Industry News

Best's Reviews

AM Best Revises Outlooks to Positive for American Enterprise Group, Inc.’s Insurance Subsidiaries

Apr 23, 2019 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (...

Centene CEO: Comprehensive Health Care Reform Unlikely Ahead of 2020 Elections

Apr 23, 2019 With the recently announced acquisition of WellCare Health Plans Inc. and growth in its Medicaid programs, Centene Corp. sees...

Several Surplus Lines Bills Advancing in Texas Legislature

Apr 23, 2019 Several Texas bills that could boost surplus lines insurance business are moving closer to becoming law, according to the Texas Surplus Lines Stamping...

AM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and its Subsidiaries

Apr 23, 2019 AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “...

Insurance Journal

Nonprofits Insurance Alliance of California Declares $3M Dividend for 2019

Apr 23, 2019 Nonprofits Insurance Alliance of California has declared a $3 million dividend in 2019. The group will issue the dividend to its qualifying member-insured...

Southern California Agent Arrested for Bogus Policy Scam

Apr 23, 2019 Angel Estrada, 22, a formerly licensed insurance producer and owner of Angel Estrada Agency, swindled a national insurer out of more than $140,000 in commissions by writing...

Everest Launches Lawyers Professional Liability Policy

Apr 23, 2019 Everest Insurance has released a new lawyers professional liability policy – Everest Elevation – designed to provide law firms with liability coverage for financial loss...

Duke Energy to Appeal Order to Excavate North Carolina Coal Ash

Apr 23, 2019 The country’s largest electric company says it’s challenging an order by North Carolina’s environmental agency to excavate coal ash from all...

Claims Journal

Engineers Study Failed Levees, Research Potential Solutions

Apr 23, 2019 The field report is full of levees overtopped, breached and scoured. There are sand boils, crest depressions and sink holes. Under seepage. Slope failure. Surface...

Thieves Strip Kentucky Barns to Fuel Farmhouse-Chic Trend

Apr 23, 2019 About the photo: Lois Coffey, 95, stands outside her tobacco barn in Cumberland County, Kentucky. Thieves stole several pieces of wood from it recently. Reclaimed wood...

SpaceX Suffers Serious Setback with Crew Capsule Accident

Apr 23, 2019 About the photo: The SpaceX Falcon 9 rocket, with the Dragon spacecraft onboard, launches from pad 39A at NASA’s Kennedy Space Center in Cape Canaveral, Fla,...

Blankets, Bed-Sharing Common in Accidental Baby Suffocations

Apr 23, 2019 CHICAGO — Accidental suffocation is a leading cause of injury deaths in U.S. infants and common scenarios involve blankets, bed-sharing with parents and other...