August 20, 2018
The third transitional period for New York’s first-in-the-nation cybersecurity regulation for all Department of Financial Services (DFS) regulated entities ends on Sept. 4, 2018. Beginning on Sept. 4, banks, insurance companies and other financial services institutions regulated by DFS are …
August 20, 2018
Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rose by more than four percent in the first half of 2017. She also …
August 20, 2018
Louisiana expects to spend $649 million on homeowner rebuilding aid after the 2016 floods, only about half the federal money Congress set aside for the effort. The Advocate reports 44 percent fewer households than anticipated are expected to access money …
August 20, 2018
Outside consultants fault New Orleans officials’ long-term neglect of the city’s failing drainage system for widespread flooding last summer. An ABS Group report, commissioned as a “root cause analysis” by then-Mayor Mitch Landrieu, confirms that the flooding was caused by …
August 20, 2018
Conditions in the ocean and the atmosphere are producing a less active Atlantic hurricane season than initially predicted in May. Forecasters with NOAA’s Climate Prediction Center said on Aug. 9 the likelihood of a below-normal Atlantic hurricane season is now …
August 20, 2018
The board of directors of the Texas Windstorm Insurance Association voted at its recent quarterly meeting to raise rates for residential and commercial properties by 10 percent next year, while acknowledging a rate inadequacy that is far greater than that. …
August 20, 2018
Darrick Lee, a licensed attorney in both Louisiana and Texas, has been appointed fraud manager in the Office of Workers’ Compensation Administration (OWCA) at the Louisiana Workforce Commission. Lee has 13 years of civil service experience. Prior to this appointment, …
August 20, 2018
A law that went into effect on Aug. 1 in Louisiana allows insurance producers to employ convicted felons if the producer obtains permission or consent in writing from the state insurance commissioner. The Louisiana Department of Insurance reports that before …
August 20, 2018
Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on Compensation Insurance (NCCI). Walleck joined workers’ comp insurer MEM in …
August 20, 2018
A newspaper says the total number of traffic fatalities for this year’s Sturgis Motorcycle Rally in South Dakota may be higher than the state’s official count of four. The Rapid City Journal counted at least nine deaths associated with the …