February 14, 2017
Palomar Specialty Insurance Co. has launched Flood Guard, a private flood program in California that uses an advanced and granular proprietary rating system. Palomar used catastrophe modeling firm AIR Worldwide’s probabilistic flood model for the United States in its rate …
February 13, 2017
A California Court of Appeal had decided in favor of California Insurance Commissioner Dave Jones in a case against Mercury Insurance Co. and a coalition of insurance industry groups, which sued Jones to challenge his authority regarding “institutional” or “brand” …
February 13, 2017
The R Street Institute applauded the introduction today of S.B. 10, legislation to rein in the growth in Texas hail-related litigation. The bill, sponsored by state Sen. Kelly Hancock, R-North Richland Hills, would provide revisions to Texas law, preserving the …
February 13, 2017
The estate of a late New Orleans YouTube star has filed a $20 million copyright infringement lawsuit against Beyonce over the use of his voice in her “Formation” video. The estate of Anthony Barre, who went by the name Messy …
February 13, 2017
Federal investigators say an Oklahoma man who fatally shot himself this week after being suspected of killing two people was facing felony charges connected to an insurance scheme. An FBI affidavit alleges that 55-year-old Timothy Michael Deffner of Norman stole …
February 13, 2017
It takes a lot of capital for an insurance agency to grow, acquire, merge or partner with another agency, and increasingly, private equity firms are stepping up to the plate to supply that funding. Although the number of reported mergers …
February 13, 2017
DuPont said on Monday it agreed to pay $670.7 million in cash to settle several lawsuits related to a chemical leak from a plant in West Virginia. The company said it settled about 3,550 personal injury claims arising from the …
February 13, 2017
Officials in Catawba County say one person was killed when an SUV collided with a school bus. Local media outlets report the Catawba County Schools said a driver, a monitor and three students were on the bus at the time …
February 13, 2017
A customer at a nail salon in Florida was accidentally shot after an employee of a gun store next-door inadvertently discharged a gun. The Pinellas County Sheriff’s Office said in a news release that 19-year-old Yaminah Gilbert was shot in …
February 13, 2017
Neon has appointed Nick Pritchard as head of Property Reinsurance. Pritchard initially will be based in Neon’s Bermuda office and will oversee the growth of Neon’s property reinsurance operations across both its Bermuda and London offices. The appointment will be …