April 15, 2019
Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform. Now, 30 different business types can access the platform. Businessowners can typically get a quote in less than …
April 15, 2019
Synergy Professional Associates, in partnership with Tokio Marine HCC – Professional Lines Group, has expanded its lawyers professional liability programs focusing on small law firms into Colorado, Florida and New Jersey. The new facilities target small law firms from one …
April 15, 2019
Citizens Property Insurance Corp. plans to purchase approximately $200 million in traditional reinsurance coverage for the 2019 hurricane season to protect its Personal Lines Account (PLA) surplus it says is exposed to storm risk in areas located away from the …
April 14, 2019
California Gov. Gavin Newsom gave legislators just three months to address a multibillion-dollar wildfire liability problem that has forced the state’s largest power company, PG&E Corp., into bankruptcy and threatens the same fate for its other utilities. The governor issued …
April 12, 2019
A Texas company has recalled more than 3,300 pounds (1496.87 kilograms) of ready-to-eat meat, poultry and salad products amid concerns about possible listeria contamination. The U.S. Department of Agriculture on Tuesday announced the recall by Great American Marketing Inc. of …
April 12, 2019
There will be no horse racing this year at South Dakota tracks for the first time in decades. Aberdeen American News reports that Northeast Area Horse Racing announced Tuesday that the Aberdeen track will not host races in 2019. The …
April 12, 2019
A storm system known as a “bomb cyclone” slowly churned through the U.S. interior Thursday for the second time in a month, unleashing a blizzard that struck the Upper Midwest and creating hazardous fire conditions farther south. The storm knocked …
April 12, 2019
A bill that would expand protections for Nebraska farmers against public nuisance lawsuits has advanced in the Legislature despite objections that it could infringe on neighbors’ property rights. Lawmakers gave the measure first-round approval Wednesday with a 31-7 vote. Sen. …
April 12, 2019
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. The ratings outlook remains stable. …
April 12, 2019
Applying lessons learned after Hurricane Harvey, the Texas Department of Insurance has upgraded its procedures for collecting and reporting data following a disaster. TDI recently released its new catastrophe data collection guidelines, which the department says will improve the data …