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News – Insurance Journal
Liquidation Requested for Texas Nonstandard Auto Insurer, ACCC
An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. With the agreement of its board of directors, ACCC Insurance Co. was placed into …
POSTED DECEMBER 01, 2020 |
No Increase in Average Washington Workers’ Comp in 2021
For the first time in two decades, Washington workers’ compensation rates have dropped or stayed steady for four years in a row. The state Department of Labor & Industries on Monday announced there will be no increase for the average …
POSTED NOVEMBER 30, 2020 9:48 PM |
Marsh Names Aons’ Quinteros to Lead Construction Practice in Los Angeles
Marsh has named Carlos Quinteros to lead its construction center in Los Angeles, Calif. Quinteros is responsible for delivering transactional and advisory services to construction clients throughout Southern California. Quinteros joins Marsh from Aon, where he spent the last 27 …
POSTED NOVEMBER 30, 2020 9:29 PM |
Thanksgiving Fire Engulfs Florida Shopping Center
State fire marshals are investigating a suspicious fire that engulfed a shopping center early Thanksgiving morning. The fire at the Village Plaza shopping center in Daytona Beach broke out at about 4 a.m. Thursday and spread into several units, according …
POSTED NOVEMBER 30, 2020 5:58 PM |
$17M Award for Woman Injured at Walmart OK’d by W. Virginia High Court
The West Virginia Supreme Court has affirmed a jury verdict of nearly $17 million for a woman who was injured when Walmart staffers tried to detain a shoplifter. The court rejected the retail giant’s appeal on Nov. 19. A lawyer …
POSTED NOVEMBER 30, 2020 5:54 PM |
Century Risk Advisors of Florida Names Brown Manager of Private Client Division
Property & Casualty insurance executive Tracy Brown has been named manager of the Private Client Division at Century Risk Advisors, Inc. (CRA), an independent insurance agency offering insurance and risk management services. Brown has 20 years of experience in the …
POSTED NOVEMBER 30, 2020 5:52 PM |
$300K State Grant to Help New Orleans with Traffic Safety
A state grant will help the New Orleans Police Department staff additional checkpoints to catch drunk drivers next year. The department says in a news release that the year-long grant is from the Louisiana Highway Safety Commission. It is estimated …
POSTED NOVEMBER 30, 2020 5:48 PM |
Former Michigan Insurance Agent Sentenced to Jail for Embezzlement
A former Genesee County, Michigan, insurance agent has been sentenced to prison for embezzling more than $90,000 from her clients and providing them with phony home and automobile insurance certificates, according to the state insurance regulators. The sentencing of Angella …
POSTED NOVEMBER 30, 2020 5:44 PM |
Damage Toll from Hurricane Zeta Totals Nearly $90M in Mississippi
Hurricane Zeta left a trail of destruction and millions in damage in Mississippi when it came ashore Oct. 28, state officials said. The state has documented tens of millions in damage from the storm, which had 100 mph winds and …
POSTED NOVEMBER 30, 2020 5:37 PM |
Recorded Texas Surplus Lines Premium Rose to $629.53 Million in October
The Surplus Lines Stamping Office of Texas (SLTX) recorded $629.53 million in Texas surplus lines premium during the month of October. The premium recorded year to date through October represents a 13.8% increase over the same period in 2019, according …
POSTED NOVEMBER 30, 2020 5:36 PM |
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