Missouri to Requires Insurers to Register with New Uninsured Motorist Program
Insurance companies licensed to write auto liability coverage in Missouri will soon need to register with the state’s new uninsured motorist program. The Missouri Insurance Verification System (MOIVS) will include real-time insurance verification, ongoing compliance monitoring, and a pre-trial diversion …
POSTED SEPTEMBER 12, 2025 4:35 PM |
Texas Insurer New Century Placed in Receivership and Liquidation
New Century Insurance Company, a property and casualty insurer licensed only in Texas, was placed in receivership receivership and ordered into liquidation by the Travis County District Court in Austin on Sept. 3, according to the Texas Department of Insurance. …
POSTED SEPTEMBER 12, 2025 4:14 PM |
Fitch Ratings: U.S. E&S Growth Slows but Remains Strong
Direct written premiums saw double-digit growth for the seventh straight year for U.S. excess and surplus (E&S) insurers, according to Fitch Ratings’ latest annual property/casualty market review. Per a Fitch press release, U.S. E&S direct written premiums grew by 11% …
POSTED SEPTEMBER 12, 2025 4:09 PM |
California AG’s Brief Urges Court to Side With Employee in Discrimination Suit
California Attorney General Rob Bonta filed an amicus brief in the U.S. Court of Appeals for the Fourth Circuit in support urging the court to affirm an employee’s right to sue Liberty University for sex-based discrimination. The brief, filed as …
POSTED SEPTEMBER 12, 2025 4:04 PM |
Texas Cabinet Supplier to Pay $12M Settlement Over False Claims Act Violations
Allied Stone Inc., a Dallas, Texas-based supplier of countertop and cabinetry products, and its President, Jia “Jerry” Lim, have agreed to pay a total of $12.4 million to resolve allegations that they violated the False Claims Act by knowingly and …
POSTED SEPTEMBER 12, 2025 3:50 PM |
Woman Charged in Traffic Deaths of 2 Marquette Lacrosse Players Was Drunk: Prosecutors
A Wisconsin driver involved in a traffic crash last week that killed two Marquette University lacrosse players was drunk at the time, authorities alleged Wednesday in charging her with vehicular homicide. Amandria Brunner, 41, of West Allis, faces two counts …
POSTED SEPTEMBER 12, 2025 3:43 PM |
Consilium Expands its Wholesale Presence in Caribbean With Launch of Jamaican Hub
Consilium, the London-based speciality re/insurance wholesale broker, announced the expansion of its international footprint with the opening of a new hub in Kingston, Jamaica (subject to regulatory approval). Max Pragnell has been appointed as managing partner to lead the office. …
POSTED SEPTEMBER 12, 2025 3:30 PM |
Hurricane Forecasts Are Missing the Mark as the Atlantic Stays Calm — So Far
It’s the statistical peak of Atlantic hurricane season, and there isn’t a storm in sight — for now. September’s second week is usually when the season gets into full swing, as warm ocean waters fuel dangerous winds and coastal communities …
POSTED SEPTEMBER 12, 2025 3:11 PM |
US Urges G-7 Sanctions on Russian Oil as Trump Loses Patience
The US will urge its allies in the Group of Seven to impose tariffs as high as 100% on China and India for their purchases of Russian oil in an effort to convince President Vladimir Putin to end his war …
POSTED SEPTEMBER 12, 2025 3:05 PM |
Oh, the Places Broadband Won’t Go Under West Virginia Expansion Plan
Last week, Gov. Patrick Morrisey announced that the state had finalized its $1.2 billion plan to bring high-speed broadband to homes and businesses in the state. “We are excited about the opportunity to bring broadband to every corner of our …
POSTED SEPTEMBER 12, 2025 2:33 PM |