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N.D. Insurance Commissioner Sets Guinness World Record as Tallest Male Politician

North Dakota Insurance Commissioner Jon Godfread has been named World’s Tallest Politician (male) by Guinness World Records. Godfread’s official height is 6 feet, 10 inches (210.767 centimeters) tall as verified in Bismarck on Oct. 4, 2019, the North Dakota Insurance …

Rate Increases Approved for Texas Auto Insurer for Residual Market

Proposed rate increases for both private passenger and commercial auto insurance rates have been approved for the Texas Automobile Insurance Plan Association (TAIPA). The Texas Department of Insurance granted TAIPA’s filing for a 4.9% increase private passenger rates and a …

Supreme Court Allows Sandy Hook Families’ Liability Lawsuit Against Gunmaker

The U.S. Supreme Court dealt a blow to the gun industry, refusing to block a lawsuit against Remington Arms Co. by family members of nine people killed in the 2012 Sandy Hook Elementary School massacre. The lawsuit blames the gunmaker’s …

OJ Simpson Sues Las Vegas Casino Saying He Was Defamed

O.J. Simpson is suing a Las Vegas hotel-casino that banned him in November 2017, alleging that unnamed employees defamed him by telling a celebrity news site he had been drunk, disruptive and unruly. Simpson, on parole in Nevada for a …

Despite Wildfires, California Wine is Doing Just Fine – For Now

If you’re worried that wildfires might have created shortages of Northern California’s 2019 cabernet sauvignon, or even just imparted it with an undesirable smoky flavor, you can relax. The wine is just fine. For now. Despite a late October blaze …

PG&E California Wildfire Victims Sue to Get Paid Before Fire Insurers

PG&E Corp. wildfire victims have filed a new lawsuit arguing they must be fully repaid for the losses of their homes and businesses before fire insurers are as part of the utility’s bankruptcy. The case takes aim at an $11 …

Insurtech Pie Launches TV Campaign in California for Workers’ Comp

Workers’ compensation insurtech Pie Insurance has launched its first national television advertisement campaign with an initial focus in California. The two 30-second spots depict Pie coming to the rescue, interrupting the routine of small business owners “unaccustomed to an easy …

Pool Re Forms Specialist Unit to Help U.K. Insurers Build Terrorism Risk Resilience

Pool Re, Britain’s government-backed terrorism reinsurer, has launched of Pool Re “Solutions,” a specialist unit created to support its member insurers and their policyholders by sharing the understanding and partnerships it has established over 25 years of reinsuring terrorism risk. …

Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License

Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to build and sell its own products. While Zego will still work in tandem with its growing network of insurer partners, …

What to Expect in Commercial Insurance Market Conditions Heading Into 2020

Ongoing rate increases and reductions in capacity are taking shape in most property/casualty commercial lines in the fourth—and for some, will continue into the new year, according to a recent report from broker USI Insurance Services. Only one line—loss sensitive …

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