The Nebraska Supreme Court recently upheld the finding of a lower court that a crop insurance agent breached the terms of her contract with a former employer when she went to work for another agency. However, in First Express Services …
Lennox Investments LLC, an investment group focused on financial services businesses, announced plans to acquire Southport Re(Cayman) Ltd. (SPRC), a Cayman Island-domiciled property/casualty reinsurance company. Established in 2012, SPRC wrote approximately $32 million in gross premiums in 2013. SPRC focuses …
A bond reduction hearing for a woman accused of setting a D’Iberville, Miss., apartment building on fire resumes Thursday in Harrison County Circuit Court. Krystal Gonzalez and her attorney, Michael Crosby, are seeking a reduction in the $2 million bond …
New Jersey Transit is taking a hard look at safety, in the wake of the recent crash of a commuter train in New York City. The agency on Tuesday approved spending just under a half-million dollars on an outside consultant …
According to catastrophe modeling firm AIR Worldwide, as of the Australian Government Bureau of Meteorology (BOM) advisory issued on Wednesday April 9, 10 p.m. (Australian Eastern Standard Time [AEST]), Severe Tropical Cyclone Ita – classified as a Category 3 storm …
The storms that rolled across the Denton area in north Texas in early April are estimated to have caused $300 million in insured losses. The area was hit by softball size hail and three tornadoes. The thunderstorms erupted April 3 …
The Louisiana Supreme Court has upheld an appeals court ruling on the taxation of underground salt dome caverns that could mean some cavern owners will pay hundreds of thousands to millions of dollars more in property taxes annually to local …
Texas Commissioner of Workers’ Compensation Rod Bordelon told the Texas House Committee on Public Health that the number and cost of opioid drug prescriptions in the Texas workers’ compensation system has declined. Testifying before the committee on April 7, Bordelon …
Parasailing in Florida moved closer to becoming a regulated industry Thursday, with the Senate approving a bill that would place safety guidelines on companies. The legislation details insurance, equipment and license requirements, along with weather conditions that would force operations …
After rolling out their customer self-inspection app “Express Inspection” for insurance claims, OnSource continues to expedite the inspection process by releasing a version of the smartphone/tablet app for use by their field inspectors to easily perform photo and video inspections …