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Ian to ‘Significantly Impact’ Property Rates for Coastal States: MarketScout
Hurricane Ian is going to affect commercial and personal property rates “significantly” – not just in Florida, predicted MarketScout. The Dallas-based insurance distribution and underwriting company released its quarterly Market Barometer of rate conditions in personal and commercial insurance lines. …
POSTED OCTOBER 05, 2022 4:17 PM |
13 Businesses, 19 Individuals Charged in Alleged Pennsylvania Car ‘Title Washing’ Ring
Pennsylvania Attorney General Josh Shapiro said his office has filed criminal charges against 19 individuals and 13 separate businesses for alleged motor vehicle “title washing.” Prosecutors allege the businesses and individuals coordinated to purchase totaled vehicles, falsify inspection information, and …
POSTED OCTOBER 05, 2022 3:00 PM |
‘Weston’s Law’ on Elevator Safety in Vacation Homes Takes Effect in North Carolina
New safety mandates for elevators inside North Carolina beach and vacation cottages take effect on Saturday along with all or portions of another dozen or so enacted state laws. Other laws approved this year and starting in October address sexual …
POSTED OCTOBER 05, 2022 2:29 PM |
Former Kentucky Lawmaker Sentenced to Prison in Fraud Case
Former Kentucky lawmaker Robert Goforth was sentenced Monday to two years and one month in federal prison for health care fraud and money laundering. Goforth, who resigned from the Kentucky House in 2021, also faces two years of supervised release, …
POSTED OCTOBER 05, 2022 2:22 PM |
Most Habitable Homes in Florida Should Get Power Restored by End of Week, FPL Says
Nearly a week after Hurricane Ian smashed into Florida and carved a path of destruction that reached into the Carolinas, hundreds of thousands of Florida residents faced another day without electricity Tuesday as rescuers continued their search for those trapped …
POSTED OCTOBER 05, 2022 2:15 PM |
Arizona Tornado Damaged Homes, Power Lost in Dust Storms
Up to 10 homes were damaged after a tornado touched down in northern Arizona Monday while around Phoenix, dust storms caused downed power lines, fires and cut power to thousands, authorities said. The National Weather Service said a strong line …
POSTED OCTOBER 05, 2022 2:12 PM |
NFIP Now Providing Advance Payments for Flooded Policyholders Who Apply
The National Flood Insurance Program has approved a waiver that will allow some policyholders flooded by Hurricane Ian to receive advance payments of as much as $20,000 – with few strings attached. “The payments will get to the customer, but …
POSTED OCTOBER 05, 2022 1:44 PM |
Howden Acquires French Marine Insurance Broker Seasecure Group
Howden, the London-based insurance broker, announced it has acquired Seasecure Group, the last remaining independent marine broker in France. Seasecure Group is one of France’s largest marine and cargo insurance brokers, and underlines Howden’s continued investment in expertise and desire …
POSTED OCTOBER 05, 2022 12:51 PM |
Supreme Court Declines Connecticut Troopers’ Appeal Over Personnel Disclosure Law
The U.S. Supreme Court on Monday declined to hear an appeal by the Connecticut State Police Union in its challenge of a police accountability law that allows public disclosure of certain state trooper personnel files and internal investigation reports. At …
POSTED OCTOBER 05, 2022 11:39 AM |
Indiana Approves Decrease in Workers’ Comp Rates for 2023
Indiana Department of Insurance Commissioner Amy L. Beard recently approved a decrease of 10.3% on average for Workers‘ Compensation rates recommended by the Indiana Compensation Rating Bureau (ICRB), effective January 1, 2023. Individual employers may experience a rate change different …
POSTED OCTOBER 05, 2022 11:00 AM |
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