August 5, 2019
California is often thought of as earthquake country, but it is a three-peril state when it comes to natural catastrophes; it also has significant exposure to wildfires and floods. By comparison, as of May, the CDI had estimated the November …
August 3, 2019
Dry air from the Sahara that’s carrying enough dust it can be seen from space is preventing thunderstorms over the Atlantic from strengthening into powerful tropical systems. The system sits hundreds of miles southeast of the Lesser Antilles, an arc …
August 2, 2019
Starr Wright Insurance Agency, Inc. (Starr Wright USA), a division of Starr Insurance Companies, has a launched a distribution channel for Starr Insurance Companies’ Defense Base Act insurance coverage, specifically to serve the needs of small federal government contractors. The …
August 2, 2019
The Independent Insurance Agents of Oklahoma (IIAO), the state’s largest insurance and property casualty agents’ association, has confirmed its 2019-2020 officers and board members. IIAO Officers for 2019-2020 are: Director-at-Large Kathy Resser, VIP Insurance, Edmond Director-at-Large Vaughn Graham, Jr., Rich …
August 2, 2019
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Minnesota Lawyers Mutual Insurance Co., based in Minneapolis, and MLM Risk Retention …
August 2, 2019
A reminder to Minnesota motorists — keep your hands off your cellphone while driving. A new state law took effect Aug. 1 banning drivers from talking on the phone unless they are using a hands-free device. Officials say the law …
August 2, 2019
As many as nine states could see heat indexes above 100 degrees for more than a quarter of the year by 2036, according to a new report. The impact of climate change will push the number of days with heat …
August 2, 2019
An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act, a split Texas Supreme Court …
August 2, 2019
When Hurricane Irma hit Puerto Rico in September 2017, Carlos Melendez couldn’t contact the staffers or customers of his San Juan-based technology firm, Wovenware. Melendez learned a lesson that would help his business during the next storm, that disaster preparedness …
August 2, 2019
Two Louisiana homeowners who sued the Trump administration over federal policies that stalled grants for victims of a massive 2016 flood have dropped their lawsuit, after the administration recently released new regulations allowing the homeowners to receive aid. U.S. District …