July 26, 2021
A bulletin issued by the Texas Department of Insurance outlines actions the agency is taking to return to the ordinary course of business after Texas Gov. Greg Abbott rescinded suspensions of insurance-related statutes and rules issued in response to the …
July 26, 2021
A new study found that between 2005 and 2020, the percentage of single family rentals increased by over 10% in North Minneapolis, Southeast Como and parts of St. Paul, with Southeast Como’s rentals changing due, in part, to an aging …
July 26, 2021
Thousands of utility customers in the Detroit area had no power on July 25 following a night of severe storms. DTE Energy reported nearly 135,000 customers in Oakland and Macomb counties had no service at 10:20 a.m. due to wind …
July 26, 2021
In the wake of 2020 and winter storm Uri, we have seen firsthand how disaster can strike anytime or anywhere, causing sometimes irreparable damage — and no business is immune. Perhaps one of the greatest lessons is the importance of …
July 26, 2021
A study conducted the Texas Real Estate Research Center at Texas A&M University following winter storm Uri revealed a widespread lack of homeowners insurance in the state. The study shows households that are low-income, in nonmetropolitan areas, or without a …
July 26, 2021
This edition of International People Moves covers appointments at London-based broker Howden Reinsurance and Berkley Re Australia. A summary of these new hires follows here. Howden Reinsurance, part of international re/insurance intermediary Howden Broking, has announced the first appointment to …
July 26, 2021
Two Ohio state representatives have introduced legislation aimed at protecting data privacy by creating standards for the handling of data by businesses. Rick Carfagna (R-Genoa Township) and Thomas Hall (R-Madison Township) introduced House Bill 376, known as the Ohio Personal …
July 26, 2021
COVID-19 did not delay medical treatment for workers’ compensation claimants, but did decrease the amount of emergency care and other services provided to injured workers, a study released by the Workers’ Compensation Institute concludes. Research by WCRI economist Olesya Fomenko …
July 26, 2021
This post is part of a series sponsored by The Hanover Insurance Group. Over the last decade, we have witnessed many types of unpredictable disasters, including terrorist attacks, wars, earthquakes, economic crises, devaluation of currencies, SARS, tsunamis, cyber-attacks, and more …
July 26, 2021
As the remaining rubble from the collapse of a 12-story oceanfront condominium was cleared away Wednesday, a Florida judge said victims and families who suffered losses will get a minimum of $150 million in compensation initially. That sum includes about …