The Insurance Council of Texas (ICT) has teamed with HailWatch to provide a detailed look at geographic locations that may have been impacted by severe hail caused by violent thunderstorms. ICT news releases on storms designated as weather catastrophes will …
Missouri lawmakers have approved new regulations, including fees and an insurance requirement, for people who raise wild animals such as lions, bears and tigers. Legislation sent to the governor will require anyone possessing, breeding or transporting large carnivores to get …
Surplus lines wholesaler and managing general agency, U.S. Risk Insurance Group Inc., has named JoAnna Kearns a broker/underwriter in the U.S. Risk Brokers Austin, Texas, office. Kearns has nearly 10 years of insurance experience in the excess and surplus Lines …
The Illinois Senate has confirmed Mitch Weisz as chairman of the Illinois Workers’ Compensation Commission. Gov. Pat Quinn appointed Weisz chairman in March and he has served as acting chair since that time. Weisz worked as an attorney concentrating in …
A federal jury has awarded a Jonesboro, Ark., church $43.6 million in its lawsuit against an insurance group that wasn’t licensed or authorized to sell insurance. Old St. Paul Missionary Baptist Church in West Memphis sued First Nation Insurance Group …
After significant catastrophe losses in first quarter 2010, U.S. property/casualty insurers and global reinsurers are hoping their balance sheets don’t face further financial risks, even as conditions appear ripe for the upcoming hurricane season to be potentially as active as …
The investigation into a series of explosions at a gun and ammunition manufacturing plant in far northern New Hampshire that killed two people has led to one machine, the state’s fire marshal said Saturday. Bill Degnan said that the investigation …
Standard & Poor’s Ratings Services has lowered its counterparty credit and senior unsecured debt ratings on Los Angeles-based Mercury General Corp. to ‘BBB+’ from ‘A-‘. S&P also lowered its counterparty credit and financial strength ratings on Mercury Casualty Co. and …
A Connecticut teenager and her mother have agreed to pay $1.1 million to the family of a toddler who drowned while the girl was baby-sitting. The New Haven Register reports that Cheshire Probate Judge Raymond Voelker approved the settlement Wednesday …
The University of Reading’s Walker Institute and the Willis Research Network (WRN), part of Willis Group Holdings, have announced the creation of a new Chair [Professorship], the Willis Professor of Climate and Weather Risk for Insurance, at the university’s Climate …
