Kentucky Braces for Heat After 4,300 Homes Damaged and 37 Killed in Floods August 3, 2022 By Staff and Wire Reports The rain that unleashed massive floods in Appalachian mountain communities diminished on Tuesday, leaving survivors to face a new threat:...
Two Bankers Insurance Firms Withdraw Ratings; Florida OIR Offers Info on Backstop August 3, 2022 By William Rabb The Demotech financial review firm has withdrawn the stability ratings for two more property insurance companies, Bankers Specialty Insurance and...
West Virginia Cities, Counties Reach $400M Settlement with Drug Firms August 3, 2022 West Virginia cities and counties reached a $400 million tentative settlement with three major U.S. drug distributors, lawyers announced Monday....
Miami, Like Connecticut, Installing Smart Signs to Prevent Wrong-Way Drivers August 2, 2022 By Staff and Wire Reports Miami-Dade County officials, like Connecticut authorities, are investing heavily in new, flashing road signs after a spate of wrong-way crashes...
Demotech Downgrades Three in Florida; AM Best, KBRA Say They’re Available August 2, 2022 By William Rabb Just two weeks after the Demotech financial rating firm set off a firestorm of controversy by warning that it could...
Kentucky Agents Report Few Properties Have Flood Insurance in Widespread Devastation August 1, 2022 By Staff and Wire Reports Insurance agents in flooded parts of Kentucky reported Monday that their towns had been inundated with river water and mud...
Florida People Moves: DeSantis Reappoints Knight to Citizens Board August 1, 2022 Florida Gov. Ron DeSantis has reappointed venture capitalist Erin Knight to the Citizens Property Insurance Corp. board of governors, the...
Blue Cross Sues Mississippi Med Center Officials for Defamation August 1, 2022 Blue Cross & Blue Shield of Mississippi on Thursday said it was suing three employees of the University of Mississippi...
Another View on Florida Ratings Flap; and Petrelli Calls Citizens Re Idea ‘Creative’ August 1, 2022 By Scott Johnson The recent brouhaha regarding Demotech and its Financial Stability Ratings (FSRs) of as many as 20 Florida insurers has now...
Tank Explosion Severely Burns Six Workers in Mississippi August 1, 2022 Six workers suffered severe burns following a Friday morning explosion at a oil drilling storage tank in central Mississippi. The...