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California’s Coming Wildfire Season Points to Potential Non-Renewals Ahead for Homeowners

By all accounts the California wildfire season continues to shape up to be a bad one, and another catastrophe modeling firm has reported sales of their products picking up due in part to carriers and reinsurers looking for more ways …

Texas Windstorm Insurance Rates Deemed Inadequate

The Texas Windstorm Insurance Association has posted its 2021 Rate Adequacy Analysis for public review. The analysis indicates that TWIA’s current rates are inadequate by 39% for residential coverage and 46% for commercial coverage. TWIA’s analysis consists of several PDF …

New Mexico City Settling Ex-Officers’ Suit over Race-Based Enforcement

Hobbs, N.M., will pay a $1.4 million settlement to three former police officers whose whistleblower lawsuit alleged they were subjected to racist language and directed to target minority neighborhoods. The 2017 lawsuit filed former officers Brandon Ellis, Vasshawn Robinson and …

Hub Acquires Assets of Oregon-Based Ward Insurance Agency

Hub International Ltd. has acquired the assets of Ward Insurance Agency Inc. in Oregon. Terms of the deal were not disclosed. Erik Finrow, president of Ward Insurance, will join as executive vice president of Hub Northwest. The Ward Insurance team …

Update: Tropical Storm Elsa Moving Up Florida’s West Coast; Other States in Path

Tropical Storm Elsa is moving northward along the west coast of Florida, bringing heavy rains and winds, the National Hurricane Center reports. At 5 a.m. Wednesday morning, Elsa was reported to be about 70 miles west northwest of Tampa, with …

Michigan Court Opening Door to More Slip-And-Fall Cases

The Michigan Supreme Court is chipping away at a longstanding legal doctrine that makes it tough to win slip-and-fall lawsuits in the state. Donna Livings needed three surgeries after falling in an icy lot as she tried to get to …

Insurance Journal, Carrier Management Win Editorial Awards of Excellence

Wells Media Group publications, websites, webinars, research and podcasts have won a total of nine 2021 Azbee Awards of Excellence from the American Society of Business Publication Editors (ASBPE). “The team is proud to be recognized by our publishing peers,” …

People Moves: Allianz’ Ress to AXA XL; Tye Succeeds Card as Carbon’s CEO; Woodhams Promoted at iprism

This group of international People Moves provides details of appointments at insurer AXA XL; Carbon Underwriting, a managing general underwriter; and iprism, a managing general agent. A summary of these new hires follows. AXA XL Insurance announced it has appointed …

Small Earthquake Confirmed in Central Wyoming

A small earthquake struck a sparsely populated area of central Wyoming on Sunday, the U.S. Geological Survey confirmed. There were no immediate reports of damage or injuries from the quake about 29 miles south of Ten Sleep near the Nowood …

Court Won’t Revive Louisiana Suit in Death of Man Who Yelled ‘Kill Me’

An appeals court has refused to revive a lawsuit in the death of a man who shouted “Kill me” while endangering the life of a Louisiana sheriff’s lieutenant in 2016. The 5th U.S. Circuit Court of Appeals ruled last week …

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