The Southeast has seen its fair share of natural disasters and flooding in the last several years, including two hurricanes in Florida last year – the first hurricanes to hit the state in more than a decade. But none of …
Alabama and Mississippi are completely free from drought for the first time in more than a year. A federal assessment released at the end of June showed rains eliminated a dry spell that began in April 2016, the last time …
North Carolina’s insurance regulator says he’s reached a deal with auto insurers for a premium increase of just over 2 percent instead of the nearly 14 percent average increase companies asked for in February. Insurance Commissioner Mike Causey announced the …
Mississippi’s Court of Appeals says the city of Jackson can’t deny workers’ compensation benefits to a police officer injured in a wreck while he was speeding. The court ruled 10-0 that the city must pay former officer Kearney Brown for …
A new law in Mississippi requires everyone in a car, truck or SUV to buckle up. And, it will have the practical effect of banning people from riding in the beds of pickup trucks. Mississippi joins the majority of states …
Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, announced that it expanded its Commercial Lines business to two new states: Alabama and Mississippi. The two new states join New Jersey, North Carolina, South Carolina, Florida, Louisiana and …
A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb-” of Georgia Farm Bureau Mutual Insurance Co. (GFBMIC ) and …
Universal Security Policy Market Detail: Encompass Insurance’s (www.encompassinsurance.com) Universal Security Policy combines customers’ personal lines insurance into one annual policy for their home, car, motorcycle, boat or other recreational vehicle, rental unit – and even a home-based business. Policy includes …
About 40 percent of employment practices liability policies (EPLI) that I review fail to cover allegations of employment-related breach of privacy. These range from complaints that the employer failed to protect sensitive medical information properly to accusations of “spying” in …
Loss ratios and operating ratios for the U.S. nonstandard auto insurance market fell to their worst levels in a decade, according to a new report from A.M. Best. Escalating repair and medical costs, deteriorating highway infrastructure, and increased miles driven …
