2 months 2 weeks ago
It was once known as Anchor Property & Casualty Insurance Co., based in St. Petersburg, Florida, and launched in 2014. Then it was known as another Florida carrier that had slipped into financial troubles and was placed into an orderly …
William Rabb
2 months 2 weeks ago
A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists in New Hampshire pleaded guilty and was sentenced Monday for driving under the influence in Connecticut a month before the deadly crash — an offense that …
Admin
2 months 2 weeks ago
New York State’s Inspector General said her office identified $2.7 million in workers’ compensation fraud in 2024, a nearly 30% increase compared to 2023. Inspector General Lucy Lang also reported there were 14 arrests for workers’ compensation fraud, also a …
2 months 2 weeks ago
The Newark fire department’s lack of training and familiarity with marine firefighting during a deadly cargo ship fire at the East Coast’s largest port in July 2023 amounted to a “failure of leadership,” the head of the National Transportation Safety …
Admin
2 months 2 weeks ago
Gov. Gavin Newsom signed new legislation on Monday that will provide more than $170 million in state funding to help prevent wildfires while signing an order aimed at speeding up the work by easing environmental permitting. The funding — which …
2 months 2 weeks ago
A U.S. judge blocked President Donald Trump’s administration on Tuesday from freezing billions of dollars in grants Congress authorized under climate investment and infrastructure laws of his Democratic predecessor, former President Joe Biden. U.S. District Judge Mary McElroy in Providence, …
Admin
2 months 2 weeks ago
Vermont Governor Phil Scott recently announced several leadership appointments including Kaj Samsom as commissioner of the Department of Financial Regulation (DFR). Prior to his appointment, Samsom served as chief auditor at the National Life Group. Samsom has 14 years of …
2 months 2 weeks ago
Tesla Inc. is no longer selling the majority of new electric cars registered in California, the state that accounts for almost a third of all zero-emission vehicle purchases in the US. The company’s share of EV sales in the state …
Admin
2 months 2 weeks ago
The Federal Emergency Management Agency has denied Washington state’s request for emergency relief funds to help repair an estimated $34 million in damage from a deadly bomb cyclone storm system in November, according to Gov. Bob Ferguson. Ferguson said in …
Admin
2 months 2 weeks ago
The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a report from AM Best. “Excess and surplus …
L.S. Howard
2 months 2 weeks ago
A consumer advocacy group has sued the California Department of Insurance and Commissioner Ricardo Lara to block hundreds of millions of dollars in surcharges that could soon appear on California homeowners’ insurance bills. Consumer Watchdog said in a press release …
Allen Laman
2 months 2 weeks ago
The Louisiana legislative session is underway this week in Baton Rouge, where lawmakers are primed to address the state’s insurance affordability crisis. Governor Jeff Landry and Insurance Commissioner Tim Temple both have made it clear that insurance reform is a …
Ezra Amacher
2 months 2 weeks ago
California Governor Gavin Newsom sued to halt Donald Trump’s tariffs, setting up a high-stakes legal challenge to the president’s landmark effort to overhaul global trade. The state is challenging Trump’s use of emergency powers to enact broad tariffs against Mexico, …
Admin
2 months 2 weeks ago
Prosecution of widespread crop insurance fraud in Kentucky has continued with the indictment of a tobacco warehouse manager who allegedly facilitated some of the schemes. Thomas H. Kirkpatrick, manager of Farmers Tobacco Warehouse in Danville, conspired with at least four …
2 months 2 weeks ago
When they boarded a small plane bound for upstate New York this past weekend, the six passengers — a pair of close-knit siblings, their parents and partners — were on the cusp of a new chapter in a family life …
Admin
2 months 2 weeks ago
Texas is growing. People are moving to the state in droves. Companies want to build their facilities here. Sustaining the growth will require nearly double the electricity the grid deploys today. The state’s grid operator can meet the moment, Pablo …
Admin
2 months 2 weeks ago
Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes, according to a new KCC white paper. While we usually think of California and other western states—especially since the devastating LA wildfires in January—KCC …
2 months 2 weeks ago
King Risk Partners, based in Gainesville, Florida, has acquired Watts, Dawson & Associates, an independent agency with offices in Temple Terrace and Valrico, Florida. The move expands King Risk’s presence in Florida, the company said in an announcement this week. …
2 months 2 weeks ago
A St. Louis, Missouri man who allegedly defrauded insurance companies by staging vehicle accidents and injuries was sentenced to 18 months in prison and ordered him to pay $107,951 in restitution, the U.S. Attorney’s Office, Eastern District of Missouri announced. …
2 months 2 weeks ago
Inszone Insurance Services announce its second acquisition in the state of Kansas with the addition of Munson Insurance Agency, located in Arkansas City, Kansas. This milestone further strengthens Inszone’s presence in the Midwest and demonstrates its commitment to serving Kansas …