XPT Partners LLC has acquired Texas-based LP Risk Inc., a full service managing general agency (MGA) and surplus lines broker with a wide range of commercial property/casualty coverages distributed to retail agents through in-house and brokerage markets. Led by Landon …
Severe weather moved through the South on April 23 after killing at least seven people in Oklahoma, Texas and Louisiana, including a worker at a factory hit by an apparent tornado, a man whose car was blown off the road …
A 16-page set of recommendations for safely re-opening a Louisiana economy staggered by the fight against the new coronavirus was released on April 22 by state business interests as Gov. John Bel Edwards weighed his next move. Louisiana’s current stay-at-home …
Venture Underwriters Inc., a division of Allstar Financial Group, has expanded its Chicago underwriting team to include commercial underwriting veteran Chris Barrow. Barrow joins Chicago office as vice president specializing in commercial general liability. The office will be relocating to …
The Minnesota Legislature is reconvening to pass a bill to ensure that first responders and health care workers who contract COVID-19 qualify for workers’ compensation without having to prove that they contracted the disease on the job. Legislative leaders announced …
The Oklahoma House has granted sweeping new powers to the governor to respond to the deadly coronavirus outbreak. The House met in special session and approved the resolution under the never-before-used Catastrophic Health Emergency Act, which gives Gov. Kevin Stitt …
More than 3,500 rental cars were damaged or destroyed in a fire that burned near a Florida airport before being contained late Friday night. The Fort Myers News-Press reports the cars were in a grassy area used as an overflow …
Texas’ property insurer of last resort for wind and hail in counties along the state’s coastline is temporarily reducing the amount of premium due in order to issue a policy and providing 75 days to pay the remaining premium. The …
A decision this week by the California Supreme Court gave policyholders with long-tail environmental claims a potentially big win, finding that polices within each policy period can be vertically stacked. The decision was handed down on April. 6 in Montrose …
More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give a 15 percent credit to its auto and motorcycle customers as their …