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SLTX: Texas Adopts Updated Surplus Lines License Rules for Military Spouses

The Surplus Lines Stamping Office of Texas (SLTX) reported that new rules for surplus lines agents in Texas who are military spouses have been adopted by the Texas Department of Insurance (TDI) and became effective Feb. 6, 2020. A new …

Oklahoma Senate OKs Bill to Allow More Armed Teachers

School teachers in Oklahoma with a gun license would be able to carry firearms into their classrooms with district approval under a bill approved in the state Senate. The bill, approved on a 37-7 vote mostly along party lines, passed …

Ohio House Approves PTSD Coverage for Emergency Responders, Again

The Ohio House has once again approved a measure covering post-traumatic stress disorder for emergency responders who haven’t suffered a physical injury. Police and firefighters have been pushing for the coverage under the state insurance fund for injured workers for …

Luxury Yacht, Owned by Third Point Re’s Loeb, Damages Belize Coral Reef

A luxury yacht owned by hedge fund manager Daniel Loeb damaged a pristine reef atoll in Belize near the famous Great Blue Hole, a popular diving site. The 200-foot (61 meter) Samadhi, owned by Third Point founder Loeb, was filmed …

With Ultimate Frisbee Sport Catching On, Researchers Track Pro Athletes’ Injuries

Researchers at the University of Alabama at Birmingham have published what they believe is the first look by medical science at injury rates of professional athletes from Ultimate, originally known as Ultimate Frisbee, an increasingly popular sport. They have found …

AIG Maps Out Major Investment in Technology, Core Processes

American International Group said it will invest $1.3 billion over the next three years in its massive AIG 200 initiative, which is designed to revamp and improve core processes, technology infrastructure and services. The company has broken down the effort …

Deepwater Horizon Oil Spill in 2010 Was Bigger Than Satellite Images Showed

Toxic and invisible oil spread well beyond the known satellite footprint of the 2010 Deepwater Horizon oil spill, according to a new study. Scientists at the University of Miami (UM) Rosenstiel school of Marine and Atmospheric Science say their findings …

AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.

AssuredPartners Inc. has acquired Nevada West Business Insurance Agency Inc. in Las Vegas, Nev. The team of five will remain under the operational leadership of Jeff Maren. Terms of the deal weren’t disclosed. Nevada West Business Insurance Agency currently reports …

4.0-Magnitude Earthquake Hit Central California Coast

An earthquake with a preliminary magnitude of 4.0 shook California’s central coast on Wednesday but no damage or injuries were immediately reported, the U.S. Geological Survey confirmed. The quake that hit at 7:33 p.m. on the San Andreas Fault was …

Analyst Warns Regulatory Battle Over AI Bias to Grow; Lemonade Argues It’s Fair

As insurers introduce artificial intelligence into pricing and claims handling activities, regulatory focus on disparate impact will grow into “one of the biggest topics of the next 10 years,” a well-known insurance analyst predicted at an industry conference. V.J. Dowling, …

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