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Billionaire Paying Off College Students’ $40 Million Debt Has Ties to Insurance Industry
The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. Robert F. Smith, who addressed the nearly 400 graduating seniors …

POSTED MAY 20, 2019 8:13 PM
Direct Written Premium Fell in California Workers’ Comp System in 2018
Total direct written premium in the California workers’ compensation system fell for the second consecutive year in 2018, declining 3.8 percent to less than $12.3 billion as nine of the 10 largest insurer groups in the state wrote less premium …

POSTED MAY 20, 2019 5:54 PM
Florida InsurTech HoneyQuote to Offer Technology Platform to Business Partners
Digital insurance agency launched a new partnership program that allows businesses across industries to use HoneyQuote services for customers to purchase homeowners insurance. As part of the program, businesses can add home insurance to their list of services through …

POSTED MAY 20, 2019 4:56 PM
Motorist Deaths Prompt Speed Limit Reduction on West Virginia Interstate
Speed limits have been reduced along a stretch of Interstate 77 in southern West Virginia where 12 motorists have died since 2016. The state Division of Highways lowered the speed limit last month along I-77 in Mercer County from 70 …

POSTED MAY 20, 2019 4:43 PM
New Orleans Council Backs Strong Short-Term Vacation Rental Limits
A ban on “whole home” short-term vacation rentals in residential areas of tourism-dependent New Orleans has won unanimous backing from the City Council. It was a preliminary vote. A final one is expected in 90 days. But the council made …

POSTED MAY 20, 2019 2:41 PM
Tornadoes Rake Texas, Oklahoma, Plains
A spate of tornadoes raked across the Southern Plains, leaving damage and causing few injuries, and parts of the region were bracing for more severe thunderstorms and possible flooding. Twisters destroyed at least two homes and left one person with …

POSTED MAY 20, 2019 2:38 PM
Equal Pay Lawsuit Settled With Kansas School District
The U.S. Equal Employment Opportunity Commission has settled its lawsuit against a Kansas school district that paid a female principal less than it paid the man she had replaced and less than the man who succeeded her. A consent decree …

POSTED MAY 20, 2019 2:34 PM
Michigan Governor Not in Favor of Zero Coverage Option for Drivers
Michigan Gov. Gretchen Whitmer said she opposes Republicans’ proposal to let drivers fully forgo mandatory, unlimited medical benefits covered by their auto insurance premiums, saying she must “draw a line” but is open to requiring a minimum level of coverage. …

POSTED MAY 20, 2019 2:32 PM
Safe Auto in Ohio Files Registration Statement with SEC for IPO
Columbus, Ohio-based Safe Auto Insurance Group Inc. announced it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common shares. The number of shares to …

POSTED MAY 20, 2019 2:24 PM
Grinnell Mutual in Iowa Promotes Brunk and Augustin
Grinnell Mutual in Iowa has named Andrea Brunk vice president of strategic experience and Lauren Augustin vice president of product transformation and delivery. Brunk was assistant vice president of the PMO. She joined Grinnell Mutual 2016 after working in health …

POSTED MAY 20, 2019 2:18 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 Carpenter & Company 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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