Because of the threshold amount, many acts of domestic terrorism may not be certified. Even under the TRIA, insurers may exclude coverage for loss resulting from ‘non-certified’ acts of terrorism. After the smoke cleared and the tragedy was realized, the …
The Property Casualty Insurers Association of America (PCI) has requested that South Dakota Governor Mike Rounds veto Senate Bill 169, which PCI says will increase litigation costs and cause higher insurance premiums for consumers. The bill, which passed the South …
Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on the Atlantic seaboard were hit with …
The February Business Conditions Index for the Mid-America region, a leading economic indicator from a survey of supply managers in a nine-state area, rose for a third straight month pointing to improving economic growth in the months ahead, according to …
Brick Street West Virginia-based BrickStreet Mutual Insurance has been approved to write workers’ compensation insurance in Illinois. The move continues an expansion drive for the company, which was approved to write workers’ compensation coverage in Kentucky last year. BrickStreet said …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
Two bills expected to be heard this week by the South Dakota legislature would favor attorney interests over consumers by changing important policies that control consumers’ insurance costs, according to the Property Casualty Insurers Association of America (PCI). SB 84 …
North Dakota regulators have given approval to Sanford Health Plan to sell health insurance in the state, likely setting up competition with the company that has dominated the North Dakota market for decades but has drawn recent criticism for its …
Oklahoma was one of only four states to show lower unemployment in December, compared with the month before, with a drop of half a percentage point to 6.6 percent, according to federal figures. That was the biggest improvement in joblessness …
A little over two years ago, the Texas Supreme Court issued the landmark decision of Mid-Continent v. Liberty Mutual. In that case, the Court up-ended the traditional relationship of co-insurers by changing the nature of other insurance clauses and stripping …
