August 31, 2017
Hurricane Harvey’s costs to the victims in its path, to U.S. taxpayers, to insurers and to the economy were still being calculated on Wednesday, with few firm estimates available yet. Texas could need more than $125 billion from the U.S. …
August 31, 2017
A homeowner has filed a lawsuit accusing Wells Fargo & Co. of improperly charging thousands of customers nationwide to lock in interest rates when their mortgage applications were delayed. Filed on Monday in San Francisco federal court, the lawsuit said …
August 31, 2017
Jerry Garcia’s home in Corpus Christi missed the worst of Hurricane Harvey by just a few miles and lost nothing more than some shingles and his backyard pier, which turned up further down Oso Bay. A 5-foot bulkhead and sloping …
August 31, 2017
Officials in two Kentucky counties have voted to hire attorneys to file lawsuits against wholesale drug distributors to help pay for the costs of combating the opioid epidemic. The Kentucky Enquirer reports Boone and Kenton counties approved the measures last …
August 31, 2017
Florida is confronting an uproar over whether the state’s highway patrol is requiring troopers to meet ticket quotas for drivers, including millions of tourists each year who crowd its interstate highways. Top state officials insist quotas are not allowed, but …
August 31, 2017
XL Catlin has added two new enhancements to its professional liability insurance for architects, engineers and other design professionals in the US, including an expanded professional services definition and Principal Protector Coverage for qualifying firms. XL Catlin’s Design Professional team …
August 30, 2017
Ambiguity surrounding a Texas law that goes into effect on Sept. 1 has insurance industry representatives and attorneys who represent insurance policyholders sending conflicting messages to insureds who may have suffered property damage from Hurricane Harvey. HB 1774 was originally …
August 30, 2017
The government-run U.S. flood insurance program had already received 35,000 claims as of noon on Wednesday as a result of catastrophic flooding in Texas, according to the program’s director. “This is a very fast clip for them to move,” said …
August 30, 2017
The Jack Nebel Companies, a Palatine, Illinois-based managing general agent and wholesale broker has promoted Brian Nebel to president. Additionally, founder Jack Nebel is moving into the role of chairman of the board and will remain with the agency on …
August 30, 2017
Omaha, Nebraska-based Method Insurance Services announced it will be the exclusive distribution channel for Stonetrust Commercial Insurance Co. as it enters the Nebraska workers’ compensation market. “Stonetrust is a Nebraska domestic insurer and is pleased to partner with Omaha based …