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Philadelphia Insurance Cos. Names Burgess Regional VP of Marketing for Rocky Mountains

Philadelphia Insurance Cos. has named Yvonne Burgess regional vice president of marketing for the company’s Rocky Mountain region. Based in the company’s Englewood, CO office, she has been responsible for overseeing sales team members, achieving her own production goals, and …

Georgia Businesses May Be Slow to Reopen Despite Governor’s Encouragement

Gov. Brian Kemp’s call to reopen shuttered businesses in Georgia left many business owners wary and confused this week as they considered how to protect themselves and their customers in a state where coronavirus deaths exceed 800 and confirmed infections …

CoreLogic: Rebuilding Costs from Southeast Tornado Outbreak Total Nearly $3B

The more than 86 tornadoes that ravaged through the Southeast earlier this month caused damage to 23,448 structures with a reconstruction value estimated at $2.95 billion, according to CoreLogic. CoreLogic said more than 40,000 structures were affected across all regions …

North Carolina Regulator Offers Agent Licensing Options During Shutdown

The North Carolina Department of Insurance (NCDOI) is taking steps to continue licensing insurance agents in the state as quickly as possible amid the shutdown of application processing centers due to the pandemic, according to a statement. Working with Pearson …

AssuredPartners Acquires Transportation Insurance Advisors of Florida

AssuredPartners, Inc. has acquired Transportation Insurance Advisors, LLC located in Sanford, Fla. The team of 55 will remain under the operational leadership of Scott Light. The agency currently reports $14 million in annualized revenues. According to Light, the agency works …

Texas to Insurers: Credit Score Exemption Rules Apply During Pandemic

The Texas Department of Insurance (TDI) has issued a reminder to carriers that Insurance Code Section 559.103 provides for exceptions to the use of credit scores affected by certain events, including temporary job loss. TDI said the exemption applies following …

Analysis: It’s Not the Whole Texas Economy, But Energy Is a Critical Piece

If it lasts, this week’s plunge in oil prices could hit the Texas economy in ways that make it much harder for state and local governments to help the state’s residents. It’s part of a double whammy on the state …

How COVID-19 Impacts the Surplus Lines Insurance Industry

COVID-19 has majorly disrupted the global economy, and while many business sectors are subjected to temporary shutdowns or bare minimum operations, the insurance industry is racing forward while confronting unprecedented amounts of risk and uncertainty. Under most state-issued business shutdown …

Wisconsin Governor Issues Emergency Order Due to Wildfires

Wisconsin residents grappling with the coronavirus have something else to worry about now: wildfires. Gov. Tony Evers on April 21 declared statewide state of emergency in response to elevated wildfire conditions. The governor’s office said the state has experienced more …

Despite Virus Outbreak, Midwest States Work to Keep Meat Plants Open

Governors in the Midwest are working to keep large meatpacking plants operating despite coronavirus outbreaks that have sickened hundreds of workers and threaten to disrupt the nation’s supply of pork and beef. In Kansas, Gov. Laura Kelly sent personal protective …

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