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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 …

Congress Eyes More FEMA Disaster Aid, Short-Term Flood Insurance Renewal

The U.S. Federal Emergency Management Agency will run out of disaster assistance funding on Friday unless Congress approves more money, two Florida senators warned on Thursday. As Hurricane Irma barrels through the Caribbean on its way to an expected landfall …

Woodruff-Sawyer Adds Brissette as Vice President in Hawaii

Woodruff-Sawyer has named Nikki Brissette an account executive and vice president in its Hawaii-based operations, Risk Solution Partners. Brissette will be responsible for client relationships, designing risk management programs, recruitment and business and product development. Prior to joining RSP, Brissette …

Specialty Program Group Acquires Assets of Monarch E&S Insurance Services in California

Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services. Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm provides solutions for lines of business in both the commercial …

Bad Design, Poor Construction Blamed for California Dam Damage

Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety experts said this week as …

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