Note: This article originally appeared in The Texas Tribune. Three years ago, a series of quakes rattled North Texas — and some residents’ nerves. Larry Walden, a Parker County commissioner, remembers a public meeting at the time in which residents …
S&P Global Ratings has placed its ‘B+’ financial strength ratings for Hochheim Prairie Farm Mutual Insurance Assoc. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance Co. (HPCIC; collectively Hochheim) on CreditWatch with negative implications. Hochheim, headquartered in Yoakum, Texas, only …
St. Louis, Missouri-based insurer, Safety National, has awarded its annual Safety First Grant to three policyholders for their creative risk control solutions. The first-place grant, in the amount of $10,000, was awarded to Alliance of Schools for Cooperative Insurance Programs …
Munich Re’s ERGO unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company were too low. “In ERGO’s view, the current value of the portfolios and its potential appreciation is not adequately reflected …
Michigan Gov. Rick Snyder and Canadian oil transport company Enbridge Inc. announced a timeline for determining the future of twin pipelines beneath the channel where Lakes Huron and Michigan converge. Options include shutting down the lines or routing them through …
State regulators have fined a southern Indiana auto parts plant $224,000 for alleged safety violations discovered following a worker’s death. The Indiana Occupational Safety and Health Administration issued the order Nov. 15 against Autoneum North America Inc. The Swiss-based company …
State forestry officials say the risk for wildfires remains high throughout Arkansas as dry conditions persist. The Arkansas Forestry Commission says firefighters have suppressed more than 100 wildfires since Thanksgiving. Those fires have burned a total of more than 1,800 …
The city of Lincoln, Nebraska, has signed a nearly $100,000 contract with an engineering consultant to study how the city could one day implement driverless vehicles. HDR Inc.’s study will examine the latest technology, describe a potential pilot project, provide …
The Lloyd’s market has paid claims worth US$1.7 billion, to date, in response to Hurricanes Harvey, Irma and Maria. Earlier this year Lloyd’s estimated a total commitment of US$4.8 billion for the three storms. Lloyd’s brokers are receiving money from …
The latest issue of Insurance Journal is dedicated to the senior living market and includes references to an in depth report on the industry by Argentum, the largest national association exclusively dedicated to the senior living industry. Though the intended …
