U.S. authorities are investigating a fatal Tesla Inc. Model S crash in Florida last Sunday that killed the driver and caused a massive fire, the second fatal Tesla crash in the state this week being probed, the National Highway Traffic …
A sinkhole 30-feet deep and nearly as broad swallowed half a roadway in Knox County, Tennessee, and a county official says repairing it could cost more than $100,000. The Knoxville News Sentinel reports crews on Wednesday were attempting to plug …
Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate increases in the state over the past …
Louisiana’s property insurer of last resort has completed another round of policy depopulation — its 12th, the state insurance department said. Louisiana Citizens Property Insurance Corp. (Citizens) offers property insurance to home or business owners that cannot otherwise obtain it, …
A New Jersey woman has been charged with insurance fraud and other offenses in an alleged scheme to steal more than $175,000 from the insurance annuity policies of two individuals. Vashanta Stroud-Bennett, 45, of Paterson, N.J., was charged with second …
The Virginia House of Delegates passed a joint resolution that would designate the first full week in March each year as Trusted Choice Independent Insurance Agents Week beginning in 2019. HJ 703, introduced by Del. Buddy Fowler (R-Ashland), recognizes the …
District of Columbia Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council. The council is charged with studying and reporting on the feasibility of implementing a financial services regulatory sandbox in the District …
Illinois Union Insurance Co. has paid a $102,000 fine after Washington Insurance Commissioner Mike Kreidler ordered the company to cease underwriting self-defense policies branded by the National Rifle Association. After an investigation, Kreidler ordered Illinois Union in January to stop …
Several conspirators involved in a massive workers’ comp kickback scheme were ordered in late February to serve prison sentences and pay millions in financial penalties for their roles in the corrupt payment of millions of dollars to induce doctors and …
The California Department of Insurance issued a Cease and Desist Order to NexGen Insurance Services Inc., Riverstone Capital LLC (dba Riverstone Capital Insurance Services LLC) and its owner/operators Travis O. Bugli, James C. Kelly and Robert M. Clarke. The move …
