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Amica Mutual Downgraded by A.M. Best Citing Increasing Catastrophe Losses, Auto Claims

Amica Mutual Insurance Co. no longer has a perfect financial strength rating from A.M. Best. More catastrophe losses and worsening automobile insurance claims severity are both to blame. Specifically, an A+ (Superior) financial strength rating (FSR), down from A++(Superior), now …

Deadline Extended for Louisiana NFIP Policyholders Affected by August Flood

Insurance Commissioner Jim Donelon says the Federal Emergency Management Agency (FEMA) has granted an additional 90-day extension of an important deadline for National Flood Insurance Program (NFIP) policyholders affected by the August flood. The program normally requires policyholders to file …

Moussaid Named Senior VP in JLT Speciality’s Dallas Office

JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has appointed Robert Moussaid as senior vice president focused on the power sector. He is based in Dallas. Moussaid comes to JLT with more than 23 years’ …

EPA to Oklahoma Officials: Do More to Curb Earthquakes

The Environmental Protection Agency told Oklahoma regulators last November to do more to protect the state from a surge in earthquake activity that scientists have linked to the underground disposal of oil and gas wastewater. An EPA administrator sent a …

Springfield, Missouri Man Accused of Arson Spree

A Springfield, Mo., man who has been accused of a spree of fires in cars and trash containers near a low-income housing complex told police he can’t stop himself from setting the blazes, at times just to watch the flames, …

Insurance Department Staff to Meet with Students at Kansas Universities

A Kansas Insurance Department staff member will be visiting with business majors at Kansas universities during February to promote insurance courses as part of a statewide education initiative to attract more employees to the insurance industry. The initiative, sponsored by …

Halvorsen Joins HUB International Midwest as Technology Practice Leader

Robert Halvorsen has Technology Practice Leaders team at HUB International Midwest, a division of HUB International Limited. As a technology practice leader (TPL), Halvorsen will be responsible for helping to provide customized technology support and guidance to HUB International Midwest …

CNA CEO Robusto ‘Back in the Game,’ Sees Room for Improvement in 2017

CNA reported fourth quarter and full year 2016 results, with its new CEO indicating that while there is a strong foundation at the insurer, the company has work to do in improving underwriting discipline and results and that is his …

Oregon Jury Sides With City in Police Dog Attack

An Oregon jury has ruled against a man who sued the city of Salem after he was bitten by a police dog. The Statesman Journal reported John Hillebrand sought $1 million for physical pain, emotional harm and legal fees. Hillebrand …

Group in Oregon City Is Suing Its Carrier over a Fire Payout

The Eugene Civic Alliance in Oregon has sued its insurance carrier for more than $325,000 after the burning of Civic Stadium. The Register-Guard reported that the nonprofit group wants to build a new complex on the former site of the …

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