April 20, 2014
17 Apr 2014 09:00 Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America. It’s a potentially potent …
April 20, 2014
Starr Companies has received approval from the United States Department of Treasury to list Starr Indemnity & Liability Co. as an approved surety. The Treasury listing enhances Starr Financial Lines’ Crime & Fidelity product offerings. With the Treasury listing, Starr …
April 17, 2014
Authorities said the president of a roofing company in New Jersey pleaded guilty to providing false and misleading information to the company’s workers’ compensation carrier in order to avoid paying hundreds of thousands of dollars in insurance premiums that he …
April 17, 2014
Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past. Many of them filed …
April 17, 2014
State transportation officials marked the start of a nearly $2 billion construction program to improve and widen roadways in a ceremony on April 16 in Little Rock. The event officially kicked off the department’s Connecting Arkansas Program, a $1.8 billion …
April 17, 2014
Ohio is warning drivers considering work with a ridesharing service such as Uber or Lyft to understand the insurance implications. Rideshare companies operating in Columbus, Cincinnati and Cleveland use smartphone apps to connect potential passengers with drivers using their personal …
April 17, 2014
A system of severe weather moving through multiple Midwest states in early April brought tornadoes, hail, severe winds and flooding in Illinois, Kansas, Missouri and Texas. Farmers Insurance estimates that its expected claims volume from these states will total approximately …
April 17, 2014
ProHost USA, a Minneapolis, Minn.-based national program administrator specializing in restaurant insurance for 25 years, announced it is partnering with XL Group to provide packaged insurance coverages for fine dining and family restaurants. The exposures faced by high-end restaurants include …
April 17, 2014
Vermont’s Gov. Peter Shumlin signed new legislation updating Vermont’s captive law, amending the reciprocal insurer section and creating a new “dormant” status for captives. Officials said the new dormant status establishes an efficient mechanism and an option for captives that …
April 17, 2014
Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson University, Texas Southern University, the University of Texas Pan American, the …