The Texas Windstorm Insurance Association (TWIA) board has unanimously approved an additional Class 1 member assessment of $106.8 million for Hurricane Harvey losses, the Insurance Council of Texas (ICT) reported. The newly approved assessment follows the $175 million assessment OK’d …
Huffman Insurance Group, based in Moberly, Missouri, recently hired Sheri Neal as its new customer service representative (CSR). In this position, Neal will handle the collection, processing, and distribution of all agency information. She will assist with account retention, as …
Chipotle Mexican Grill Inc. reopened a restaurant in Ohio on Tuesday that was temporarily closed after customers reported getting sick. The restaurant, located in the city of Powell, was voluntarily closed for cleaning on Monday after local health officials and …
Alliant Insurance Services Inc. has named Andrew Oram vice president in its employee benefits group. He will be based in San Diego, Calif. He was previously a benefits consultant with Arthur J. Gallagher. Newport Beach, Calif.-based Alliant provides property/casualty, workers’ …
PG&E Corp. has hired law firm Weil, Gotshal & Manges LLP to explore debt restructuring options, people familiar with the matter said on Tuesday, as California’s biggest utility grapples with liabilities stemming from last year’s wildfires in the state that …
President Donald Trump has approved a disaster declaration for five Vermont counties that were damaged during severe storms in early May. Republican Gov. Phil Scott says that a preliminary damage assessment by the Federal Emergency Management Agency identified almost $1.3 …
Two more women have filed federal lawsuits alleging that a New Jersey university is partly to blame for sexual assaults after they say school officials turned a blind eye to an unsanctioned fraternity known for underage drinking and sexual misconduct. …
The Massachusetts Legislature gave final approval Monday to a bill that would tax and regulate short-term rentals, including those offered by Airbnb and other online platforms. After weeks of negotiations, House and Senate lawmakers reached agreement on the compromise bill …
Global insurer American International Group and private equity and financial services firm The Carlyle Group are forming a partnership to build a standalone provider of reinsurance, claims handling and run-off management services for long-dated, complex risks to the global insurance …
Dozens of people were injured when a packed Aeromexico-operated Embraer jet crashed right after takeoff in Mexico’s state of Durango on Tuesday, but authorities said most were not seriously hurt and there were no fatalities. The mid-sized jet was almost …
