Daily Archives: <span>August 18, 2016</span>

BTIS Announces Launch of New Online Commercial Auto Program

Rocklin, CA, August 18, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30 states. “We’ve been committed to the small artisan contractor for …

Kentucky Man Awarded $21M for ‘Unnecessary’ Heart Procedures by Hospital

A jury has determined that a hospital in London, Kentucky, and its parent company should pay $21.2 million to a Corbin man who received unnecessary heart procedures. The Lexington Herald-Leader reports that the jury ruled August 10 St. Joseph Health …

South Carolina Approves Updated RMS North Atlantic Hurricane Models

Versions of global catastrophe risk management firm RMS’ North Atlantic Hurricane Models have been approved by South Carolina’s Department of Insurance for the purpose of residential rate filings. Approval for the hurricane model versions 15.0 and 15.0.1 was provided on …

Debt Collectors Cleared to Avoid Liability by Buying Out Claims

Can a debt collector accused of crossing the line avoid liability by buying a consumer’s legal claim out from under her? A federal judge in Las Vegas said yes. The case deserves attention because if the U.S. Court of Appeals …

Uber to Reunite with Alabama College Towns

The ridesharing service Uber plans to return to two Alabama cities this week as students return to college campuses. Local media report that city officials in Auburn and Tuscaloosa have approved ordinances in recent weeks that satisfy the company. Uber …

Florida Insurers UPC Insurance, American Coastal Insurance Enter Merger Agreement

United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has entered into a merger agreement with RDX Holding, LLC, the parent of American Coastal Insurance Co. (ACIC or American Coastal), to combine the companies in an …

U.S. Regulator Vows Changes to Mine Cleanup Program

A leading U.S. coal regulator announced plans on Tuesday to toughen what it called “out-of-date” rules for guaranteeing mine cleanups. The Office of Surface Mining and Reclamation Enforcement said it would start working with U.S. state regulators to modify rules …