Belle Tire Distributors Inc., a tire, wheels and auto service company in Michigan, has agreed to pay $55,000 and furnish other relief to settle a racial harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). According …
One of the biggest problems with the Federal Emergency Management Agency’s flood insurance program is that, nationwide, few property owners actually choose to buy into it. But that’s not the case in many counties in the Federal Reserve’s Ninth District. …
The Texas Department of Insurance has created a new division to focus exclusively on the complex issues facing health insurance and selected Richard Lunsford as the deputy commissioner of the new Life and Health Division. Previously, policy decisions related to …
Waukee, Iowa-based Holmes Murphy, an employee-owned and controlled insurance brokerage, has expanded its footprint into the international space by acquiring Global Captive Management (GCM). GCM is no stranger to Holmes Murphy, specifically the Innovative Captive Strategies (ICS) subsidiary. GCM manages …
A 5.1% percent decrease in workers’ compensation insurance loss costs in Oklahoma for 2020 has been approved by Insurance Commissioner Glen Mulready, the state insurance department announced. Loss costs are the average cost of lost wages and medical payments of …
Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters. The Travelers Catastrophe Map Viewer provides access to searchable, high-resolution aerial images that are often available within one or two days …
A defiant Boris Johnson hit back at the U.K.’s top judges and vowed to take the country out of the European Union next month, despite suffering an unprecedented legal defeat over his Brexit strategy in the highest court in the …
The nation’s most expensive wildfire this year is one that has been burning for months on Alaska’s Kenai Peninsula. The Swan Lake Fire has so far cost about $46 million to fight, according to the National Interagency Fire Center in …
Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of rampant sexual harassment in the market. The survey confirms that many women are enduring a toxic culture of harassment, which …
Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The excess and surplus lines sector is enjoying its largest growth …
