The Texas Department of Insurance (TDI) has approved the request by the Texas Automobile Insurance Plan Association (TAIPA) for a 4.8% increase in commercial auto rates, with an effective date of March 1, 2021. TAIPA members include all insurers authorized …
Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect homeowners in coastal states. TRUE (Trusted Resource Underwriters Exchange) is domiciled in …
Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Larry Dean Massey, Jr. (Massey). Terms of the transaction were not disclosed. With legacy operations in Memphis, Tenn., and now in Oxford, Miss., Massey offers …
A U.S. judge on Thursday dismissed a libel lawsuit filed by President Donald Trump’s re-election campaign against CNN over a 2019 opinion piece which it said suggested the campaign would be open to Russian interference, according to a court document. …
As of Sept. 27, workers’ compensation insurance carriers in Texas had reported more than 25,000 COVID-19 claims and 103 fatalities to the state’s regulators. The numbers cover virus-related claims reported to insurers through June 30, 2020. A report released by …
Diverse California businesses supplied $2.1 billion in goods and services to insurance companies last year, a 16.7% increase since 2018. That’s according to the latest California Insurance Diversity Survey results released by Insurance Commissioner Ricardo Lara. Of the $2.1 billion …
A Washington construction company with a reported history of safety problems in Kitsap, Pierce and Grays Harbor was fined more than $92,000 for allegedly serious safety violations, including failing to enforce the use of fall protection while roofing a home …
World Insurance Associates LLC (WIA) has acquired The Walker Agency, Inc of Anderson (d/b/a Palmetto Insurance) of Anderson, S.C. on October 1, 2020. Terms of the transaction were not disclosed. Palmetto Insurance is a property & casualty focused agency, specializing …
Alabama law enforcement officials on Tuesday cautioned people to beware of third-party websites when they renew their driver license online. The Alabama Law Enforcement Agency said in a news release that some third-party websites are charging people extra fees to …
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report this week. During an investor conference call, Lemonade executives confirmed …
