 While Also Facing Past Disasters, Spring Flood Season March 23, 2020 By Leslie Kaufman and Brian K. Sullivan It wasn’t until Wednesday, five days after President Donald Trump declared a national emergency, that the Federal Emergency Management Agency...
Texas OKs Rate Changes for Texas FAIR Plan March 20, 2020 The Texas Department of Insurance has approved various rate changes for the Texas Fair Access to Insurance Requirements Plan Association...
Louisiana Suspends Legislative Session March 20, 2020 Louisiana has suspended its 2020 regular legislative session until March 31. State senators, representatives, stakeholders and citizens with an interest...
Avatar Partners Acquisition of Centauri in Hawaii Bolsters Ratings March 20, 2020 The Financial Stability Rating (FSR) of A, Exceptional, has been assigned to Centauri Specialty Insurance Co. in Hawaii due to...
Unconfirmed Tornado in North Texas Damages Roofs, Outbuildings March 20, 2020 At least one unconfirmed tornado tore through part of rural North Texas on Wednesday night, damaging numerous roofs and outbuildings,...
Wisconsin Urges Insurers to Be Flexible with Payments; Offers Guidance on Filings March 20, 2020 The Wisconsin Office of the Commissioner of Insurance (OCI) is asking insurers operating the state to offer flexibility to insureds...
Kansas Suspends ‘Deemed Approved’ Policy; Delays in Licensing, Filing Approvals Likely March 20, 2020 The Kansas Insurance Department reports that the agency has implemented alternative working arrangements for its staff, and that there will...
Cruel Paradox: Beating Virus Means U.S. Recession March 20, 2020 By Paul Wiseman The coronavirus is dealing a death blow to the longest U.S. economic expansion on record, triggering layoffs and putting intense...
European Insurers’ Coronavirus BI Claims Likely to Be Limited: Moody’s, ABI March 20, 2020 Insurers in the UK, France and Germany are likely to face only moderate business interruption (BI) claims as a result...