South Dakota lawmakers have rejected a bill that was meant to increase transparency in the state’s school choice scholarship program. The bill, voted down 9-6 in the House Education Committee, would have required insurance companies to disclose how much money …
Wisconsin Gov. Scott Walker’s administration has reversed itself and no longer plans to roll back a requirement for fire sprinklers in many new apartment buildings. The state Department of Safety and Professional Services recently advanced plans to end a requirement …
When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …
Tennessee’s captive insurance market saw a record annual total of 104 risk bearing entities (RBEs) added in 2016, according to data released by the Tennessee Department of Commerce & Insurance (TDCI). The new captives are comprised of 30 pure captives, …
A Georgia sperm bank has been cited two days after a sheriff’s deputy died from inhaling liquid nitrogen while trying to save an employee. News outlets report that the Georgia Department of Insurance issued a cease and desist order Tuesday …
I The International Drone Racing Association (IDRA) has launched a primary UAV aircraft liability insurance policy to cover drone pilots worldwide. Included with the rollout of IDRA’s membership service, each IDRA member will be insured, with a $1 million UAV …
Ex- American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg admitted to taking part in two deals to make the insurer’s financial condition look better than it was as part of a $9.9 million settlement with New York that …
Markel Corp. ended 2016 with a drop in net income and increase in the combined ratio, with Hurricane Matthew and the Canadian wildfires to blame for higher catastrophe losses. At the same time, the insurer experienced gains in premium and …
The California Earthquake Authority has named Todd Coombes chief insurance and technology officer. The CEA also named Kellie Schneider chief operations officer. The moves follow the retirement at the end of January of Bob Stewart, the chief operations officer. The …
State Rep. John Cyrier (Lockhart) announced the establishment of a portable air tanker base at Austin Bergstrom International Airport (ABIA) capable of equipping large, Type 1 air tankers to drop fire retardant during wildfire events in Central Texas and surrounding …
