In what may be one of the first court filings of its kind, insurer Travelers is asking a district court for a ruling to rescind a policy because the insured allegedly misrepresented its use of multifactor authentication (MFA) — a …
Motorcycles cause a far higher rate of injuries among children than quad bikes do, a study from UNSW Sydney and NeuRA has found, but quad bikes account for more serious individual injuries. In a retrospective population study carried out by …
To paraphrase Mark Twain — reports of the demise of insurance agencies have been greatly exaggerated. The local agency has been the backbone of the industry and the target of outside forces that have been trying to eliminate or usurp …
A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida. The Times-Picayune ‘The New Orleans Advocate’ reports that the Louisiana Insurance Guaranty Association in June sought approval of the plan …
You are competing with another agency for the same candidate. What makes the difference between you winning or losing out on the hire? The answer for me is an exceptional interview process. 2021 taught us that the saying “the early …
A Louisiana judge has ruled that the state’s insurance commissioner’s directive ordering insurers to pay policyholders’ Hurricane Ida evacuation expenses is invalid and unenforceable. Judge Patrick Moore of the Division of Administrative Law wrote that Louisiana Department of Insurance Commissioner …
The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global supply …
When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it. But in …
University of Chicago Medicine researchers reviewing two years of data on assaults with paintball guns found more patients than expected suffered vision-threatening emergencies after being struck in the eye, with several experiencing a rupture of the eyeball or even permanent …
Florida’s top insurance regulators and the Florida Association of Insurance Agents in late July blasted the Demotech financial rating firm after the organization reportedly notified 17 insurers that they will soon be downgraded. Demotech President Joe Petrelli said that the …
