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States Urge Insurers to ‘Spread the Word’ on Flood Insurance to Boost Sales

It might be time for carriers and agents to encourage their clients to buy flood coverage even if they’re not living and working inside a flood zone. Such an action is long overdue, according to insurance commissioners from Florida, South …

Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk

Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of …

E-Scooter Fires Pit Sharing Firm Lime Against Manufacturer Segway

Segway Ninebot, the primary manufacturer of shared electric scooters, is hitting back three days after one of the biggest scooter-sharing companies said manufacturing issues had led some vehicles to smolder or even catch fire. In a statement on Friday, the …

2 Residents, Staff Member Hurt in Florida Nursing Home Fire

Authorities say a fire broke out in a South Florida nursing home, injuring two residents and a staff member. The SunSentinel reports more than 100 people were evacuated when the fire started in a resident’s room after 11 p.m. Thursday …

16 Sent to Hospital After Carbon Monoxide Exposure at North Carolina Hotel

Sixteen people, including one child, were taken to a hospital after authorities say they were exposed to carbon monoxide at a North Carolina hotel. News outlets report that employees and guests at the Holiday Inn Express in Jacksonville were suffering …

Windhaven Insurance of Florida Appoints Rosilier as Chief Financial Officer

Windhaven Insurance has named John D. Rosilier as chief financial officer of the Miami-based auto insurance carrier, according to Jimmy E. Whited, CEO of Windhaven Insurance & The Hearth Insurance Group. In this new role, Rosilier will be responsible for …

North Carolina Insurance Head Sends Controversial Campaign Contribution to FBI

North Carolina’s insurance commissioner said he’s handing over to the federal government a contribution that’s the subject of a citizen’s complaint alleging improper campaign giving by a leading state donor who also faces scrutiny from federal investigators. Insurance Commissioner Mike …

South Carolina Residents Sue Company Over Toxins Flooded Into Homes by Florence

Residents of a South Carolina town are suing one of the area’s major employers alleging it allowed toxins to flood onto their property and into their home during Hurricane Florence. The State reports Cheraw residents George Martin and Catherine Martin …

Investigators: Contractor Mismarked Gas Line Before Deadly Wisconsin Blast

A utility-location worker failed to properly mark a natural gas line in a Madison, Wisconsin, suburb this summer, leading to an explosion that leveled more than half a dozen buildings and killed a firefighter, according to court documents. A search …

Medical Profession Liability Insurer ISMIE Mutual Expanding Into Ohio

ISMIE Mutual Insurance Co., a medical professional liability insurance provider, is expanding into Ohio after state regulators there granted the company admitted status. ISMIE said it is now able to offer Ohio physicians, health professionals and medical entities of all …

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