Newswires

From the perspective of more than two dozen owners displaced from the structurally compromised condominiums on West Avenue, Travelers Insurance has only added to their plight. The lawsuit, filed April 18 in Waukesha County Circuit Court, alleges that Connecticut- based Travelers breached its contract and offered insurance in bad faith, leaving residents to…

A Melbourne lawyer engaged in billing shenanigans with clients, didn’ t notify those clients of $15,000 in settlement funds and paid himself with that money. What he did with the $15,000 earned George Ollinger III an emergency suspension in January 2021. What Ollinger did afterwards got him disbarred last month after being a member of the Florida Bar since…

LGBT couples can take advantage of life insurance for their financial and estate planning needs. Group policy caveatsMore than half of U.S. employers offer employees the opportunity to buy life insurance on their spouse through a group policy.3 This is good news for legally married couples— as long as the group policy is covered by the federal Employee…

KILGORE— Texas Mutual Insurance Company has presented Kilgore College with a $100,000 check to support the college's Risk Management Institute. "Today marks a very important milestone in the history of Kilgore College as we recognize the receipt of a very generous donation from Texas Mutual Insurance Company," Kays said during the Wednesday ceremony.

OMAHA– Freddie Warner Jr. couldn't take it anymore. The 51- year-old Omaha man gave up his job in lawn care, his occupation since high school. On Dec. 1, Warner underwent surgery to replace his left hip.

Last year saw Washington cities and counties settle 15 misconduct and wrongful death cases for a total of at least $34.3 million, a 146% increase over what was paid out in 2020— and a 363.5% increase over the 2019 amount, according to data compiled by The Seattle Times through public disclosure, court dockets and news accounts. In fact, Washington cities and…

New data obtained by The Gazette show costs for a COVID-19-related stay at the state's largest hospital— which likely has seen the highest number of hospitalized coronavirus patients in Iowa throughout the past two years— reached an average of tens of thousands of dollars. The average cost of care for a COVID-19 patient hospitalized at the University of Iowa…

Apr. 24– Pennsylvania Acting Insurance Commissioner Michael Humphreys this week urged property owners to consider purchasing flood insurance to protect their homes, businesses, and possessions. Just one inch of water can cause $25,000 of damage to your home. "Flooding becomes a real threat across all of Pennsylvania during the springtime rainy season, so…

Farm Bureau Mutual Insurance Company of Idaho is pleased to announce AM Best has upgraded its Financial Strength Rating from A minus with a stable outlook to A minus with a positive outlook. According to Todd Argall, executive vice president and CEO of Idaho Farm Bureau Insurance,“ To receive back-to-back rating upgrades is truly special, and AM Best’ s positive…

Under the Federal Emergency Management Agency's new rate system, flood insurance rates for 85% of policyholders in Northeast Pennsylvania will increase, while 15% will see premiums decrease. Jordan already pays about $500 annually for the flood insurance on her Mayfield home on Maple Street. Under the old method, rates were primarily based on a property's…

Your future employee is a young man who graduated from high school last year and recently graduated from The Arc of the Bay's Culinary Institute. He is friendly, outgoing and a very hard worker and works well with others. Also, he is eligible for OJT, a program sponsored by DOE where his salary, workers' compensation and liability insurance are provided at no cost to…

The coming hurricane season's windstorm insurance premium will rise by almost 30%, more than $400, over the year before— an amount that has more than doubled since 2016.. Instead, this is typical of something happening all over Florida this year. It is not like Florida legislators are unaware of this.

If you're one of the 14 million homeowners in Florida, chances are that your property insurance rates are increasing at an unprecedented pace, with seemingly no end in sight. With insurers raising rates by as much as 111%, declining coverage or going insolvent, homeowners are paying the cost and bearing the burden of a weakened insurance market that is not their…

Freddie Warner Jr. couldn't take it anymore. The 51- year-old Omaha man gave up his job in lawn care, his occupation since high school. On Dec. 1, Warner underwent surgery to replace his left hip.

The comment was co-signed by David F. Pearce Jr., vice president and director of tax policy at the American Property Casualty Insurance Association; Jonathan Rodgers, director of financial and tax policy at the National Association of Mutual Insurance Companies and Joseph B. Sieverling, senior vice president and director of financial services at the…

Treasury and IRS have opportunities to better solicit public input on certain guidance, including for offshore insurance, as GAO recommended in its April 2021 report. One offshore insurance issue that IRS has prioritized with enforcement is micro-captive insurance arrangements–that is, when small insurance companies insure related business entities.

Juan Llera, safety and risk coordinator for Keys Energy Services, was recently recognized as the Risk Management Professional of the Year for 2022 by Preferred Governmental Insurance Trust. Chris Kittleson, director of loss control technical services for Preferred, presented Llera with the award during the KEYS Utility Board meeting on Wednesday, April 13.

Department of Health and Human Services' Centers for Medicare and Medicaid Services issued the following news release on April 22, 2022:. The Centers for Medicare& Medicaid Services issued a proposed rule to update Medicare enrollment and eligibility rules that would expand coverage for people with Medicare and advance health equity.

WASHINGTON, April 23– The American Property Casualty Insurance Association issued the following statement on April 22, 2022:. President Biden signed an Executive Order today to "Strengthen America's Forests, Boost Wildfire Resilience, and Combat Global Deforestation." Nat Wienecke, senior vice president of federal government relations at the American…