Bermuda-based RenaissanceRe Holdings Ltd. estimated that losses from Winter Storm Uri will have a net negative impact of approximately $180 million on the company’s first quarter 2021 results of operations. Winter Storm Uri was a major wind and ice storm …
Twelve people were still missing on April 14 after six other crew members were pulled from rough seas following the capsizing of their commercial platform vessel during a “microburst” of bad weather off the coast of Louisiana, the U.S. Coast …
Kentucky’s governor stood aside and let a bill become law that protects an array of businesses from coronavirus-related lawsuits. But he warned Monday that the measure is likely to draw a court challenge. The measure, backed by business interests, became …
Florida is moving to permanently close the leaky Piney Point wastewater reservoir that poured millions of gallons of water into Tampa Bay while threatening to burst open and flood nearby homes and businesses, Gov. Ron DeSantis said Tuesday. The Republican …
Bermuda-based AXIS Capital Holdings Ltd. announced a preliminary, pre-tax first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, or $95 million to $105 million, after-tax. The pre-tax net loss …
American Modern, a specialty insurance provider of residential and recreational coverage, has launched Social To Go, an online toolkit designed to give agents ways to effectively use social media. According to Kevin Morreale, chief sales and marketing officer at American …
The Alabama House of Representatives last week narrowly rejected a proposal to fine people for using a smartphone while driving. The bill by Republican Rep. K.L. Brown of Jacksonville would have prohibited a driver from holding a phone with their …
The director of the Centers for Disease Control and Prevention said Michigan should “close things down” to help address the country’s worst coronavirus outbreak, days after Gov. Gretchen Whitmer instead urged people to voluntarily restrict certain activities. Dr. Rochelle Walensky …
The Oklahoma Workers’ Compensation Commission is now accepting comments on the 2020 Medical Fee Schedule. In 2020, the WCC, guided by its external consultant, FAIR Health, conducted an evaluation and update to the Medical Fee Schedule pursuant to 85A O.S. …
Roach Howard Smith & Barton Dallas-based independent insurance broker Roach Howard Smith & Barton (RHSB) has promoted Shellie Croy to vice president of Property and Casualty Operations. She has been with RHSB since 2016, serving as VP of Personal Client …