1 month 4 weeks ago
The agency network, SIAA, today announced the launch of a new artificial intelligence optimization platform called SIAA NXT, a platform that combines a suite of solutions and services designed to help members and partners connect and grow in an increasingly …
Andrea Wells
1 month 4 weeks ago
Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, has acquired Tassey Group Insurance in Berlin, which is about 115 miles north of Concord. Davis & Towle also announced the merger of Tassey Group with Davis & Towle affiliate …
1 month 4 weeks ago
New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequate cybersecurity controls allowed hackers to …
1 month 4 weeks ago
The Trump administration sanctioned more than a hundred companies and individuals in Southeast Asia linked to online investment scams that have fleeced US victims of billions of dollars in recent years. The Treasury Department — in collaboration with the UK …
Admin
1 month 4 weeks ago
Chamberlain Named Small Commercial Operations and Service Solutions Leader Nationwide has tapped Joe Chamberlain to lead its small commercial operations and service solutions organization. Chamberlain has over 30 years of underwriting and operations leadership experience in the insurance industry. Most …
1 month 4 weeks ago
A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tuesday. The report from …
1 month 4 weeks ago
The managing general agent (MGA) market is in the spotlight as one of the most agile and innovative arrows of growth for the insurance sector. But as with any arrow, direction and precision matter. Fired without the right discipline, it …
Admin
1 month 4 weeks ago
A new property/casualty insurance industry survey report reveals some of the key challenges that independent agents are facing, including providing quotes within customers’ expected time frames—or finding insurance capacity at all in some areas. Almost nine-out-of-10 agents surveyed by First …
1 month 4 weeks ago
The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. Simultaneously, pending congressional legislation stands to transform the Federal Emergency Management Agency’s (FEMA) Public Assistance (PA) program. …
Admin
1 month 4 weeks ago
The Mississippi Supreme Court this month declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The court …
William Rabb
1 month 4 weeks ago
In what is being seen as a significant win for property insurers, a Florida appeals court last week found that Universal Property and Casualty Insurance Co. did not breach the insurance contract when it paid just $8,125 on a homeowner’s …
William Rabb
1 month 4 weeks ago
A new economic impact report from the California Department of Insurance shows that insurance companies contracting with small and diverse-owned businesses contributed a total economic output of $6.7 billion to the state’s economy, supporting more than 29,000 jobs and generating …
1 month 4 weeks ago
Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down. Cruz, now a 61-year-old living in Arizona, had spent five years working in the environmental department when Powerine Oil …
Admin
1 month 4 weeks ago
When snow covers the frozen ground, and most South Dakota farmers have sold or stored their products for the season, the operators of Cedar Creek Gardens are still able to grow vegetables and harvest a lucrative crop. Located in a …
Admin
1 month 4 weeks ago
Wisconsin Insurance Commissioner Nathan Houdek issued a final decision to impose civil forfeitures of $6,000 after finding that a contractor was acting as a public adjuster under Wisconsin law, which subjected him to the standards of Wis. Stat. ch. 629, …
1 month 4 weeks ago
Texas camp owners on Friday urged the state health agency to give them more time and flexibility on costly new safety requirements, saying they could be forced to close by next summer. “We support the goal of making camps safer,” …
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1 month 4 weeks ago
Water shortages in South Texas are posing major risks to a fast-growing industrial hub that’s crucial to President Donald Trump’s twin goals of dominating global energy markets and slashing trade deficits. Corpus Christi, a Gulf Coast city 400 miles (640 …
Admin
1 month 4 weeks ago
There’s something fundamentally American about the freedom to get in your car and drive. Driving is self-determination. The liberty to set your own course. The power to move under your own willpower, whether for duty or sheer pleasure. Despite some …
Admin
1 month 4 weeks ago
Florida-based insurance broker King Risk Partners announced it has acquired Jenkins Insurance, an independent insurance agency based in Harrisonburg, Virginia. Jenkins Insurance has been serving Harrisonburg, Rockingham, and the surrounding regions of Virginia for more than 40 years. The agency …
1 month 4 weeks ago
A construction firm owner in Miami greatly underreported his company’s payroll, defrauding a workers’ compensation insurer of more than $380,000 in premiums, Florida authorities said Monday. Jose Arias-Reyes, president of AR Carpentry Services, is an illegal alien who has twice …