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Insurance Navy Auto Insurance Expanding into Las Vegas

Insurance Navy Auto Insurance is expanding into Las Vegas, Nevada with its car insurance offerings. Insurance Navy Brokers opened its first location in Las Vegas, at 3266 Las Vegas Blvd N STE 12. The new branch in Las Vegas, will …

Insurance Commissioner Orders Protections for 15,000 Californians Following Fires

California Insurance Commissioner Ricardo Lara on Thursday ordered insurers to preserve residential insurance coverage for more than 15,000 policyholders affected by fires in Del Norte County and Siskiyou County after Gov. Gavin Newsom issued emergency declarations last month. The commissioner’s …

New England Braces for Lee After Days of Torrential Rains

Soaked and stunned residents in neighborhoods across Massachusetts, Rhode Island and Connecticut have begun surveying and fixing damage from several days of flooding and a reported tornado, while they and others in the region also prepare for more heavy rain …

Caesars Entertainment Paid Millions to Hackers in Attack

Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter. The disclosure of the alleged …

For the Fifth Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best

Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a new AM Bestreport. The new Best’s Market Segment Report, …

USDA Expands Whole Farm Revenue Protection, Micro Farm Insurance Plans

The U.S. Department of Agriculture’s Risk Management Agency (RMA) announced changes to the Whole Farm Revenue Protection (WFRP) and Micro Farm Insurance plans in an effort to increase participation and access to crop insurance for producers of specialty crops. Improvements …

Policygenius Finds Average Home Insurance Prices Up 21%

Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance during the time period analyzed by Policygenius …

Louisiana Fortify Homes Program to Launch October 2

Homeowners insured by Louisiana Citizens will be able to apply for up to $10,000 to repair or replace their roofs in October when the Louisiana Fortify Homes Program (LFHP) opens its first round of grants. The Louisiana Department of Insurance …

Hawaii Health Officials Warn Volcanic Smog Has Returned During Latest Eruption

The latest eruption of a Hawaii volcano isn’t threatening any infrastructure but health officials are warning the public about air-quality hazards from volcanic smog known as vog. Kilauea, one of the most active volcanoes in the world, began erupting Sunday. …

People Moves: Jacobson Joins Rockford Mutual as COO

Jacobson Joins Rockford Mutual as COO Robert Jacobson joined Rockford Mutual, headquartered in Rockford, Ill., as chief operating officer. Jacobson has over three decades of property and casualty insurance experience, having held senior as vice president at Liberty Mutual, vice …

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