Bedford County says it has recovered a majority of the money from a recent fraud scheme involving its finance department. Additionally, the statement said the remaining $38,685.31 was reimbursed through the county's social engineering fraud liability insurance coverage, and results in no financial loss to Bedford County taxpayers.
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California Insurance Commissioner Ricardo Lara today announced proposed regulations to prohibit insurance companies from using a driver's marital status as an optional factor when setting private passenger automobile insurance rates, taking the next step in his ongoing effort to modernize California's insurance regulations and strengthen…
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Senator Elizabeth Warren, Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, delivered opening remarks ahead of committee votes on re-authorizing the Terrorism Risk Insurance Act Program as well as President Trump's nominations of Brian Johnson to be Director of the Consumer Financial Protection Bureau, Abby Warren to be…
The following information was released by the office of Arizona Senator Ruben Gallego:. Nearly 60 percent of American businesses that rely on terrorism risk insurance could be left without coverage if Congress fails to act. WASHINGTON Today, Senator Ruben Gallego, along with Senators Tina Smith, Dave McCormick, and Thom Tillis, celebrated the unanimous…
Donalds counters on the campaign trail and in a television ad that Jolly's plan would institute a $1,000 "hurricane tax" on Florida families. The Donalds campaign cites a recently published study from Florida State University as the source of its contention that Jolly's plan would blow a hole in Florida voters' pockets if approved. But that FSU study isn't based…
Californians are weighing a ballot measure that could reshape how local taxes pass, while two major insurers are cautiously reentering the state’ s home insurance market. In Roseville, a celebrated taqueria marked Mexican Independence Day with a dish rarely seen stateside. Here’ s a quick digest.
In an emailed statement signed by Commissioner Chairman Mike Stiles, the county wrote that it has successfully recovered $208,544.69 of the $247,230 total. Additionally, the statement said the remaining $38,685.31 was reimbursed through the county's social engineering fraud liability insurance coverage, and results in no financial loss to Bedford…
Governor Greg Abbott today announced that the Texas Department of Insurance, in response to his August 24 directive, identified actions to protect consumers and make property and casualty insurance more affordable for Texans. "The average annual homeowners' insurance premium in Texas rose 79 percent in six years," said Governor Abbott. Last month, Governor…
David Gorman of Dallas, Texas, has been installed as president of the National Association of Professional Insurance Agents.
Today, Senate Banking Committee Chairman Tim Scott held an executive session to consider terrorism insurance reauthorization and four of President Trump's nominees. Reflecting on the 25th anniversary of September 11 and his experience running an insurance business in South Carolina, Chairman Scott discussed coverage for businesses rebuilding after a…
After freezing new home insurance policies in California in 2022 and 2023, Allstate and State Farm are seeking a limited return to writing new residential policies. State Farm said it will consider issuing policies to homes that meet the strictest Insurance Institute for Business& Home Safety standards for wildfire safety, Lara’ s office said.
“Annex is proud to provide a digital solution to agencies for more challenging risks that in many cases they simply had no feasible home for,” said Charlie Sido, Co-Founder of Annex.“ The Zebra’ s technology-first approach to working with consumers mirrors our own philosophy.”. “As environmental risks grow more complex, homeowners need flexible, specialized…
The following information was released by the California Department of Insurance:. SACRAMENTO, Calif. California Insurance Commissioner Ricardo Lara today announced proposed regulations to prohibit insurance companies from using a driver's marital status as an optional factor when setting private passenger automobile insurance rates, taking the…
The following information was released by the office of the Governor of Texas:. The average annual homeowners insurance premium in Texas rose 79 percent in six years, said Governor Abbott. High insurance costs hit Texas families hard.
2026 SEP 16– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Fresh data on Science are presented in a new report. According to news reporting out of New York City, New York, by NewsRx editors, research stated,“ The U.S. Our news journalists obtained a quote from the research from Columbia University,“ Catastrophic floods often span state boundaries,…
John C. Stanchina, who currently oversees Marsh Agency's mid- Atlantic operations and is based in Henrico County, will become president of Marsh Agency, a middle-market insurance and employee benefits company, in 2027.. Matt Stadler has been named CEO of Marsh Agency, effective Jan. 1, 2027, and will report to Nick Studer, president and CEO of Marsh Risk, its parent…
“The average annual homeowners’ insurance premium in Texas rose 79 percent in six years,” Abbott said.“ High insurance costs hit Texas families hard,” which is why he directed TDI“ to put consumers first, and TDI is taking action to do so. This is after Abbott proposed creating a Texas roof fortification program, The Center Square reported.. He also instructed TDI to…
HoneyQuote, an AI-enabled insurance brokerage building the infrastructure for coastal insurance distribution, has partnered with private equity firm, Growth Catalyst Partners, to accelerate its expansion across Florida and other vulnerable coastal markets. The transaction includes a significant equity commitment from GCP to support acquisitions…
Origami Risk, the industry-leading risk, safety and insurance Software as a Service technology firm, today announced it has been recognized by Gartner in the 2026 Magic Quadrant for SaaS P&C Core Platforms, North America. This marks the third consecutive year Origami Risk has been mentioned in the report. In addition, Origami Risk was named in the Gartner ® Hype…
