Insurance
Inszone Acquires Texas’ Max Breisse Insurance Agency
Inszone Insurance Services, a national provider of commercial, personal, and benefits insurance, has acquired Max Breisse Insurance Agency. Based in Katy, Texas, the agency was founded by Max Briesse in September of 2007. The physical office in Katy will remain …
Read More Charter Bus Collision With Semi-Truck Leaves 3 Dead and 15 Injured in Ohio Highway Accident
ETNA, Ohio (AP) – A charter bus carrying students from a high school was rear- ended by a semi-truck on an Ohio highway Tuesday morning, leaving three people dead and 15 others injured, according to an emergency official. The charter …
Read More EWG Report Finds Rapidly Rising Crop Payouts As Climate Change Hits U.S. Agriculture
Drought, heat, hail, rain and freezing temperatures – the five horsemen of crop insurance. A new report from EWG found that crop insurance payouts for the top five weather-related losses totaled over $118.7 billion between 2001 and 2022, making up …
Read More Disney Study Says it Has $40B Impact on Florida as it Battles DeSantis in Court
ORLANDO, Fla. (AP) — Disney on Tuesday released a study showing its economic impact in Florida at $40.3 billion as it battles Florida Gov. Ron DeSantis and his appointees over their takeover of the district that governs the entertainment company`s …
Read More Trump Asks for Mistrial in New York Civil Fraud Case
Donald Trump’s lawyers on Wednesday urged a New York judge to declare a mistrial in a civil fraud case over his family real estate company’s business practices, but the former U.S. president faces long odds of getting a new trial. …
Read More Florida Officials Pause Plan to Disband Pro-Palestinian Student Groups, Citing Liability
ORLANDO, Fla. (AP) — A plan to prohibit a pro-Palestinian student group from state university campuses in Florida has been temporarily shelved while officials reassess the proposal. State University System Chancellor Ray Rodrigues said Thursday that campus groups at the …
Read More US SEC Enforcement Collected Nearly $5B in Financial Remedies Last Year
The U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions in the fiscal year that ran through September, garnering $4.95 billion in penalties and other financial remedies, the agency said in a statement on Tuesday. The total financial remedies …
Read More Florida OIR Approves Record Workers’ Comp Rate Cut, Despite Roofers’ Concerns
The Florida Office of Insurance Regulation and the state insurance commissioner have approved a 15.1% average decrease in workers’ compensation rates, despite calls from roofing contractors to freeze rates for a while. The decrease takes effect for new and renewal …
Read More Hurricane Otis’ Insured Losses Estimated at $2.5B-$6B: Moody’s RMS, Verisk
Moody’s RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between US$2.5 billion and US$4.5 billion. On the other hand, Verisk puts insured losses at US$3 Billion to US$6 Billion. The estimated …
Read More Fire That Indefinitely Closed Vital Los Angeles Freeway Called Arson
Arson was the cause of a massive weekend fire that charred and indefinitely closed a vital section of a Los Angeles freeway, causing major traffic headaches for hundreds of thousands of commuters, California authorities said. Gov. Gavin Newsom said investigators …
Read More