May 15, 2017
A U.S. appeals court on Friday granted a 60-day pause in the long-running case in which the country’s largest life insurer, MetLife Inc, has challenged the federal government’s labeling of it as “too big to fail,” as the Trump administration …
May 15, 2017
Insurance agency franchise operator Brightway is opening five new personal lines insurance agencies that are owned by women, two of which are the first Brightway agencies to open in California. In addition to California, Oklahoma, South Carolina and Florida are …
May 15, 2017
In 2016 in the United States, the manufacturing sector produced nearly 72 percent more goods than in 1990, but manufacturers achieved that milestone with only about 70 percent of the workers that were on factory floors two and a half …
May 15, 2017
A Mississippi-based business is recalling about 130,000 pounds of meat and poultry frozen entree products due to bacterial contamination. Listeriosis, the infection caused by the listeria bacteria, can cause fever and muscle aches, often with other gastrointestinal symptoms. The U.S. …
May 15, 2017
A bill raising taxes and fees to repair South Carolina’s crumbling highways became law last week over Gov. Henry McMaster’s veto after House leaders blasted the Republican governor as failing to provide leadership on the state’s top priority. The override …
May 15, 2017
South Carolina Insurance Director Ray Farmer was elected to fill the position of secretary-treasurer of the National Association of Insurance Commissioners During a Plenary meeting by members, effective immediately. Farmer is replacing former Texas Insurance Commissioner David Mattax, who passed …
May 15, 2017
The passage in the Texas House of a bill limiting liability for property insurance companies sued by policyholders following weather related events has given the insurance industry, which lobbied strongly for the bill, reason to celebrate — at least for …
May 15, 2017
Structures attached to manufactured homes fail about 80 percent of the time during high wind conditions such as tornadoes and hurricanes, an analysis of closed insurance claim files from 2004’s Hurricane Charley concluded. According to the Insurance Institute for Business …
May 15, 2017
Flooding and severe weather this year have caused an estimated $64.5 million in damage to Arkansas croplands, according to the University of Arkansas System Division of Agriculture. Some 937,000 acres of cropland have been battered this year in Arkansas. Soybean …
May 15, 2017
Tornadoes and mobile homes don’t mix to begin with, but throw in the volatility of climate change and the potential for massive property damage and deaths is even higher in coming decades, indicates a new study by Michigan State University …