Homeowners with mortgages who are at risk of flooding from rivers and creeks are more likely to be underinsured for floods than coastal residents, according to a new report from the Consumer Financial Protection Bureau. Using a sample of mortgage …
CFPB Finds Properties May be Underinsured in Non-Coastal Flood Zones Read More »
Texan Insurance, full-service insurance agency, announce its acquisition of Austin, Texas-based J&M Insurance, a trusted provider of personal and commercial insurance solutions for nearly two decades. Founded in 2005 by Todd Michalowski, J&M Insurance offers independent commercial, home and auto …
Texan Insurance Acquires J&M Read More »
The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by collecting their personal data and sharing it with third parties. As part of the settlement, GM will be banned for …
General Motors Settles With FTC Over Sharing Driver Data Read More »
The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to continue its run of premium growth and improved underwriting results over the next 2 years. According to a report from …
P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman Read More »
California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms. That means waiving green construction mandates designed to combat climate change — which is driving such conflagrations by making conditions …
Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger Read More »
RALEIGH, N.C. (AP) — The mother of a North Carolina university student killed while on a ride-along in a Highway Patrol cruiser can continue suing for gross negligence the trooper who drove off the road during a high-speed chase, a …
NC Court Says Mother Can Sue Trooper After Student Killed in Ride-Along Read More »
Donald Trump will leave Mar-a-Lago and head to Washington next week to be sworn in as president. On his way out of South Florida, his family business scored a long-sought local victory. In a 4-0 vote on Wednesday, the Doral …
Trump’s Miami Resort Wins Approval for $3 Billion Condo Project Read More »
This edition of International People Moves details appointments at Arch Insurance International and Markel. A summary of these new hires follows here. Arch Insurance Int’l Promotes Senior Leaders in Casualty Team Arch Insurance International announced three senior promotions within its …
CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion to $45 billion, but there are a lot of factors that could change the numbers. “We don’t know,” Tom Larsen, …
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured Read More »
Two decades after its subsidiaries were deemed insolvent and 155 years after it was founded, one of the oldest insurance companies in the South has officially gone out of business. Seibels Bruce & Company’s 128,000-square-foot office building in Columbia, South …
Seibels Bruce, One of the South’s Oldest Insurance Companies, Closes its Doors Read More »
