News

Texas Finalist Named 2017 National Outstanding CSR

Brianne Head, director of Client Services for Independent Insurance Group Inc., in Dallas, Texas, has received the 2017 National Outstanding CSR of the Year Award from the Society of Certified Insurance Service Representatives (CISR) and the Society of Certified Insurance …

Michigan Senate Leader: Any Mandated Car Insurance Rate Cut Is ‘Dead’

Any proposal to automatically cut premiums for Michigan drivers would be “dead” on arrival in the Republican-led Senate, Majority Leader Arlan Meekhof said, bringing into question lawmakers’ long-sought aim to enact major auto insurance changes. Meekhof, on the Legislature’s first …

New Texas Task Force Formed to Investigate Hurricane-Related Fraud

Federal prosecutors will lead a new Houston-based group created to help law enforcement agencies respond to an inevitable wave of fraud and other criminal activity set off by Harvey’s punishing rains. Authorities are warning residents, volunteers and officials in flood …

Now May Be the Time for Homeowners to Buy a Dam

Traveling from Louisiana, four 18-wheelers and more than a dozen workers rolled into the heart of Houston last Tuesday morning. The Cajun crew was there to unfurl and install a unique form of flood protection: three-foot high, seven-foot wide, 250-foot …

Life-Threatening Hurricane Irma Heads for Miami-Dade County

Hurricane Irma continued on a collision course with Miami after devastating a chain of Caribbean islands, triggering the largest evacuation in Miami-Dade County history and threatening to become the most expensive storm in U.S. history. The life-threatening storm is heading …

Equifax Breach Exposed Credit Data of 143 Million U.S. Consumers

Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches …

Coverys to Acquire Global Insurance Management Company of Florida

Coverys, a medical professional liability insurer, and Global Insurance Management Company, Inc. (GIMC), a provider of medical professional liability insurance for physicians and other healthcare providers, have entered into a definitive merger agreement pursuant to which Coverys’ ProMutual Group, Inc. …

HDI Launches Cyber Coverage for Manufacturing Companies

International insurer HDI Global Insurance Company (HDI) has introduced a new cyber product, Cyber+ Smart, designed to support the manufacturing sector. Cyber+ Smart is designed for U.S. enterprises with annual revenues of up to $350 million. Coverage is provided on …

NCCI Files 12% Decrease for Tennessee Workers’ Comp Loss Costs

Workers’ compensation rates in Tennessee are going down again next year. The Tennessee Department of Commerce and Insurance (TDCI) announced this week that the National Council on Compensation Insurance (NCCI) is seeking a loss cost reduction of over 12 percent …

Hurricane Irma Pummels Caribbean Islands; 14 Known Deaths

The eye of Hurricane Irma grazed the Turks and Caicos Islands on Thursday, rattling buildings after it smashed a string of Caribbean islands as one of the most powerful Atlantic storms in a century, killing 14 people on its way …

News Archives by Month