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New Hampshire’s G&A Insurance Joins Northern United Agents Alliance

The Northern United Agents Alliance (NUAA) of Concord, N.H., has announced that G&A Insurance of Dover, N.H., has joined the NUAA as a participating member. G&A Insurance is a locally-owned, full-service agency that was formed in April 2011. The team …

Data Firm TransUnion Buys Driving Records Provider Datalink

Data provider TransUnion sad it has completed the acquisition of Datalink Services Inc., also known as Compass Driving Records, a nationwide provider of vehicle and driving records and driver pre-screening services. Chris Cartwright, president of TransUnion’s USIS division, said Datalink …

Harvey’s Catastrophic Costs Mount; Many Lack Adequate Insurance

Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe — with damages likely to stretch into tens of billions of dollars and an unusually large share of victims lacking adequate insurance, according to early estimates. Harvey’s …

Typhoon Hato Will Have Limited Financial Impact on Macau Insurers: A.M. Best

Typhoon Hato will have only a moderate impact on the earnings of rated non-life insurers in Macau, and a limited effect on their financial strength, according to A.M. Best. On Aug. 23, 2017, Typhoon Hato (Category 2 on the Saffir-Simpson …

25 Years Later…What If an Andrew-Type Storm Hit Florida Today?

Though Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, the risk of such a storm has not gone away or even declined. In fact, the state’s risk of destruction …

South Carolina Private School Sued Over Disclosure of Private Student Medical Info

A parent has sued a South Carolina private school the same day the school sent out an email that included private medical information about 86 students. The lawsuit said an email Friday from the school nurse asking for updates on …

High Cost, Scarcity of Insurance Keeping Vendors from Sears Shelves

U.S. department store operator Sears Holdings Corp. is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk. The strain in Sears’ supply chain is exacerbated by …

Harvey’s Flooding of Houston ‘Beyond Anything Experienced Before’

Catastrophic flooding triggered by Tropical Storm Harvey inundated Houston on Sunday, forcing residents of the fourth most populous U.S. city to flee their homes in boats or hunker down in anticipation of several more days of “unprecedented” rainfall. Harvey came …

Hurricane Harvey Could Spur Congress to Act on Flood Insurance

The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, advocacy groups said. The National …

Hurricane Harvey’s Flood Insurance Losses Could Match Katrina’s

Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, said an insurance research group on Sunday. As heavy rain pounded Houston and Texas’s coastal counties, the Insurance Information …

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