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27 05, 2020

Former Student Sues Kansas’ Wichita State University over Data Breach

By | May 27th, 2020|Uncategorized|Comments Off on Former Student Sues Kansas’ Wichita State University over Data Breach

A former student at Wichita State University in Kansas has filed a federal lawsuit against the school over a December data breach that exposed the personal information of thousands of current and former students. Michael Bahnmaier, of Wichita, filed the …

27 05, 2020

Texas Windstorm Insurer Files Replacement Cost Policy Form Revisions

By | May 27th, 2020|Uncategorized|Comments Off on Texas Windstorm Insurer Files Replacement Cost Policy Form Revisions

The Texas Windstorm Insurance Association has filed the following revised endorsements with the Texas Department of Insurance for approval: Revised Endorsement No. 164 – Replacement Cost Coverage – Coverage A (Building) and Coverage B (Business Personal Property). Revised Endorsement No. …

27 05, 2020

Tropical Storm Bertha to Bring Heavy Rain to South Carolina

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A tropical storm that quickly formed off the coast of South Carolina on Wednesday threatened to unleash heavy rainfall that could produce life-threatening flash flooding after making landfall near Charleston, the National Hurricane Center said. With maximum sustained winds of …

27 05, 2020

Texas Unemployment Rate Hits 12.8% in April, Worst on Record

By | May 27th, 2020|Uncategorized|Comments Off on Texas Unemployment Rate Hits 12.8% in April, Worst on Record

The state’s April jobless rate was 12.8% — Texas’ worst monthly tally on record. That number, included in the Labor Department’s monthly report released on May 22, is the government’s clearest and most comprehensive look at the economic devastation in …

27 05, 2020

Georgia Man Accused of Defrauding Employer Over COVID-19

By | May 27th, 2020|Uncategorized|Comments Off on Georgia Man Accused of Defrauding Employer Over COVID-19

A Georgia man faces charges after authorities say he lied to his employer that he had tested positive for COVID-19. Santwon Antonio Davis, 34, is charged with defrauding his employer, the U.S. attorney’s office in Atlanta said in a news …

27 05, 2020

Unlicensed Agent in California Nabbed for Allegedly Stealing $500K in Premiums

By | May 27th, 2020|Uncategorized|Comments Off on Unlicensed Agent in California Nabbed for Allegedly Stealing $500K in Premiums

Unlicensed insurance agent Ai Ling Lee, also known as Linda Lee, 60, of Hacienda Heights, Calif., was arrested on nine felony counts of grand theft after allegedly stealing roughly $500,000 in clients’ insurance premium payments and failing to place adequate …

26 05, 2020

Times Square to Go Dark to Shine Light on Fight Over Business Interruption Insurance

By | May 26th, 2020|Uncategorized|Comments Off on Times Square to Go Dark to Shine Light on Fight Over Business Interruption Insurance

The digital billboards in New York City’s famous Times Square will go dark tonight at 9 pm ET for one minute to dramatize the plight of restaurants, non-profits and retailers across the country that are suffering business losses due to …

27 05, 2020

Lockton Affinity to Offer Coverage for Architects, Engineers through GenStar

By | May 27th, 2020|Uncategorized|Comments Off on Lockton Affinity to Offer Coverage for Architects, Engineers through GenStar

Lockton Affinity has expanded its insurance coverage offerings to include customized policies for architecture, civil engineering, construction management, design build, electrical engineering, HVAC engineering, interior design, landscape architecture, mechanical engineering and surveying professionals. These professionals will have access to professional …

27 05, 2020

Property Damage – Is It Because the Government Says It Is?

By | May 27th, 2020|Uncategorized|Comments Off on Property Damage – Is It Because the Government Says It Is?

Property Damage: Is it “Property Damage” Just Because a Jurisdictional Order Uses the Term “Property Damage”? Some plaintiff attorneys are almost giddy over the fact that several jurisdictions used the term “property damage” in their respective emergency declarations to justify …

27 05, 2020

P/C Insurance Underwriting Profits Up 21% for Q1: AM Best Analysis

By | May 27th, 2020|Uncategorized|Comments Off on P/C Insurance Underwriting Profits Up 21% for Q1: AM Best Analysis

Even though unrealized capital losses pushed surplus down 9 percent from year-end 2019 for the U.S. property/casualty insurance industry, aggregate underwriting profits for first-quarter 2020 were more than 21 percent higher than first-quarter 2019, AM Best reported. The first-quarter underwriting …