A minor earthquake early on March 30 shook Northwest Louisiana, the U.S. Geological Survey and the U.S. Department of the Interior confirmed. A 3.0 magnitude earthquake struck near the Blanchard area, northwest of Shreveport, in Caddo Parish about 2:30 a.m., …
Hurricane Delta, which made landfall in southwestern Louisiana about 11 miles from where the devastating Hurricane Laura hit a little more than a month earlier, cost $2.9 billion in the United States and was linked to six deaths in the …
Louisiana’s treasurer says the state is holding more than $700,000 that has so far gone unclaimed by people and businesses affected by the 2010 BP oil spill in the Gulf of Mexico. That’s the worth of class action settlement checks …
American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the newly created role, executive vice president, global head of Operations and Chief Digital Officer, AIG. Wade, who has 30 years …
A California federal court has declined to get involved with a lawsuit that Applied Underwriters and the California Insurance Co. filed against the California Department of Insurance. The case against the CDI is based upon a central claim that the …
Marsh & McLennan Agency LLC has acquired Missoula, Mont.-based PayneWest Insurance. Terms of the deal were not disclosed. PayneWest will operate as MMA’s Northwest regional hub under Kyle Lingscheit, CEO of PayneWest. Lingscheit will report to David Eslick, chairman and …
La Jolla, Calif.-based Palomar Holdings Inc. announced that through its wholly-owned subsidiaries, Palomar Specialty Insurance Co. and Palomar Excess and Surplus Insurance Co., the company has successfully closed a $400 million 144A catastrophe bond completed through Torrey Pines Re Pte. …
As Florida insurers focus on addressing mounting losses in the state’s property insurance market with legislative reforms, rising rates and coverage restrictions, other stakeholders are working to educate consumers about one issue that is perpetuating the markets problems – contractor …
A bill that would allow medical marijuana use in South Carolina has again made it to the Senate floor, and the Republican lawmaker who has pushed unrelentingly for the proposal for the past seven years said he thinks it can …
The Georgia Department of Public Safety has settled with 26 of the troopers it fired after they were accused of cheating on an exam. All but two of these former troopers were offered their jobs back as part of the …