Monthly Archives: <span>September 2017</span>

Prospect General, Fortegra Launch Tenant Legal Liability Program

Prospect General Insurance Agency has partnered with Fortegra Financial Corporation, a Tiptree Financial, Inc. company to offer an admitted tenant legal liability program that allows landlords to protect properties from tenant caused damage. The program targets apartment buildings with five …

Hurricane Maria Carves Path of Destruction Through Puerto Rico

Hurricane Maria, the strongest storm to strike Puerto Rico in nearly 90 years, carved a path of destruction through the U.S. territory on Wednesday, causing widespread flooding and knocking power out across the island after killing at least nine people …

XL Catlin Adds EPLI, Cyber Coverage for Design Professionals in Canada

XL Catlin has added two optional coverages to its professional liability insurance for architects, engineers and other design businesses in Canada: employment practices liability (EPL) Insurance and cyber insurance coverage. The optional EPL coverage is designed to help architects, engineers …

Georgia Gov Pledges State Funds for Local Community Irma Cleanup

Describing Hurricane Irma as a “catastrophic event” after viewing its destruction from the air, Gov. Nathan Deal promised last week that the state will pay local governments’ share for cleaning up storm debris along the Georgia coast. Deal got a …

After the Storm: Insurance Agents E&O Lessons Learned

Editor’s Note: This is a republication of a January, 2013 article by Sally Coombs, who was then with Fireman’s Fund Insurance Co, which is now integrated into Allianz Global Corporate & Specialty (AGCS). Also, Insurance Journal’s Academy of Insurance will …

Landlord Settles Lawsuit Over Deadly Ohio House Fire for $360K

The owner of an Ohio home where a fire killed two adults and two girls is settling a lawsuit claiming she’s liable because the rental property lacked smoke detectors. Cleveland.com reports owner Joni Laidig and her insurer agreed to pay …

Small Earthquake in Illinois Felt in 3 States

The U.S. Geological Survey reports that a small earthquake in southeastern Illinois was felt across parts of Illinois, Indiana and Kentucky. The USGS says the preliminary 3.8-magnitude earthquake occurred at 6:47 a.m. Central Time on Sept. 19 about 7 1/2 …

FEMA Not Relying on Trailers to House Hurricane Victims

The hurricanes that battered Texas and Florida have likely spawned the worst disaster-created housing crisis since Hurricane Katrina left hundreds of thousands of Gulf Coast residents without homes more than a decade ago. The Federal Emergency Management Agency said it’s …

Zebra Online Insurance Agency Gets $40M from Investors and New CEO from Kayak

The Zebra, an online auto insurance comparison marketplace, plans to use $40 million in new venture funding to double down on brand building, product expansion and customer outreach. Company co-founder and Chief Operating Officer Joshua Dziabiak told Carrier Management via …

24 Indicted in Staged Crash Case in Vegas Involving $500K in Claims

Nevada’s top state prosecutor says 24 people have been indicted in a scheme alleging they staged car crashes and filed about $500,000 worth of fraudulent insurance claims in Las Vegas. Attorney General Adam Laxalt said the 68-count indictment filed last …