The more than 86 tornadoes that ravaged through the Southeast earlier this month caused damage to 23,448 structures with a reconstruction value estimated at $2.95 billion, according to CoreLogic. CoreLogic said more than 40,000 structures were affected across all regions …
The North Carolina Department of Insurance (NCDOI) is taking steps to continue licensing insurance agents in the state as quickly as possible amid the shutdown of application processing centers due to the pandemic, according to a statement. Working with Pearson …
AssuredPartners, Inc. has acquired Transportation Insurance Advisors, LLC located in Sanford, Fla. The team of 55 will remain under the operational leadership of Scott Light. The agency currently reports $14 million in annualized revenues. According to Light, the agency works …
The Texas Department of Insurance (TDI) has issued a reminder to carriers that Insurance Code Section 559.103 provides for exceptions to the use of credit scores affected by certain events, including temporary job loss. TDI said the exemption applies following …
If it lasts, this week’s plunge in oil prices could hit the Texas economy in ways that make it much harder for state and local governments to help the state’s residents. It’s part of a double whammy on the state …
COVID-19 has majorly disrupted the global economy, and while many business sectors are subjected to temporary shutdowns or bare minimum operations, the insurance industry is racing forward while confronting unprecedented amounts of risk and uncertainty. Under most state-issued business shutdown …
Wisconsin residents grappling with the coronavirus have something else to worry about now: wildfires. Gov. Tony Evers on April 21 declared statewide state of emergency in response to elevated wildfire conditions. The governor’s office said the state has experienced more …
Governors in the Midwest are working to keep large meatpacking plants operating despite coronavirus outbreaks that have sickened hundreds of workers and threaten to disrupt the nation’s supply of pork and beef. In Kansas, Gov. Laura Kelly sent personal protective …
Chipotle Mexican Grill Inc. will pay $25 million to resolve criminal charges related to the company’s foodborne illness outbreaks that sickened more than 1,100 people between 2015 and 2018, according to the Department of Justice. The Newport Beach, California-based company …
A Milwaukee, Wisconsin, real estate company will pay $75,000 to Iowa for violating several asbestos regulations at one of its former buildings in Newton, the Iowa Attorney General’s office announced. Phoenix Investors LLC, agreed to a consent order on April …
