July 24, 2017
An apartment fire has displaced 19 residents and sent two people to the hospital in Tennessee. News outlets report the fire was reported Thursday night at a four-unit apartment building in North Knoxville. Knoxville Fire Department spokesman D.J. Corcoran said …
July 24, 2017
Austin-based Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, has added Chris Scott as vice president of Finance. Scott brings to Watkins Insurance Group more than 15 years of experience as a …
July 24, 2017
The National Flood Insurance Program (NFIP) expires on Sept. 30 and Congress is currently considering legislation to reauthorize and reform the government-backed program through which the majority of U.S. property owners that carry flood insurance access that coverage. Legislative proposals …
July 24, 2017
An insurance provider whose imprisoned client drove into a crowd at Oklahoma State University’s 2015 homecoming parade will pay out $100,000 to the victims. A judge is expected to decide how the money will be divided during an August hearing, …
July 24, 2017
A new study has found that state reforms to control the costs of prescription drugs by targeting reimbursements for physicians dispensing them are having some effect but that physician-dispensing still accounts for a large share of prescription drug costs in …
July 24, 2017
The FBI’s Internet Crime Complaint Center (IC3) last year tracked nearly 300,000 cyberattacks in the United States and those attacks resulted in more than $1.6 billion in total losses. But apparently those numbers are mere drops in a large bucket. …
July 24, 2017
In Texas and across the nation, the surplus lines insurance market is keeping up with the increase in demand for cyber liability protection, according to the Surplus Lines Stamping Office of Texas (SLTX). SLTX recorded a 412 percent total increase …
July 24, 2017
Wind and hail loss information for 2016 released recently by the Texas Department of Insurance (TDI) show that homeowner losses from hail in Texas were the highest annual losses ever recorded, as they exceeded $5 billion, the Insurance Council of …
July 24, 2017
Arkansas Insurance Commissioner Allen Kerr has granted a Certificate of Authority to Florida-based Homeowners Choice Property & Casualty Insurance Company (HCPC) to offer private flood insurance in Arkansas. “Arkansas is the first state to grant HCPC authority to do business …
July 24, 2017
Woodruff-Sawyer & Co. has named Stephen Glazier vice president and casualty loss control specialist. Glazier is based at Woodruff-Sawyer’s Denver, Colo., office. He will serve as a casualty loss control consultant across the enterprise, working with clients on loss control …