A federal advisory panel’s proposal that the U.S. government expand the areas considered to be at high risk of flooding could increase the number of homeowners required to buy flood insurance. While this would increase the amount of insured flood …
American Coastal Insurance Corp., formerly affiliated with Florida-based United Property & Casualty Insurance, announced it has a cash buyer for Interboro Insurance Co. in New York. According to the agreement, the unnamed buyer will acquire 100% of the issued and …
MCKINNEY, Texas (AP) – A small plane overshot the runway while landing at a Texas airport over the weekend and struck a car driving along a nearby road, injuring one person, authorities said. Video shows the propeller plane smash through …
Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been realized with technological advancements. Satellite-based data can give the insurer a “head start” on the event, according to Stephen Lathrope …
MENTONE, Texas (AP) – An earthquake struck a sparsely populated and remote area of West Texas last Wednesday, the U.S. Geological Survey reported, and the temblor could be felt hundreds of miles away. The USGS reports the 5.3 magnitude quake …
Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as a wave of intense industry lobbying pays off. Spain, which holds the European Union’s rotating presidency, has proposed that financial …
Hotchkiss Insurance has acquired InCore Group, an independent insurance consulting agency serving Texas, Oklahoma, and New Mexico. This move expands Hotchkiss’ footprint for commercial insurance and employee benefits into West Texas and surrounding states. Lubbock, Texas-based InCore Group is known …
Members of Generation Z who have worked with insurance agents believe they are knowledgeable and help them make better choices. Nevertheless, Gen Z is under-tapped in the independent agent channel and over-indexes on direct writers. During a recent Travelers Institute …
An additional 1.2 million chickens will be slaughtered to prevent the spread of the bird flu after the virus was confirmed on an Iowa egg farm in the second massive case this week. The Iowa Department of Agriculture and Land …
DP World Plc is slowly working through a backlog of more than 20,000 freight containers piled up at Australian ports following a crippling cyberattack, as labor strikes impede a return to normal operations. DP World, one of the world’s largest …