White House $29B Disaster Aid Includes Flood Insurance Changes October 9, 2017 By Andrew Taylor The Trump administration last week asked Congress for $29 billion in disaster aid to cover ongoing hurricane relief and recovery...
Why Mandating Cyber Reporting, Basic Coverage Makes Sense: Cyence Exec October 9, 2017 By Don Jergler Matt Honea, cyber manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, thinks a great way to get companies...
Mississippi Insurance Agent Arrested for Embezzling Customer Premiums October 9, 2017 A Mississippi insurance agent was arrested last month for allegedly converting customers’ premium payments for his own use. Attorney General...
After Hurricane, Bond Insurer Drops Lawsuit Against Puerto Rico October 8, 2017 Puerto Rico bond insurer Assured Guaranty Ltd. said late on Friday it voluntarily withdrew a complaint that challenged the legality...
Estimated $2.5 Billion Gulf Coast Damage from Nate Less Than First Feared October 7, 2017 By Brian K. Sullivan and Amy Stillman Oil companies were heading back into the Gulf of Mexico and working to restore operations after Hurricane Nate fizzled out...
Sunday Update: Weakened Tropical Storm Nate Brings Rain, Tornado Warnings to South October 7, 2017 By Rod Nickel and Jessica Resnick-Ault Hurricane Nate weakened to a tropical depression on Sunday after coming ashore in Mississippi, flooding roads and buildings but sparing...
A.M. Best Revises Outlook to Positive for Insurance Company of the West October 6, 2017 A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
California Department of Insurance Names Yang Deputy Commissioner October 6, 2017 California Insurance Commissioner Dave Jones has named Amorette Yang to deputy commissioner of the California Department of Insurance’s community programs...
Oregon Scouts Sued for $21M in Sex Abuse Claim October 6, 2017 Attorneys representing three former Boy Scouts are suing the Boy Scouts of America and its Portland, Ore.-area chapter for $21...
Los Angeles Will Pay $7.5M To Paralyzed Cyclist October 6, 2017 Los Angeles will pay $7.5 million to a bicycle rider who was paralyzed when he crashed after hitting uneven pavement....