The Illinois General Assembly has passed a bill that includes prejudgment interest in the recovery of damages in personal injury or wrongful death lawsuits. HB 3360 specifies “that in all actions brought to recover damages for personal injuries or wrongful …
The rural economy in parts of 10 Plains and Western states continues to grow, but rural bank CEOs say their biggest fears for the 2021 economy are excessive inflation and higher long-term interest rates, according to a new monthly survey …
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Wayne Mutual Insurance Co. (Wayne Mutual) in Wooster, Ohio. The outlook of these ratings has …
A judge has struck down a North Dakota’s law that landowners say takes away their property rights. The so-called pore space law passed the Legislature in 2019 after supporters sought clarification on the use of cavities in rock or soil. …
Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has appointed John Burkhart president of specialty lines with oversight of Executive and Professional Liability, Healthcare Professional Liability, Surety, E&S and the A&H businesses. Burkhart brings 28 years of experience and has …
FEMA has approved more than $1 billion in federal disaster assistance, long-term disaster loans and flood insurance claims since Hurricanes Laura and Delta hit the state in 2020. Laura made landfall in Louisiana in late August 2020 and Delta in …
Texas Gov. Greg Abbott said he is pushing state lawmakers to protect individuals and companies that opened businesses during the pandemic against coronavirus-related lawsuits. While the governor did not provide specifics about what protections he wants businesses to have, he …
Gov. Laura Kelly has signed a bill that extends the state’s disaster emergency declaration, allowing Kansas to continue to tap into resources for its pandemic response efforts. The legislation, which extends the declaration to March 31, aims to provide a …
State Attorney General Mike Hunter is seeking more than $1.8 million from a company he says owes that state after failing to deliver four orders of personal protective equipment (PPE) ordered by the Oklahoma Department of Health. In a petition …
The North Dakota Senate has rejected a bill that would have allowed the state to hold liable any corporate officer responsible for oil- and gas-related violations. The North Dakota Petroleum Council and the Greater North Dakota Chamber had lobbied against …