Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the broker will discover that the treaty is oversubscribed and …
Investigators are expected to examine the design of safety barriers and the use of crowd control in determining what led to a crush of spectators at a Houston music festival that left eight people dead and hundreds more injured. Authorities …
Another federal court has dismissed a COVID-19 virus-coverage lawsuit brought by a company that had its business-interruption claim denied by its insurance carrier. In Agilitas USA vs. Hartford Fire Insurance Co., the U.S. District Court for Middle Tennessee found that …
The 6th Circuit Court of Appeals on Nov. 5 affirmed the dismissal of another lawsuit seeking coverage for COVID-19 business-interruption losses, this one filed jointly by 16 private pre-schools in Ohio. It was the third ruling by the 6th Circuit …
Just as COVID-19 infections nationwide appear to be on the decline, employers and workers’ compensation insurers need to be prepared for a sobering reality: Studies suggest that 10% to 30% of those who had only mild cases early on will …
Two Florida representatives have joined the list of officials pushing for a change in the National Flood Insurance Program. U.S. Rep. Val Demings, R-Orlando, who is running for the Senate, is one of 17 cosponsors of the NFIP Reauthorization and …
Insurance companies are on track to pay at least $10.6 billion to cover Louisiana claims for damage caused by Hurricanes Laura, Delta and Zeta, according to Insurance Commissioner Jim Donelon. Donelon released the latest data on Nov. 5. The number …
Wateridge Insurance/Assured Partners of California promoted John Dorris to president of the San Diego, Calif., operations. Dorris’ role will be to lead the agency to key financial goals, recruiting talent and leading corporate initiatives. Dorris has became the chief operating …
Midwest Insurance Agency Alliance hires Denise Zabka as agency development field specialist Midwest Insurance Agency Alliance (MIAA) Denise Zabka has recently joined the organization as agency development field specialist. In this role, Zabka will be directly responsible for agency development …
At least two investigations and one civil lawsuit were underway on Sunday into the deadly stampede during rap star Travis Scott’s Astroworld music festival that killed at least eight people and injured dozens in Houston. Two of the victims were …
