Catastrophe risk products and services company, Risk Management Solutions Inc. (RMS), has estimated that insurance losses in the U.S. from Hurricane Hanna will not exceed $400 million. This estimate represents insured losses associated with wind and storm surge, including losses …
Refunds, dividends, credits, or other appropriate premium adjustments automobile insurance companies have offered to their customers due to the COVID-19 pandemic have saved Oklahoma drivers $164 million, the state insurance department reported on July 20. 99 Oklahoma property/casualty insurance companies …
Houston-based CrossCover Insurance Services, a managing general underwriter (MGU) of middle-market commercial properties, has expanded its leadership team with the appointments of Brett Dupre, director of Specialty and Underwriting; Sam McBirney, director of General Property; and Mason Rudloff, director of …
The Roman Catholic Archdiocese of New Orleans is nearing a settlement with federal authorities in a lawsuit alleging fraud involving Hurricane Katrina aid, according to court records filed on July 27. The federal court filing in New Orleans says federal …
Louisiana small businesses that have been hammered by the coronavirus outbreak and haven’t received federal aid can start applying for grants up to $15,000 to cover pandemic-related expenses, under a program created by state lawmakers. Grants in the $275 million, …
An Arkansas music festival that attracted thousands of people last weekend was cited by the state for violating coronavirus safety rules after attendees were seen not wearing masks or following social distancing requirements. Arkansas Alcohol Beverage Control cited organizers of …
As recovery and cleanup efforts got underway on July 27 in South Texas in the wake of a downgraded Hurricane Hanna, worried residents confronted the prospect of undertaking the effort amid a surge in coronavirus cases that has left many …
The Texas Department of Insurance (TDI) has issued a data call to insurance companies writing personal automobile and residential property policies in the state. The department said the information is needed for price comparison on the HelpInsure website. HelpInsure.com is …
The Surplus Lines Stamping Office of Texas (SLTX) has filed a recommendation for a decrease in the stamping fee rate with the Texas Department of Insurance. In a letter to Insurance Commissioner Kent Sullivan, SLTX said its board of directors …
Catastrophe risk modeling firm, Karen Clark & Company (KCC) has estimated the insured loss from Hurricane Hanna, which made landfall on Padre Island, Texas, on July 26, will be close to $350 million, excluding National Flood Insurance Program (NFIP) losses. …
