Court Orders Liquidation of American Capital; Policies to Cancel May 14 April 22, 2021 Florida-based American Capital Assurance Corp. is officially in receivership and is in the process of being liquidated after being deemed...
Oklahoma Bill Would Create Workers’ Comp Assigned Risk Plan April 21, 2021 A bill working its way through the Oklahoma Legislature would allow for the creation of an assigned risk plan providing...
Ratings of Hallmark Financial Services, Subsidiaries Under Review April 21, 2021 AM Best has placed under review with developing implications the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” and the...
Oklahoma Cybercrime Legislation Headed to Governor April 21, 2021 A bipartisan solution to address the proliferation of cybercrime has unanimously passed the Oklahoma Senate. House Bill 1759, authored by...
Louisiana Bills Promote Private Flood Insurance, Target Staged Accidents April 20, 2021 Louisiana insurance regulators have proposed separate pieces of legislation that would promote the writing of private flood insurance in the...
First United Insurance Division Rebrands as Unity Insurance Partners April 20, 2021 Unity Insurance Partners is now the name of the insurance division at Plano, Texas-based financial services firm, First United. First...
Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm April 19, 2021 As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that...
Police to Demand Texas Tesla Crash Data; Musk Denies Autopilot Use April 19, 2021 By David Shepardson and Hyunjoo Jin Texas police will serve search warrants on Tesla Inc. on Tuesday, April 20, to secure data from a vehicle that...
Texas House OKs Bill Allowing Carrying of Handguns in Public Without Permit April 19, 2021 By Paul J. Weber Texas handgun owners would no longer need a license or training to carry their weapon in public under a bill...
Search for Crew Members Missing from Capsized Lift Boat in Gulf Continues April 19, 2021 For a sixth day, rescue crews returned April 18 to a capsized lift boat in the Gulf of Mexico off...