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New Mexico Explains Role in Enabling Applied Underwriters Sale

The growing drama behind the $920 million sale of Berkshire Hathaway-owned Applied Underwriters to its founder Steven Menzies got another voice added to the story. The New Mexico Office of Superintendent of Insurance on Thursday said New Mexico facilitated the …

IBHS Chief Continues to Ask Congress to Embrace Tax Credits for Climate Resilience

The Insurance Institute for Business & Home Safety has its eye on more than just helping improve safety on the roads and in homes. The climate and severe weather have also been on the IBHS radar lately. Roy E. Wright, …

Meyer Named Interim Executive Director at Texas Surplus Lines Stamping Office

Don Meyer has been appointed interim executive director at the Surplus Lines Stamping Office of Texas (SLTX). The appointment, approved by the SLTX board of directors, was effective Tuesday, Oct. 22, 2019. Meyer has more than 37 years of experience …

Oklahoma County to Pay $12.5M to Settle Suit Over Inmate Death

Officials in northern Oklahoma have agreed to pay $12.5 million to settle a lawsuit over the death of an inmate in a restraint chair at the county jail. According to court records, the Garfield County Board of Commissioners took the …

9 Tornadoes Confirmed in North Texas Outbreak; Insured Losses Pegged at $2B

The National Weather Service says nine tornadoes struck the Dallas area during Sunday’s stretch of severe storms in Texas. Forecasters confirmed the twisters Tuesday after surveying damage throughout North Texas. The strongest of the tornadoes hit the heavily populated north …

McNeil & Co. Acquires Bonding & Insurance Specialists Agency in Illinois

McNeil & Co. (McNeil) as acquired Bonding & Insurance Specialists Agency Inc. (BISA), an Orland Park, Illinois-based firm providing insurance products in the environmental and restoration industries. As part of the agreement, BISA has become a program of McNeil, which …

500K-Plus Californians Lose Power; Large Wildfire Rages

More than half a million people have lost power across California as part of a deliberate blackout designed to keep power lines from igniting wildfires. Meanwhile, a major blaze has already erupted. PG&E Corp. and other utilities have cut service …

Washington Tornado Uprooted Trees, Sending Them into Homes

The National Weather Service confirmed a tornado touched down near Shelton, Wash. The tornado his on Friday night, with had winds up to 100 mph. The tornado started on land and traveled more than a half mile before moving over …

Woman Sues Oregon Clinic Claiming of Past Abuse by Pediatrician

A woman who says she was repeatedly sexually abused by her pediatrician has filed a $1 million lawsuit against the doctor’s former medical clinic in Oregon. The Oregonian/OregonLive reported that the woman says the abuse occurred in the 1980s and …

Several States Have Doubts About $48 Billion Opioid Settlement Offer

Several U.S. states that have been ravaged by the opioid epidemic are pushing back on a proposed $48 billion settlement framework that would resolve thousands of lawsuits against five drug companies accused of fueling the addiction crisis. The proposal would …

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