As indicated by a report by Insurance Journal over the holidays, the Federal Emergency Management Agency (FEMA) is limiting the authority of the nation’s flood insurance program to issue new and renewal policies during the federal government shutdown. The insurance …
I hope that you’re having a wonderful holiday season. I’m still out for Christmas, but I wanted to make sure that I added a little humor to your week with a Christmas installment of Holiday Policy Language so without any …
On Friday, December 21, 2018, President Trump signed into law a measure reauthorizing the National Flood Insurance Program until May 31, 2019. The flood program was set to expire at midnight on Dec. 21. However, the partial federal government shutdown …
In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire arms liability insurance programs branded by the …
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of California Capital Insurance Co. and its subsidiaries Eagle West Insurance Co., Monterey Insurance Co. and …
As they previously announced they would do, the U.S. Treasury and U.S. Trade Representative have officially signed an agreement with the United Kingdom to provide insurance regulatory continuity after the country exits the European Union. The Trump Administration also issued …
Another lawsuit has been filed against the Catholic Church, alleging sexual abuse of a child by a now-deceased priest who once served at Our Lady of Health Parish in Las Cruces, N.M. It’s the latest in a string of legal …
Twenty people have been indicted by a grand jury in Spokane, Wash., for allegedly staging vehicle crashes to defraud insurance companies. Defendants are accused of deliberately staging a series of automobile, boating, pedestrian/vehicle and other accidents in Washington, Idaho, Nevada …
A Northern California utility says it has restored power interrupted by a wildfire six weeks ago to all customers able to receive it. Pacific Gas & Electric said this week the last of about 10,000 residents of Paradise and the …
A Manhattan federal judge blocked New York state from enforcing a recently enacted law that aimed to collect $600 million from drug manufacturers and distributors to defray the costs of combating the opioid addiction epidemic. U.S. District Judge Katherine Polk …
