Chicago, IL, November 13, 2020 – Prime Property & Casualty Insurance Inc. (“PPCI”) successfully resolved a trucking case that went to jury trial in Florida resulting in a jury verdict of just under $412,000,000. The excessive judgment was due to …
U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted liquidity and leverage risks in a report this week. Issues the Fed focused on are not new: Life insurers have …
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was expanding a probe into nearly 159,000 Tesla Model S and Model X vehicles, upgrading it to an engineering analysis, a step required before it can seek to …
State Farm is sending sensors that can detect hazards in electric wiring to 40,000 homeowners in California, Arizona and Texas as part of a pilot project that will measure potential savings and customer acceptance. Mike Fields, a State Farm vice …
MJ Hall & Co. has added Maaika Marsh as a lead broker. Marsh is based in Chandler, Ariz. She has more than 10 years of experience in insurance brokerage in Arizona and California. Marsh has been focused on new business …
Calabasas, Calif.-based Topa Insurance Group has promoted Susan Pavone to vice president of underwriting. Pavone will oversee the commercial underwriting of Topa Insurance Co. and be responsible for setting underwriting strategies, overall underwriting portfolio management, guidelines, and production. Pavone joined …
Like many medical workers around the world, the coronavirus pandemic is a burden that Fargo emergency room nurse Adam Johnston can’t escape. The grim reality follows him everywhere: at work, where people die every shift; at the grocery store, where …
Tennessee Governor Bill Lee has selected Carter Lawrence to serve in his cabinet as commissioner of the Tennessee Department of Commerce & Insurance, effective immediately, according to a statement form the governor’s office. “Carter is a proven public servant who …
Several changes came to Florida’s Citizens Property Insurance Corp. Board of Governors this month with two new appointments and the approval of one board member to serve as a representative for the Florida Insurance Guaranty Association (FIGA). Florida Chief Financial …
After hanging over Florida for several days, the former Tropical Storm Eta became a post-tropical cyclone early Friday, racing off the Southeast Atlantic coast and bringing heavy rains and gusty winds to the Carolinas after blustering across north Florida. One …
