Canal Insurance Co., a family-owned insurer focused on commercial trucking and specialty transportation, is dealing with a ratings downgrade from A.M. Best. A.M. Best knocked down the A- (Excellent) financial strength ratings to B++ (Good) for both Canal Insurance Co. …
The board of directors of Hawaii Employers’ Mutual Insurance Company Inc. has declared a $3.5 million dividend payable to qualifying policyholders. This is $500,000 dollars more than HEMIC’s dividend last year, and is the 11th consecutive year that the HEMIC …
The Texas Department of Insurance has issued a mandatory data call to both admitted and surplus lines insurance carriers seeking information about Hurricane Harvey-related claims in 62 counties impacted by the storm. The data call is designed to provide TDI …
Nearly 17,000 flood insurance claims connected with Hurricane Irma have been filed, and more are expected in the coming weeks. The Sun-Sentinel reports that of 16,786 flood claims filed through Thursday, 3,969 were filed in Monroe County. FEMA data shows …
Michigan drivers would no longer be required to buy unlimited medical insurance to cover serious crash injuries under legislation that high-ranking supporters proposed Tuesday to significantly reduce the country’s most expensive auto premiums. Michigan is the only state to mandate …
Power was knocked out to two college campuses and a high school in DeKalb County when a mini-van flipped and hit a utility pole. WSB-TV reports that the Monday morning crash happened in front of Georgia Piedmont Technical College. Police …
The workers’ compensation state average weekly wage for dates of injury from Oct. 1, 2017, through Sept. 30, 2018, is set at $913.37, the Texas Division of Workers’ Compensation announced. The maximum weekly benefit rates for workers’ compensation income benefits …
Louisiana’s eight metropolitan areas included two of the nation’s fastest growing economies and two of its fastest shrinking ones in 2016. Lake Charles’ economy grew 8.1 percent, the fastest in the nation according to numbers released in September by the …
Saudi Arabia’s decision to end a driving ban for women is likely to save families billions of dollars, boost industries from car sales to insurance, and reassure investors that the kingdom’s push to diversify its economy beyond oil is on …
The Seattle Archdiocese in Washington has paid $1.3 million to settle a sex-abuse lawsuit involving a former member of a religious order who taught in its schools. A man sued the archdiocese in 2015, alleging the church knew Edward Courtney …
