News

IBTX Risk Services Opens Office in Houston

San Antonio-based independent insurance agency, IBTX Risk Services, announced it has expanded into the Houston market. IBTX will engage clients and prospects in this new market, working to expand their client base in the property and casualty, oil and gas, …

Donald Trump Withdraws Lawsuit Against Florida City Over Noise Ordinance Violations

Donald Trump has withdrawn a lawsuit he just filed against city officials in a Miami suburb over noise-ordinance violations against his resort. Trump spokesman Ed Russo was quoted by the Miami Herald last week as saying that the lawsuit was …

Insurance Department: 1-in-3 Missourians Impacted by Anthem Data Breach

The Missouri Department of Insurance reported it received new information from Anthem that shows one-in-three Missourians’ personal information was compromised during a recent cyberattack on the health insurer. More than 2 million Missourians are affected by the data breach. “This …

South Carolina City to Pay $700K to Family of Pregnant Woman Shot by Cop

The family of a pregnant woman shot and killed by a Woodruff police office will be given $700,000 to settle a lawsuit over the killing. Lacey Lamb’s family said the 28-year-old woman was trying to stop the car instead of …

City’s Refusal to Pay for Sinkhole Damage Upsets Ohio Driver

A truck owner says the city of Dayton should compensate him for sinkhole damage that left his truck inoperable. The Dayton Daily News reports that 52-year-old Mike McDonald is infuriated that the city rejected his $10,000 claim. He says the …

USI Appoints Deskins as Bond Manager for Kentucky

USI Insurance Services has added Randy Deskins to the USI MidSouth region as its bond manager. Based in the USI Louisville, Ky., office, Deskins will be responsible for managing the service delivery of surety clients and surety carrier relationships throughout …

North Dakota Oil Patch Highway Is State’s Most Dangerous

The main north-south artery in North Dakota’s oil patch is the most dangerous stretch of road in the state, newly released statistics show. U.S. Highway 85 had the most fatal accidents, injury accidents and property damage accidents, according to a …

Insurance Price Comparison Site Comparenow.com Becomes Compare.com

Comparenow.com, an insurance price comparison website in the U.S., will now operate as compare.com, simplifying its name to better align with its services. The company, which has operated as comparenow.com since it launched in March 2013, felt its recent success …

Ratings of Houston-Based Delta Lloyds Insurance Co. Downgraded

Ratings agency A.M. Best has downgraded the financial strength rating (FSR) to B+ (Good) from B++ (Good) and the issuer credit rating (ICR) to “bbb-” from “bbb+” of Delta Lloyds Insurance Co. of Houston, Texas (Delta Lloyds). The outlook for …

Confirmed GM Ignition Switch Death Toll Rises to 57

The death toll from crashes involving General Motors cars with defective ignition switches has climbed to 57. The total is one more than last week. It was posted Feb. 23 on an Internet site by compensation expert Kenneth Feinberg. Feinberg …

News Archives by Month