As Floridians are preparing for summer vacations, with many planning to travel during the Memorial Day weekend, Florida’s Chief Financial Officer Tom Gallagher is reminding consumers to consider options for ensuring their trip won’t be rained out. “Travel insurance can …
The Progressive group of insurance companies announced that it is expanding its partnership with Applied Systems to help independent agencies provide faster, more accurate customer service. Now, agents and brokers who sell and service Progressive can access real-time claims information …
California State Senator Chuck Poochigian (R-Fresno) has introduced a bill designed to streamline workers’ compensation fraud enforcement by enhancing district attorneys’ tools to aggressively prosecute fraud and abuse. SB X4 18 would redesign the state’s current system by shifting the …
A Louisiana state court jury ruled in a class-action suit that the tobacco industry must pay a little more than $591 million to fund a 10-year program to help smokers in the state shake the habit. The same jury found …
A.M. Best Co. has just released a new study of the U.S. property/casualty industry in the past decade, which concludes that it has “shown resiliency and improved risk management amid extraordinary events.” The announcement noted that “since 1969, this business …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Spain’s Mapfre Asistencia Compania Internacional de Seguros y Reaseguros SA with a stable outlook. “The rating reflects the company’s strategic importance to its ultimate …
Standard & Poor’s Ratings Services announced that, following a review, it has affirmed its ‘BBB’ long-term counterparty credit and insurer financial strength ratings on U.K.-based insurer Sunderland Marine Mutual Insurance Co. Ltd. (SMMI) with a positive outlook. “The ratings reflect …
The National Response Team (NRT) from the Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF), United States Justice Department along with ATF special agents from Miami, have entered the investigation of a commercial fire that occurred on Thursday morning, May …
Colorado Governor Bill Ownes signed several bills on Friday, including legislation strengthening the penalties against uninsured motorists in Colorado. “The majority of Coloradans who pay auto insurance premiums are being victimized by those who don’t. Today, we are taking steps …
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: * Glady Fork Mining Inc., a Wyoming County …