Insurance

The Texas Windstorm Insurance Association (TWIA) Board of Directors will meet next week to consider the association’s 2024 budget. The meeting, which will be held at the Corpus Christi Omni Hotel on Dec. 12 at 9:00 a.m., will also include …

Ryan Specialty appointed Thomas Nash as president of CorRisk Solutions, the wholesale distribution professional liability managing general underwriter, a part of Ryan Specialty Underwriting Managers. CorRisk is headquartered in Atlanta, Ga. Nash previously served as president of Kelly Underwriting Services, …

A federal jury in Illinois ordered $17.7 million in damages – an amount tripled to more than $53 million under federal law – to several food manufacturing companies who had sued major egg producers over a conspiracy to limit the …

NEW ORLEANS (AP) – A federal judge has thrown out a lawsuit that accused a south Louisiana parish of using land use policies to guide industries that pollute into communities with majority-Black populations. U.S. District Judge Carl Barbier of the …

An Iowa man pleaded guilty to wire fraud for using his position as an insurance agent and annuity salesperson to defraud elderly individuals out of their retirement savings and other monies. Zachary James Flaherty, age 47, of Clive pled guilty …

The Illinois Supreme Court on Thursday affirmed an appellate court ruling that found that injuries to a 14-year-old boy who was struck by a car while riding his bicycle are covered by his father’s uninsured motorist policy despite language that …

The U.S. personal lines insurance industry faces too many daunting challenges, leading AM Best to maintain its negative outlook. The outlook for personal lines was changed to negative in September 2022 – at first due in large part to the …

Confie announced the acquisition of Acceptance Insurance’s retail division to its family of brands. The personal lines distribution company said its latest acquisition expands its footprint to 26 states across the U.S. with the retail store additions in Ohio, Pennsylvania …

Winter weather brought high winds and snow to parts of the Pacific Northwest, knocking out power in some areas and dumping fresh snow across the Cascade Range. Thousands of households were without power Saturday morning in the greater Seattle area …

Insurance broker World Insurance Associates has agreed to purchase the personal and commercial insurance agency Exchange Underwriters, Inc. from CB Financial Services, Inc., the holding company for Pennsylvania-based Community Bank. According to the asset purchase agreement, World Insurance Associates will …