A man was killed July 21 when part of an oil rig he was working on fell on him near Houston, officials said. The incident happened in a remote area of the northeastern part of Harris County, 10 miles northeast …
Jurors convicted suspended Georgia insurance commissioner Jim Beck on 37 counts of mail fraud, wire fraud and money laundering and tax fraud charges. The jury needed about an hour and 20 minutes to return the guilty verdict, putting an end …
The Plexus Groupe Deer Park, Illinois-based The Plexus Groupe promoted industry veteran Todd Neaves to the newly created role of resident leader in its Oklahoma City office. Neaves will lead the agency’s team in Oklahoma City with a focus on …
Chicago-based HUB International Limited (HUB), a global insurance broker and financial services firm, unveiled its newly created Cannabis Benefits Captive, an exclusive employee benefits group captive for cannabis organizations. The captive is designed for cannabis clients and prospects looking for …
The Actuarial & Underwriting Committee for the Texas Windstorm Insurance Association (TWIA) has recommended that the association’s board vote at its Aug. 3 meeting to file for a 5% rate increase for residential and commercial policies. TWIA is the property …
Wisconsin Insurance Commissioner Mark Afable has approved an overall 5.44 percent decrease in worker’s compensation insurance rates, effective Oct. 1, 2021. This is the sixth straight year of rate decreases in Wisconsin, according to the insurance commissioner’s office. Afable said …
Emergency officials issued evacuation or shelter-in-place orders in the morning July 21 for some people in a Houston-area city because of a “chemical incident” at a plant in the area. The shelter-in-place order was lifted later in the day. The …
With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s recent floods are likely to be significantly higher, which highlights a sizable insurance “protection gap.” This protection gap – or …
A gym and fitness center in Pennsylvania won a minor victory on July 13 in a dispute with an Ohio-based commercial property insurer over business interruption coverage claims stemming from closures caused by the COVID-19 pandemic. Judge Terrance R. Nealon …
Specialist insurer Beazley has enhanced its pioneering Virtual Care policy, which provides comprehensive protection against the interconnected risks facing digital health and wellness organizations. First launched in the U.S. in 2017 for the telehealth sector, demand for Virtual Care coverage …
