January 25, 2019
With much of the property/casualty insurance industry’s attention focused on external threats from insurtechs and digital native companies, perhaps the greatest disruption is coming from within. Following the last decade of impressive growth driven by direct-to-consumer providers, Progressive heads into …
January 25, 2019
Oh, but we live in sour times. Next month’s Super Bowl will feature the Most Hated Team in Football against an opponent who got there because of the Worst Call in Playoff History. Of the hatred I have nothing at …
January 25, 2019
A federal jury has awarded $7 million in damages to a North Carolina trooper and his wife for when a passenger bus plowed into the trooper’s sport-utility vehicle as he responded to an Interstate 40 accident. Court documents show jurors …
January 25, 2019
AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) and the Long-Term Issuer Credit Rating to “bb” from “bb-” of Greenville Casualty Insurance Co. of Greer, S.C. The outlook of these Credit Ratings (ratings) remains …
January 25, 2019
A South Florida developer is questioning the well-established facts of climate change, and is putting his money where his mouth is, investing millions to build residential projects in highly exposed Miami Beach. Brazilian billionaire Jose Isaac Peres is hosting an …
January 24, 2019
Waukee, Iowa-based insurance services firm, Holmes Murphy, has created the Holmes Murphy Foundation for its philanthropic and charitable-giving initiatives. This newly-formed foundation will oversee all philanthropic and community engagement efforts, company-wide. “Through this foundation, we are creating an investment strategy …
January 24, 2019
Dakota’s Senate wants to change the state’s seat belt law. The Senate voted 24-23 on a proposal to allow police to pull over drivers if they see them not wearing seat belts. The fine would be $50. The measure now …
January 24, 2019
In the legal equivalent of a Hail Mary pass, two New Orleans Saints season ticket holders asked a judge on Tuesday to order the NFL commissioner to reverse the results of the NFC championship game that sent the Los Angeles …
January 24, 2019
Louisiana’s insurance commissioner has drawn a challenger from within his own party. Republican Tim Temple announced he will run for the office on the Oct. 12 ballot, seeking to oust GOP incumbent Jim Donelon. Temple, who lives in Baton Rouge, …
January 24, 2019
The Independent Insurance Agents of Houston announced that IIAH Executive Director Carole Shelton has decided to retire from her position effective March 15th. Shelton has played a major role in the organization for over three decades, serving as a guiding …