The Federal Emergency Management Agency (FEMA) has granted an extension for Louisiana National Flood Insurance Program (NFIP) policyholders affected by August’s severe storms and flooding to file proof-of-loss claims. Louisiana Insurance Commissioner Jim Donelon earlier this month asked FEMA to …
Some ranchers are revisiting their insurance policies following a South Dakota Supreme Court ruling that allows a family in Quinn to collect insurance for cattle that drowned during a blizzard in 2013. The unanimous ruling issued in July has prompted …
A former Ohio insurance agent and agency owner has been sentenced for grand theft after pleading guilty to misappropriating more than $58,000 from two clients, the Ohio Department of Insurance announced. Charles Gabel, of Fremont, was sentenced in the Sandusky …
Iroquois South, a network of independent insurance agencies, has added its first members in Louisiana: Juban Insurance Group of Baton Rouge; Lowry-Dunham, Case & Vivien of Slidell; Louisiana Insurance Services of Ruston; Standard Mortgage Insurance Agency of New Orleans; and …
A dozen states still use no-fault auto insurance to cover the medical expenses of crash victims. Michigan House members returned to work last week to decide whether they’ll give the state’s motorists a break on their highest-in-the-nation auto insurance premiums. …
La Jolla, Calif.-based program administrator Prospect General Insurance Agency announced its tribunalization by Lloyd’s of London. Being named a coverholder allows Prospect General access to the Lloyd’s marketplace. Prospect General intends to initially utilize the available capacity to roll out …
Samsung Electronics Co. blamed a minor battery manufacturing flaw for prompting a global recall of its Galaxy Note 7 smartphones and is seeking more time to investigate the cause behind its deepest crisis in years. The Korean company outlined the …
Insurer Hiscox said it is building a collateralized reinsurance insurance linked securities (ILS) capability for launch on January 1, 2017, in addition to expanding its fully-fronted ILS fund structures. The expanded ILS team is being rebranded as Hiscox Re Insurance …
Randall & Quilter Investment Holdings Ltd. has agreed to acquire Royal London General Insurance Co., a UK non-life insurance company in run-off, from The Royal London Mutual Insurance Society Limited. According to R&Q, RLGI underwrote non-life insurance from 1985 to …
Now shopping for insurance is simpler than ever. Just speak up. Liberty Mutual Insurance has launched the first insurance-focused service for Amazon’s Alexa, a voice-controlled device that plays music; provides news, sports, directions and other information, and even controls lights …
