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New Alabama State Park Buildings Utilize IBHS Commercial Resiliency Standards

The Alabama Department of Conservation and Natural Resources has utilized construction standards from the Insurance Institute for Business & Home Safety’s (IBHS) FORTIFIED Commercial in the creation of new buildings at Alabama’s Gulf State Park to make them more resilient …

FEMA Seeking to Renew Its Private Reinsurance for Flood Insurance Program

The Federal Emergency Management Agency (FEMA) has begun the process of renewing its private market reinsurance for the National Flood Insurance Program for 2019, a purchase that could encompass $2 billion of reinsurance. FEMA said it intends to procure reinsurance …

Utah Voters Say ‘Yes’ to Medical Marijuana

Voters in Utah have decided to legalize medical marijuana. With most precincts reporting in, Utah’s medical cannabis ballot measure, or Proposition 2, led by a margin of 53 percent to 47 percent. Under the measure patients with physician approval would …

Leavitt Group of Boise Names Kahn Commercial Risk Advisor

Leavitt Group of Boise in Idaho has named Jeremy Kahn a commercial risk advisor. Kahn has eight years of industry experience working with financial institutions, law firms, media and publishing, commercial development, distributors, retailers and non-profit organizations. He was previously …

California Lowers Workers’ Comp Advisory Rate Again

California Insurance Commissioner Dave Jones on Wednesday issued a revised advisory workers’ compensation pure premium rate, lowering the benchmark to $1.63 per $100 of payroll effective Jan. 1, 2019. Jones has reduced the advisory pure premium rate by about 42 …

Beck Holds Narrow Lead Over Laws in Georgia Insurance Commissioner Race

The race for the next Georgia Insurance Commissioner was too close to call Wednesday morning, according to local media outlets in the state. Republican and former deputy insurance commissioner Jim Beck had a slight lead over Democrat and insurance agent …

Real-Time Mapping System to Help Arkansas Firefighters Stay on Track

The days of Mountain Home, Arkansas, firefighters potentially getting lost when responding to an emergency are now numbered. Thanks to a new system being put into place, the firefighters will be given directions and a host of other information in …

Schmidt Elected to Kansas Insurance Commissioner Post

Kansas voters on Nov. 6 favored Republican Vicki Schmidt in the race to become the state’s next insurance commissioner. Schmidt won 63 percent of the vote, with all 3556 precincts counted, according to the Kansas Secretary of State’s office. Her …

Casualty Losses Provide Impetus for 2019 Rate Firming: Willis Towers Watson

Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating losses in the casualty insurance market, according to a report by Willis Towers Watson. The report, designed to be a …

Columbus, Ohio, to Pay Family $410K in Wrongful Death Suit

The City Council in Ohio’s capital city has approved paying the family of an 86-year-old woman killed in a firetruck accident $410,000 to settle a wrongful death lawsuit. The Columbus Dispatch reports Columbus City Council voted on the settlement Monday …

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