State National Insurance Co. News

Is Trampoline Job Landscape Work? AI Says Yes. 11th Circuit Says It’s Not Covered

Is the installation of an in-ground trampoline considered landscaping work, covered by a landscaper’s liability insurance policy? Artificial intelligence programs suggest that it is. But human judges with the 11th U.S. Circuit Court of Appeals believe otherwise, despite one of …

Insurer Asserts No Duty to Defend Security Firm in Rhode Island Club Shooting

The insurer for a security firm for a Rhode Island nightclub where shootings and stabbings took place on October 17, 2021 is asking a court to declare it has no duty to defend the security firm. Persons injured in the …

Tesla Auto Insurance Expands Into Ohio

Tesla has expanded its own brand of auto insurance into Ohio, using real-time driving behavior for Model S, Model 3, Model X and Model Y owners. Ohio joins Texas, Arizona, Illinois and California as states where Tesla Insurance is live. …

Velocity Risk to Write Texas Coastal Wind-Only Homeowners Policies

Nashville, Tenn.-based Velocity Risk Underwriters announced it is offering coastal wind-only homeowners insurance policies for customers that may otherwise be insured in the Texas Windstorm Insurance Association (TWIA). Velocity’s homeowners program is rated “A” by A.M. Best. The company is …

Downgraded Meadowbrook Signs Deal with State National for ‘A’- Rated Policies

After A.M. Best downgraded the financial strength ratings of the insurance operations of Meadowbrook Insurance Group on Friday, the insurer announced on Monday that it has entered into an agreement with State National Insurance Co. to provide “A” rated policies …