Hallmark Financial Services, a specialty property/casualty company, announced Thursday that it is exploring the separation of its specialty commercial business to unlock its value and improve access to capital. Currently the company is comprised of three business segments—specialty commercial, standard …
FEMA has made available for review revised preliminary flood risk information and updated Flood Insurance Rate Maps (FIRMs) for Victoria County, Texas. The federal agency is urging property owners to review the latest information to learn about local flood risks …
The majority of complaint Louisiana insurance regulators have received in relation to the historic 2020 hurricane season concern homeowners insurance. The Louisiana Department of Insurance (LDI) reports that nearly 80 percent of the 873 complaints it has received about hurricane …
Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of …
Alabama’s policy requiring a transgender person to undergo full gender reassignment surgery before they can change the sex on their driver’s license is unconstitutional, a federal judge ruled Friday. U.S. District Judge Myron Thompson said Alabama policy’s that people “can …
Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents. Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in California a little …
Jose Zepeda, 45, of Fresno, Calif., self-surrendered this week on multiple felony counts of insurance fraud and attempted perjury after filing a workers’ compensation insurance claim and allegedly misleading the insurance carrier regarding his employment status in order to collect …
Van Spanos has joined Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc.’s newly formed excess and surplus (E&S) primary Product Liability group as vice president. Spanos is responsible for managing all facets of this business, including direct oversight of the underwriting …
The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent economic development public/private partnership, have joined forces for the competition, which …
Satellite imagery and surveillance video from a casino roof 5 miles away helped pinpoint arcing power lines in gale force winds as the cause of a November brush fire that destroyed five Reno homes and damaged two dozen others, investigators …