March 24, 2020
The Texas Department of Insurance (TDI) said certain licensing requirements for insurance agents and adjusters will be waived during the state’s response to the COVID-19 health emergency. TDI said the measures will ensure agent and adjuster services remain available. New …
March 23, 2020
The Financial Stability Rating (FSR) of A, Exceptional, assigned to Louisiana’s Centauri National Insurance Co. by Demotech Inc. may be subject to change as Centauri National’s parent company, Centauri Specialty Insurance Co., has terminated its planned acquisition by Avatar Partners …
March 23, 2020
Neptune Flood Inc., an all-digital, online flood insurance company, has opened for business in Arkansas and Illinois. Households in these states now have access to Neptune’s simple flood insurance solution. Neptune also announced that it has entered Idaho and that …
March 23, 2020
Severe storms, including at least one possible tornado, struck parts of Arkansas on the evening of March 19, damaging homes and causing widespread damage to trees and power lines. Additionally, the National Weather Service has confirmed tornadoes are to blame …
March 20, 2020
The Texas Department of Insurance has approved various rate changes for the Texas Fair Access to Insurance Requirements Plan Association (FAIR Plan). On Dec. 20, 2019, the FAIR Plan filed residential property insurance rates for its homeowners (HO-A), dwelling (TDP-1), …
March 20, 2020
Louisiana has suspended its 2020 regular legislative session until March 31. State senators, representatives, stakeholders and citizens with an interest in legislative proposals have been instructed by House and Senate leadership to work together remotely via phone and email on …
March 20, 2020
At least one unconfirmed tornado tore through part of rural North Texas on Wednesday night, damaging numerous roofs and outbuildings, officials said. There were no immediate reports of injuries. Storm spotters reported that a suspected tornado tore through a rural …
March 19, 2020
Its employees are now working remotely but the Surplus Lines Stamping Office of Texas (SLTX) reports that all duties and responsibilities, including policy processing and fee collections, continue to be met. SLTX said it enacted a work-from-home policy for staff …
March 19, 2020
A restaurant in the heart of the New Orleans tourism district filed a lawsuit on Monday asking a state judge for a declaratory judgment that its business-interruption policy will cover its damages if it is ordered to close by civil …
March 19, 2020
A new managing general agent has taken over the policies of Windhaven Insurance Company subsidiary The Hearth Group and will begin writing new business in Florida and Texas in the near future. EG Insurance Agency, based in Florida and Texas, …