May 21, 2020
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a-” of the members of United Farm Bureau of Indiana Group (Indiana Farm Bureau): …
May 21, 2020
Two federal class-action lawsuits have been filed against ADT, one of the largest security companies in the country, alleging that an employee spied on customers and children in Texas over a seven-year period through their home security cameras. The lawsuits, …
May 21, 2020
Service American Indemnity Co. (SAIC), a national workers’ compensation carrier, is partnering with Tangram Insurance Services Inc. (Tangram), a managing general underwriter and program manager, to enhance Tangram’s Social Service Workers Compensation Program. SAIC is a subsidiary of Texas-based Service …
May 21, 2020
Dow Inc. said on May 20 it shut down all operating units at its headquarters in Midland, Michigan, after flood waters breached its sites following the collapse of two dams. “At approximately 10:00 a.m. Eastern it was confirmed there were …
May 21, 2020
Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture financing earlier this year to fuel development of new products and a global expansion. “We are in the fortunate position …
May 21, 2020
A drought declaration passed by Coos County Commissioners has been approved by Oregon Gov. Kate Brown. The governor’s declaration, which expires Dec. 31, will authorize state agencies to expedite water management tools for local officials to quickly start mitigation activities, …
May 21, 2020
Seattle Children’s hospital is again coping with a mold in its operating rooms that has persisted at the hospital for nearly 20 years and has been linked to seven deaths. There are no known new illnesses connected to the latest …
May 21, 2020
A prominent Las Vegas businessman awaiting sentencing after pleading guilty in a deadly drunken driving crash has reached a $21 million settlement in a lawsuit by the family of a mother of three killed in the wreck. Real estate broker …
May 21, 2020
Lathrop Insurance Inc., a full-service independent insurance agency located in Westerly, R.I., has been named as the newest member of Renaissance Alliance Insurance Services. Established in 1939 by Francis Lathrop Sr., Lathrop Insurance is a full-service independent insurance agency providing …
May 21, 2020
Connecticut Insurance Commissioner Andrew N. Mais and Economic Development Commissioner David Lehman are reminding businesses to make sure their insurance coverage accurately reflects any changed circumstances as they move to comply with Governor Ned Lamont’s reopening guidelines. “The pandemic has …