March 1, 2017
The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy. The Court’s action reversed the ruling in Great …
February 20, 2017
When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …
February 20, 2017
A mutual insurer created more than 100 years ago to reinsure farm mutual insurance companies in Iowa has grown faster in the past five years than it did during the previous 10 decades, its president and CEO says. Organized in …
February 20, 2017
The National Weather Service confirmed that an EF3 tornado on the enhanced Fujita scale, with winds between 136 mph and 165 mph, touched down in East New Orleans on Feb. 7. The twister was reported to have caused widespread damage …
February 20, 2017
In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against insurers following hailstorms “the newest form of …
February 13, 2017
It takes a lot of capital for an insurance agency to grow, acquire, merge or partner with another agency, and increasingly, private equity firms are stepping up to the plate to supply that funding. Although the number of reported mergers …
February 13, 2017
When is a fence a “dwelling” structure for insurance coverage purposes and when is it an “other structure?” The Texas Supreme Court, relying on disputed language in a Liberty Mutual Insurance Co. homeowners policy, found that a fence is a …
February 8, 2017
The National Weather Service confirmed that an EF3 tornado touched down in East New Orleans on Feb. 7. The twister was reported to have caused widespread damage and forced around 100 people from their homes. NOLA.com reports that roofs were …
February 6, 2017
It takes a lot of capital for an insurance agency to grow, acquire, merge or partner with another agency, and increasingly, private equity firms are stepping up to the plate to supply that funding. Although the number of reported mergers …
February 2, 2017
In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against insurers following hailstorms “the newest form of …