Recent wildfires in Nebraska have left many cattle operations facing urgent management decisions. Once humans are safe, producers should focus on three priorities: stabilizing livestock through health checks and access to clean water and feed, documenting losses and engaging with insurers and/or assistance programs, and developing a grazing recovery…
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Specialty insurer HSB today introduced a new artificial intelligence liability insurance coverage that protects businesses from lawsuits resulting from the use of AI technologies. Designed for small and medium-sized companies, HSB AI Liability Insurance can pay for AI-related losses that some General Liability policies exclude, including bodily…
OKLAHOMA CITY– The Senate on Tuesday passed a bill that would require those holding a special event license to carry liability insurance, despite concerns over fairness. Senate Bill 2178 would require the licensee to carry general liability insurance, including liquor liability coverage, of $1 million per occurrence and $2 million total.
The following information was released by the Ohio State Medical Association:. OSMA is excited to report that House Bill 220, one of a series of insurance reform proposals we have been spearheading support for in the Ohio Legislature, was voted unanimously out of the House Insurance Committee Tuesday morning. This is a huge step in the legislative process and…
OKLAHOMA CITY— The Senate on Tuesday, March 17, 2026, passed a bill that would require those holding a special event license to carry liability insurance, despite concerns over fairness. Senate Bill 2178 would require the licensee to carry general liability insurance, including liquor liability coverage, of $1 million per occurrence and $2 million total.
Odyssey Reinsurance Company today announced the appointment of Philip Klecan as its chief agent in Canada, effective March 27. Mr. Klecan succeeds Jean-Raymond Kingsley, who is retiring after 15 years with the Company. Odyssey Reinsurance Company is a globally diversified underwriter of property and casualty reinsurance products.
Against a backdrop of widespread premium increases, high deductibles and rising out-of-pocket expenses, property insurers in the United States have managed to improve customer satisfaction. According to the JD Power 2026 U.S. “There was no shortage of headwinds to customer satisfaction with the property claims experience this year, particularly when it…
Social engineering and cyber risk
Social engineering is the top driver of commercial cyber claims.
Florida tort reform: A new era for insurance company loss ratios
Florida’s recent tort reforms were designed to reduce lawsuit incentives and the additional costs that arise when claim payouts increase because of societal and legal pressures.
The following information was released by the American Tort Reform Association:. A new report from theAmerican Tort Reform Association exposes a staggering surge in lawsuit ads across New York, revealing how aggressive marketing campaigns fuel both fraud and skyrocketing auto insurance premiums amid Gov. New Yorkers are trapped in a rigged game where…
MILTON, Fla.— More Milton residents are eligible to take advantage of the flood insurance discount, according to City of Milton officials. The discount now applies to policyholders inside and outside the Special Flood Hazard Area, meaning more Milton residents can benefit. strengthen our community's flood preparedness while also saving Milton residents…
SWBC is proud to announce that Joan Cleveland, President and CEO of SWBC Life Insurance Company and Executive Vice President of SWBC Property and Casualty Insurance Company, has been appointed by the Texas Commissioner of Insurance to the Texas Life and Health Insurance Guaranty Association Board of Directors. Joan Cleveland, President and CEO of SWBC Life…
Pa. authorities: Reading repair shop owner staged crashes with wife and others for insurance payouts
In January 2023, Fatima V. Valenzuela of Reading filed an auto insurance claim alleging her husband’ s flatbed tow truck had been rear-ended by an SUV three months earlier on Route 222 near Kutztown. But an investigation by Three Insurance Co. revealed an identical claim involving the same vehicles and crash details had been filed just two months earlier with…
Hartford is home to the state government, some of the state's largest private sector employers and an abundance of cultural attractions. Members of the Vision Committee, a group formed last year that includes the CEOs of property and casualty insurer The Hartford and the Hartford HealthCare system, as well as the mayor of Hartford, held a press conference…
By T.L. Meyer, Livestock Systems Extension Educator. Recent wildfires in Nebraska have left many cattle operations facing urgent management decisions. Once humans are safe, producers should focus on three priorities: stabilizing livestock through health checks and access to clean water and feed, documenting losses and engaging with insurers and/or…
After years of struggling to bring down rates of homeowners’ insurance, Louisiana lawmakers have coalesced around one program that has proven to lower premiums: Building stronger roofs. Housing advocates have also called for a bigger state investment in the program, in hopes that fortifying a large swath of south Louisiana will bring widespread relief.
After years of struggling to bring down rates of homeowners' insurance, Louisiana lawmakers have coalesced around one program that has proven to lower premiums: Building stronger roofs. Insurance Commissioner Tim Temple said in an interview that his office has exhausted the $25 million allocated to the program over the last year, and he's asking lawmakers to…
Members of the Vision Committee, a group formed last year that includes the CEOs of property-and-casualty insurer The Hartford and the Hartford HealthCare system, as well as the mayor of Hartford, held a press conference Thursday to outline their goals for the city's revitalization. "We want to use our energies and resources to accelerate redevelopment,…
MEDFORD, Mass.& ASHBURN, Va.—- Agero, Inc., the leading white-label provider of digital driver assistance services and software for major automotive and auto insurance brands, today announced that it has entered into an agreement to acquire Urgent.ly, Inc., a U.S.- based technology focused provider of roadside and mobility assistance with innovative, tailored…
The following information was released by the office of the Governor of New York:. I've said it before, New York State pays some of the highest car insurance rates in America averaging $4,000 a year, about $1,500 more than the national average. " Earlier today, Governor Kathy Hochul and the Metropolitan Transportation Authority today announced a new MTA analysis…
