The U.S. Geological Survey says an earthquake with a preliminary magnitude of 3.7 has rattled an area south of Perry on Sept. 12. There were no immediate reports of injuries or damage following Friday morning’s earthquake. The USGS says the …
The Texas insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate. Insurance Commissioner Julia Rathgeber can reject any new rates that are deemed excessive …
Texas Windstorm Insurance Association this week is offering $500 million in unrated municipal debt as the Austin-based group girds for the hurricane season through November. The association, created by the Texas legislature in 1971 to be the windstorm and hail …
The University of Florida’s Athletic Department is scheduled to collect $1.8 million under a Lloyd’s of London insurance policy that covers the loss of ticket revenue in the event a home game is cancelled. The University of Florida Gators were …
Surplus lines broker J.M. Wilson announced the addition of Wendy Wotring as a sales and agency relations specialist for North Carolina and Tennessee. Wotring has held a variety of positions in the insurance industry over the past 25 years, 13 …
An ex-Clemson women’s soccer player has sued Tigers coach Eddie Radwanski, his assistants and several former teammates for a 2011 hazing ritual in which she says she was blindfolded and ran into a brick wall at the team’s playing field. …
ASCnet (Applied Systems Client Network) has changed its name to Applied Client Network. Based in Des Plaines, Ill., the association represents insurance agencies and brokerages that use Applied software worldwide. In conjunction with the name change, the association introduced a …
The National Football League will have to pay about $950 million to resolve players’ head-injury claims, based on estimates that fewer than one in five will seek compensation for injuries eligible for cash awards, according to a newly released report. …
Claims severity and demand for liability insurance will increase as economic growth accelerates and because of technological, social and regulatory changes, according to a new report from Swiss Re. Cyber risk, hydrofracking and autonomous cars will likely be among the …
Britain will become first Western government to issue an offshore bond in China’s renminbi currency, finance minister George Osborne said on Friday, deepening efforts to build financial links with the world’s No.2 economy. News of the bond came after Britain …
