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7 02, 2021

Northern Oklahoma Rattled by Small Earthquakes

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A series of small earthquakes believed by seismologists to be caused by the underground injection of wastewater from oil and gas production continued to rattle northern Oklahoma on Feb. 6. Four quakes occurred Saturday morning, the strongest being magnitude 3.3 …

7 02, 2021

Improvements Bringing Down Flood Insurance Rates in Cedar Rapids, Iowa

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When Iowa’s Cedar River flooded over 10 square miles of the city in 2008, few property owners had flood insurance — slowing recovery for residents and business owners as they waited for resources from the federal government. In 2010, city …

7 02, 2021

Michigan Eatery to Pay $200K to Settle Sex Harassment, Retaliation Suit

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A Michigan restaurant has agreed to pay $200,000 and furnish other relief settle a federal sexual harassment and retaliation lawsuit, authorities say. The U.S. Equal Employment Opportunity Commission (EEOC) filed the lawsuit against Traverse City restaurant Georgina’s LLC, and its …

7 02, 2021

Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg

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Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with Reinvent Technology Partners, a special purpose acquisition company that …

5 02, 2021

The Hartford Q4 Profit Dips Slightly on COVID Life Insurance Claims

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Fourth quarter profit at The Hartford dipped slightly due in part to COVID-related group life insurance claims. Fourth quarter 2020 net income came in at $532 million, down 2% from fourth quarter 2019. Fourth quarter earnings of $636 million, rose …

5 02, 2021

Study: 40 Out of 120 Texas Workers’ Comp Insurers Are ‘High Performers’

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Forty workers’ compensation insurance carriers out of 120 assessed in Texas scored high enough to be placed in the “high performer” tier in a study recently released by state workers’ comp regulators. The Texas Department of Insurance, Division of Workers’ …

5 02, 2021

Texas Approves Redpoint/Tesla Auto Insurance Policy Form

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It looks like Tesla has gone all-in on Texas. Not only is the electric car company moving some manufacturing operations to Austin, its founder, Elon Musk, is said to be relocating there, and it will soon be offering its own …

5 02, 2021

Nearly $14M Settlement Reached in Crash that Killed Kentucky Officer

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A nearly $14 million settlement has been reached in a lawsuit over a 2018 crash that killed a Kentucky police officer. The money will go to the son of Louisville Metro Police Detective Deidre “Dee Dee” Mengedoht, who died on …

5 02, 2021

Selective’s College Competition Appoints Students To Run Virtual Insurance Agencies

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Selective’s College Competition kicks off this week across eight colleges throughout the country and will run through February. The annual contest provides the opportunity for teams of students to gain insurance career-building experience and networking opportunities with the guidance and …

5 02, 2021

Three Injured in Gas Line Explosion in Northern Virginia

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Three people were injured in a gas line explosion on Wednesday which also set three vehicles on fire and caused damage to a house in a northern Virginia city. News outlets report Fairfax County Fire and Rescue said on its …