Kentucky’s attorney general last week sued CVS Health, accusing its pharmacy chain of flooding the state with prescription opioids that contributed to the state’s addiction woes. Attorney General Daniel Cameron filed the lawsuit in Franklin County Circuit Court in Kentucky’s …
There’s a shortage of carriers offering insurance to cannabis businesses in numerous states, causing these businesses to pay more for policies or go underinsured. Regulators in several states are stepping in and putting some time and resources into encouraging more …
Florida has 90,000 private flood insurance policies in force now– a 300% increase since passing legislation to encourage private insurers to offer the coverage in 2014, according to Florida Insurance Commissioner David Altmaier. Noting there are 5 million properties in …
More transparency is needed into what kind of cash payments are made after ransomware attacks, a top Democrat said, following a recent spate of cyber-attacks aimed at U.S. companies. Mark Warner, chairman of the Senate Intelligence Committee, spoke days after …
California is set to fully reopen in less than two weeks and do away with virtually all mask and social distancing requirements for vaccinated people. But officials who regulate workplaces in the state aren’t ready to go that far and …
Arkansas Insurance Commissioner Alan McClain is reminding insured Arkansans seeking automobile repairs that insurance companies cannot require automobile repairs be done at a specific repair shop. “If an insurer inaccurately informs you that your vehicle’s coverage is contingent upon utilizing …
Security First Insurance, one of the largest private homeowners insurers, has launched its Homeowner’s Premier HO5 policy. Floridians must have no claims or one claim caused by a weather event and with good-to-excellent credit could quality for a 20% premium …
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Texas-based property/casualty insurance company, Southern Vanguard Insurance Co. (SVIC). Southern Vanguard …
Cedar Park, Texas-based Tejas American General Agency (TAGA) has formed an exclusive partnership with Main Street America Insurance, a member of the American Family Insurance group, to distribute its farm and ranch products in Texas. Main Street’s farm and ranch …
Florida has again taken the top spot for strongest building code with Virginia right behind in second place. That’s according to the 2021 edition of the Insurance Institute for Business & Home Safety (IBHS) report Rating the States, which every …
