West Virginia’s attorney general has accused one of the nation’s largest pharmaceutical drug wholesalers of flooding the state with tens of millions of prescription pills in violation of state law. Attorney General Patrick Morrisey on Jan. 8 announced a lawsuit …
Results of Mississippi’s Clarity Act Data Call are in and they confirm what insurance experts in the state say they already knew: insurers are not overcharging coastal residents in Mississippi. In fact, many Mississippi homeowners insurers are actually losing money …
The South Carolina Department of Insurance (SCDOI) has advised insurers to continue to report P&C claims as per the data call issued for the October 2015 flood event and its aftermath. The data call was originally issued Oct. 13, 2015 …
What will the insurance industry be like in 15 years? The future will arrive whether the industry is ready or not. And while even so-called experts are no better than the average person in predicting it, what’s most important about …
Dallas-based risk management consulting and insurance agency, Dexter & Company, has promoted Royce DeRouen and David Rambie to executive roles. In his new role as senior vice president, DeRouen oversees the Risk Management Consulting division and leads a team of …
Safety concerns over the hoverboard, a popular recreational transportation device that despite its name doesn’t hover but rather rolls forward and back like a sideways skate board, have prompted an investigation by federal product safety regulators. Explosions and fires are …
Almost all of the Orleans Parish homeowners who buy coverage from the state insurer of last resort could see their rates drop 6.3 percent if the Louisiana Insurance Department approves proposed rate reductions. The Advocate reports a mix of rate …
The surplus lines stamping fee rate in Texas increased at the beginning of year to 0.15 percent of the gross premium amount of surplus lines insurance policies. It’s the first change in the stamping fee for many years, according to …
The rate of commercial truck-involved fatalities is declining, an industry trade group says. The American Trucking Associations reports that its analysis of federal Department of Transportation data shows safety improvements in the industry over both long- and short-term periods. “America’s …
With food recalls on the rise and the threat to food security growing, food manufacturers are going to want to know more details about farmers’ and ranchers’ food safety and security practices, an agribusiness insurance expert told attendees at the …
