The coronavirus pandemic has created a nearly $1 billion deficit in the Texas state budget as the nation’s energy hub remains hampered by a slow recovery and a half-million fewer jobs than a year ago. The forecast by state officials …
Editor’s note: This article has been updated to remove life insurance from the list of lines of insurance that the bill covered. That language was removed from earlier versions of the bill, and no longer applies. Washington Insurance Commissioner Mike …
Former NFL player Antonio Gates and his wife, Sasha Gates, are suing their homeowners insurer, AIG Property Casualty Co., accusing them of delaying coverage and ignoring their claim for insurance policy benefits after a burglary at their California home in …
East Carolina University is restoring two of its women’s teams cut last spring for budget problems compounded by the COVID-19 pandemic, and paying more than $189,000 to avoid a gender discrimination lawsuit. The announcement on Thursday followed word that athletes …
Rhodes Risk Advisors, an independent insurance firm, has acquired McEver & Tribble, an independent insurance agency also based in Atlanta. Combining the professional teams, risk management capabilities and insurance offerings of Rhodes and McEver & Tribble immediately expands the firm’s …
Pathpoint, a digital excess and surplus lines insurance broker, said it is offering a new capability to independent retail agents: access to multiple cyber insurance quotes through a single online application containing only nine underwriting questions. The new product allows …
A printing company in Maryland saw the photo on Twitter Wednesday night: an employee roaming the halls of the U.S. Capitol with a company badge around his neck. He was fired the next day. Others are facing similar repercussions at …
In its recently published report to the legislature, the windstorm insurer of last resort for properties along the Texas coast has proposed several operational changes, including one that would allow it to develop requirements and standards for agents. The Texas …
Steven Levy, the longtime president and CEO of Munich Re US, plans to retire on April 1. Munich Re executive Marcus Winter will replace him, the company disclosed. Levy has worked for Munich Re US for 23 years, holding a …
Licensed insurance agents Robert Farmer, 65, of Camarillo, Calif., and Marion Urcan, 67, of Agoura Hills, Calif., were arraigned this week in Los Angeles County Superior Court on multiple counts of grand theft after allegedly accepting over $687,000 in insurance …
