The Surplus Lines Stamping Office of Texas (SLTX) has identified changes to the list of eligible surplus lines insurers in the state. Approved eligible insurers effective Jan. 1, 2017, include alien insurers Lloyd’s of London Syndicate 2988, Lloyd’s of London …
Recent Florida Supreme Court decisions and ongoing abuse in Florida’s insurance market have led ratings company Demotech to announce it is changing the criteria it uses when rating insurers in the state. The decision comes as insurers get ready to …
Cobbs Allen, a national insurance and risk management firm headquartered in Birmingham, Ala., has hired Tyrenda Williams-Reed as its new Human Resources director. Reed will be responsible for company-wide human resource services, recruitment and talent development. As a member of …
Assignment of benefits abuse has escalated over the last five years to the point where it is now a serious disruption to Florida’s insurance market. The abuse, which is especially rampant in South Florida, stems from unscrupulous contractors and attorneys …
The North Carolina Rate Bureau (NCRB) has requested an average increase of 13.8 percent on private passenger automobile insurance rates in its latest filing with the North Carolina Department of Insurance (NCDOI). NCRB files rates on behalf of all insurance …
Through the efforts of the consumer affairs and market conduct divisions of the Missouri Department of Insurance, policyholders in that state received an additional $29 million from their insurance companies in 2016, exceeding the insurance department’s previous record of $27.4 …
A red-light camera company whose former chief executive pleaded guilty to a federal bribery charge will pay $20 million to settle a lawsuit with Chicago, Mayor Rahm Emanuel announced on Feb. 6. The deal ends a lawsuit the city filed …
Opioid prescriptions in Wisconsin fell nearly 12 percent in the final months of 2016 compared to the same period in 2015. A new report from the Controlled Substances Board shows the number of prescriptions dropped 11.7 percent in the fourth …
Five of the country’s 100 worst congested areas for trucks are in the state of Ohio, and three of those areas are in Cincinnati, according to a study. The American Transportation Research Institute has ranked Interstate 71 at I-75 junction …
Milwaukee, Wis.-based insurance brokerage Robertson Ryan & Associates recently voted in two new shareholders and a new board member. New shareholder Matt Cruise joined Robertson Ryan & Associates in 2002. He is a second-generation insurance agent who became a licensed …
