The Livingston Parish School Board will cut the district’s property insurance coverage in half to keep from paying an additional $224,000 in annual premiums. The Advocate reports the board voted unanimously to lower the district’s property insurance policy limit from …
Copper thieves tore out electrical systems at a Wichita industrial park, causing about $750,000 in damage. The theft was reported Sept. 14 at Kamen Industrial Park in Wichita. Police said the vandals stole about 2,000 feet of copper wiring. The …
Cutting property coverage in half could help the Tangipahoa Parish School Board in Louisiana save nearly $60,000 in overall insurance premiums this year. That’s the recommendation from the board’s Finance Committee. The Advocate reports the committee on suggested dropping coverage …
Lexington Insurance Company has introduced Law and Ordinance Upgrade, a new enhancement that is available to Lexington’s higher education, healthcare and commercial real estate property policyholders. In the event of a covered loss, Law and Ordinance Upgrade covers costs to …
Chartis has increased its commercial property per-risk capacity to $1.5 billion on a worldwide basis. This level of capacity had previously been available to Chartis’ North American domiciled clients, underwritten by Lexington Insurance Co. The increased global capacity now supports …
A southwest Ohio restaurant owner has been convicted of insurance fraud for two reported break-ins that authorities say were staged. Forty-four-year-old Eva Christian could face up to 17 years in prison when sentenced June 6. She was convicted on two …
