The Louisiana Department of Insurance announced Feb. 3 that it is streamlining the form-filing process for five additional lines of commercial insurance by adding them to the list of lines eligible for certified approval. The LDI said that the certified …
The Texas Windstorm Insurance Association Board voted Feb. 2 to select Aon to perform catastrophe modeling analysis to satisfy the Board’s statutorily required determination of the Association’s 1-in-100-year probable maximum loss (PML) for the 2022 hurricane season and reinsurance purchase …
Austin, Texas-based Technical Risk Underwriters, a Ryan Specialty Group managing general underwriter focused on construction, has secured $100 million of wood frame builder’s risk capacity, effective January 1, 2022. This newly secured wood frame capacity is offered in addition to …
Airlines canceled hundreds of flights, governors urged residents to stay off roads and schools closed campuses as a huge swath of the U.S. braced for a major winter storm that was set to put millions of Americans in the path …
Auto insurer Lyndon Southern Insurance Company has paid a maximum $350,000 fine after the Louisiana Department of Insurance performed a comprehensive market conduct examination of the company and found 32 instances of improper activity and/or business practices that were noncompliant …
A major winter storm was expected to affect a huge swath of the United States beginning Feb. 1, with heavy snow starting in the Rockies and freezing rain as far south as Texas before it drops snow and ice on …
Jencap Group LLC has acquired the assets of Delta General Agency Corporation, a full-service specialty wholesale brokerage and managing general agency based in Houston. Delta will operate under the auspices of the Jencap Insurance Services division. Delta General Agency Corporation …
Insurers have paid or reserved $10.5 billion on all types of Hurricane Ida-related claims in Louisiana through the end of 2021, Insurance Commissioner Jim Donelon said in a release Jan. 31. The Louisiana Department of Insurance generated claims information from …
Arkansas lawmakers on Jan. 28 cleared the way for state-run health care facilities to require employees to get the COVID-19 vaccine after officials warned that blocking the move would jeopardize more than $700 million in federal funding. The Arkansas Legislative …
A 4.5 magnitude earthquake struck northern Oklahoma at 11:10 a.m. CST Jan. 31 about seven kilometers northwest of Medford, the United States Geological Survey confirmed. A USGS Community Internet Intensity Map reported that people across Oklahoma and southern Kansas experienced …
