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Unlicensed Insurance Providers Served Cease & Desist Orders by Tennessee Regulator
Two former Tennessee insurance providers have been served cease and desist orders by the Tennessee Department of Commerce & Insurance (TDCI) in response to fraudulent practices the department says they used to sell insurance and scam consumers. TDCI issued a …

POSTED MAY 23, 2018 4:44 AM
NBIS in Atlanta Adds Nelson as Transportation Program Manager
NationsBuilders Insurance Services, Inc. (NBIS), a provider of specialty program insurance, has added Chris Nelson as transportation program manager. Nelson will represent NBIS within the transportation industry, specifically the Specialized Transportation & Heavy Haul groups and the Specialized Carriers and …

POSTED MAY 23, 2018 4:40 AM
North Carolina Storm Recovery Chief Accedes Frustrations Over Hurricane Matthew Recovery
North Carolina’s emergency management chief acknowledged a laborious process for homeowners seeking federal funds for repairs due to Hurricane Matthew and is looking for improvements looking to the next storm. While more than $630 million in federal and state funds …

POSTED MAY 23, 2018 4:38 AM
California Worker’s Comp Directors and Officers Cleanup Law Takes Effect July 1
A new law that enables corporate directors and officers owning at least 10 percent of a business to opt out of workers’ compensation coverage goes into effect on July 1. The law is intended to reduce the threshold of ownership, …

POSTED MAY 22, 2018 9:49 PM
WCRI Study: Illinois’ Cost per Workers’ Comp Claim Grew 1-3 Percent Annually
The average total cost per workers’ compensation claim in Illinois grew annually between 1 to 3 percent since 2012, according to a recent study by the Workers Compensation Research Institute. The growth was due to small to moderate changes in …

POSTED MAY 22, 2018 5:48 PM
Farmers Group in California Names Daly President of Personal Lines
Woodland Hills, Calif.-based Farmers Group Inc. has named Keith Daly president of personal lines. Daly, who is currently Farmers’ chief claims officer, takes the new post effective June 11. He joined Farmers in 2009 through the acquisition of 21st Century …

POSTED MAY 22, 2018 5:35 PM
Castel Specialty Taps White to Lead New Political Risk Division
Castel Specialty, the division of managing general agent Castel Underwriting Agencies Limited for smaller books of niche business, has expanded its portfolio with the launch of Castel Political Risk. Led by Tom White, Castel Political Risk will primarily underwrite contract …

POSTED MAY 22, 2018 4:58 PM
TWFG in Texas Gets Capital Infusion for National Growth
The Woodlands Financial Group has completed the sale of a minority interest in its capital stock to RenaissanceRe Ventures U.S. LLC. The transaction will provide a capital infusion that Woodlands, Texas-based TWFG will direct toward expediting national growth. Terms of …

POSTED MAY 22, 2018 4:55 PM
New Marsh Coverage Protects Businesses From Pandemic Losses
Marsh has launched a new insurance product to provide financial protection to US-based businesses and their global operations affected by an infectious disease outbreak. PathogenRX, developed by Marsh in collaboration with Munich Re, and epidemic risk modeler Metabiota, is a …

POSTED MAY 22, 2018 4:53 PM
Florida Man Killed by Exploding Vape Pen
An exploding vape pen hurled fragments into a Florida man’s head, killing him and starting a fire that burned most of his body, an autopsy report said. The Pinellas-Pasco Medical Examiner’s autopsy report released May 15 confirms the vape pen …

POSTED MAY 22, 2018 4:41 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Texas Associates Insurors confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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