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Florida Jury Awards Family $500M in Wrongful Death Suit Over Car Shooting

A Florida jury has awarded nearly $500 million to the family of a woman fatally shot during an argument in a car in 2011. The family of 20-year-old Kalil McCoy of Jacksonville filed a wrongful death lawsuit against the man …

Unlicensed Adjuster Arrested for Stealing $14K from Homeowners After Irma

An unlicensed insurance adjuster has been arrested over unlicensed public adjusting activities and the filing of false and fraudulent liens on individuals’ homes following Hurricane Irma, according to a statement from the Florida Department of Financial Services. Chief Financial Officer …

Enviro Risks, Climate Change Lead Concerns in World Economic Report

Environmental risks continue to dominate long-term concerns, a new report shows. World Economic Forum’s Global Risks Report 2019 released on Wednesday included as collaborators Marsh & McLennan Cos. and Zurich Insurance Group, as well as academic advisers at the Oxford …

Normandy Insurance Expands Workers’ Comp Coverage to Texas

Florida-based workers’ compensation carrier Normandy Insurance Co. is now offering workers’ compensation insurance to small, mid-size, and large businesses in Texas. This marks the fourth major expansion by the multi-state insurer in the past two years. Normandy now offers workers’ …

Michigan Senate GOP Priority: Cutting Car Insurance Rates

Michigan Senate Republicans have signaled their intent to make lowering high auto insurance premiums a top priority in the two-year session, proposing legislation that would make it optional for Michigan drivers to buy what is now mandatory unlimited medical coverage. …

Rich Joins EPIC Insurance Brokers in Houston

EPIC Insurance Brokers and Consultants has added Brandon Rich in its property/casualty practice in Houston as a client advocate, reporting to EPIC’s Southwest Region Managing Principal and Director KJ Wagner. Rich will be responsible for new business development and the …

AM Best: Credit Ratings of Brotherhood Mutual Insurance Downgraded

AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” from “a” of Brotherhood Mutual Insurance Co. (Brotherhood) in Fort Wayne, Indiana. The outlook for the ratings is …

Brown & Brown Subsidiary Acquires Illinois’ Izzo Insurance Services

Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Izzo Insurance Services Inc., based in Bloomingdale, Illinois. Founded in 1980 by Karen Izzo, Izzo Insurance Services is a wholesale brokerage that …

3-in-5 Californians Cite Housing Displacement Issues After Severe Weather Events: Poll

Nearly three-in-five Californians whose community was impacted by a natural disaster report that homeowners or renters in their community have been displaced after the disaster and subsequently left the area to reside elsewhere. A poll conducted by a Jumpstart Insurance …

3.7M Earthquake Hits Northern California

The U.S. Geological Survey confirmed a 3.7 preliminary magnitude earthquake rattled the small city of Piedmont in northern California. The USGS says the tremor occurred on Wednesday at 4:42 a.m. The impacts of the earthquake were not immediately known. Earthquakes …

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