Texas regulators in early January rejected a request for a 5% rate increase by the state’s insurer of last resort for wind and hail for properties along the Texas coast. The Texas Department of Insurance denied the Texas Windstorm Insurance …
Texas-based personal lines insurance agency Goosehead Insurance fired an employee who participated in the storming of the U.S. Capitol on Jan. 6. According to a posting on Goosehead’s Twitter account, Paul Davis, who was associate general counsel, was no longer …
The grim statistical tally of the 2020 Atlantic hurricane season highlighted a dramatic year, one that saw the most active such season in recorded history. Last year, there were 30 named storms and 13 hurricanes, of which six were major …
A natural gas explosion at a Dallas home that killed a 12-year-old girl came after an energy company failed to find a damaged line despite two nearby homes being destroyed in gas-related fires on the two previous days, federal officials …
The title of a recent article I read was, “The Race to Zero in Small Commercial.” Zero referred to zero underwriting questions. No application required. I think that even beats the already existing three question applications. On the same day, …
A key takeaway from 2020 is the acknowledgement that change of a magnitude greater and more frequent than anyone had anticipated is upon us. One of the best ways for insurers and their business partners to embrace this momentum in …
AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private passenger automobile, as well as underwriting actions benefiting the homeowners segment. …
National Insurance consulting and technology firm Xceedance announced the expansion of its global actuarial and analytics services practice, led by Matthew Duke, senior vice president and chief actuary. Duke brings 15 years of experience in actuarial and analytics disciplines to …
There are old and new forms of deception that trick targets into believing that an interaction is something that it is not. Today, these interactions are increasingly in cyberspace as technology takes social engineering and mimicking techniques to new levels …
Cannabis Surety Bond Program Market Detail: Surety One, Inc., (SuretyOne.com) surety bond GA specializes in contract and commercial surety bonds, offering the license/permit bonds required for marijuana dispensary, grow and delivery operations in all of the states and municipal jurisdictions …
