News

Lloyd’s Broker SSL Endeavour to Launch Latin America-Focused MGA in Miami

Specialist independent Lloyd’s broker and delegated authority expert SSL Endeavour Limited (SSL Endeavour) will launch a managing general agent (MGA) based in Miami, and a trio of senior hires to support growth in Latin America. Set to begin Jan. 1, …

Mercury Adds Landlord Insurance in California

Mercury Insurance has introduced landlord insurance in California designed to help protect people with rental properties. Landlord insurance covers the costs to repair rental properties if they’re damaged by fires, lightning, wind, hail and other covered losses, lost rental income …

Kentucky Man Accused of Burglarizing 17 Homes for Scrap Metal

Police in Kentucky say they’ve arrested a prolific thief, a man who they say broke into 17 homes within a few miles (kilometers) of each other. They say he wasn’t going for high-end appliances, cash or jewelry: He was in …

Scientists Focus On Wiregrass Region of Alabama, Georgia for Tornado Study

Tornado researchers want to know more about how tornadoes form from squall lines in the Wiregrass region of Alabama and Georgia. That part of the South is of interest to Chris Weiss, a professor of atmospheric science at Texas Tech …

Insurtech Root Expands Into Renters Market; Product Launched in 3 States

Root Insurance, a property casualty insurtech, has launched a streamlined renters insurance designed and personalized for consumers starting at $6 a month. In addition to covering customers’ personal property and liability from accidents, the new Root renters insurance product pays …

Ringleader of Family Arson Crew in California Pleads Guilty in $4M Operation

Tyler Chen, 48, pleaded guilty this week in the Santa Clara County Superior Court in California following his arrest on multiple felony counts of insurance fraud and arson for his role in setting fires in a $4 million fraud scheme. …

Introducing School of Risk Management and Insurance at Cal State University Fullerton

What’s in a name? In one case, a new name – one with all the sex appeal that “insurance” can add to a title – has people like Framroze Virjee, president of California State University Fullerton, visibly stoked. “This is …

AM Best Comments on California Insurance Co. Ratings Following Regulatory Action

AM Best on Wednesday said the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of California Insurance Co. and its pooled insurance affiliates, collectively referred to as North American Casualty Group, remain under review …

Nearly 30 Kansas Counties, Cities Suing the Opioid Industry

More than two dozen cities and counties across Kansas have sued the opioid industry, from a small town with a population of 150 near the Colorado border to the state’s most populous county at its opposite end. More may still …

Serious Workplace Safety Violations Found After Attacks at Iowa Psych Hospital

Regulators have recommended a nearly $73,000 fine against the Iowa Department of Human Services after finding serious workplace safety violations at a state-run psychiatric hospital where several employees have been assaulted by combative patients. Staffers at the Independence Mental Health …

News Archives by Month