Industry News

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$8.6B Worth of Homes at High or Extreme Risk from California Fires
November 16, 2018
A report out on Friday shows 23,044 homes with a total reconstruction cost value of $8.6 billion are at high or extreme risk of wildfire damage within the perimeters of the Camp Fire in Northern California and the Woolsey Fire …

Delle Joins Missouri’s Town and Country Insurance Agency
November 16, 2018
Troy, Missouri-based Town and Country Insurance Agency has hired Angie Delle as a Medicare specialist and producer. Delle will handle everything from Centers for Medicare & Medicaid Services (CMS) compliance and field underwriting to customer ser …

Early Snowstorm Shuts Down Schools, Businesses in Eastern Missouri
November 16, 2018
Snow arrived early in eastern Missouri this year, forcing hundreds of schools and many businesses to close on Nov. 15 and causing numerous traffic accidents. The snowstorm moved into the region Wednesday night and had dumped 4-6 inches (10-15 centime …

Leicht Elected President of Texas Surplus Lines Association
November 16, 2018
At its recent annual meeting, the Texas Surplus Lines Association Inc. elected Matt Leicht, owner/underwriter at the Houston-based wholesale insurance firm, Craig & Leicht, as the group’s president. Jennifer Mier, executive vice president with Am …

UK Prime Minister Defiantly Battles to Save Brexit Divorce Deal – and Her Job
November 16, 2018
British Prime Minister Theresa May won the backing of the most prominent Brexiteer in her government on Friday as she fought to save a draft European Union divorce deal that has stirred up a plot to force her out of …

Michigan Man Sentenced to Prison for Staged Auto Crash Fraud Scheme
November 16, 2018
A Michigan man who pled guilty to participating in a multi-state staged auto accident/insurance fraud scheme has been sentenced to prison, according to the United States Attorney’s Office. Marvin David Ramirez, 45, of Grand Rapids, Michigan, was sent …

Nearly 3.5 Tons of Chicken Salad Recalled by Houston Company
November 16, 2018
A Houston company has recalled nearly 3.5 tons (2.72 metric tons) of ready-to-eat chicken salad that regulators say may be contaminated with listeria. The U.S. Department of Agriculture on Nov. 14 announced the recall by Ron’s Home Style Foods. The … …

Arkansas Deputy Insurance Commissioner Anderson Receives NAIC Award
November 16, 2018
Mel Anderson, deputy commissioner at the Arkansas Insurance Department (AID), has received the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance from the National Association of Insurance Commissioners …

S&P Says Insurers And Reinsurers Can Absorb Losses from California Wildfires
November 16, 2018
S&P Global Ratings expects both the primary insurers and reinsurers to be able to absorb losses from the California wildfires, limiting them to an earnings event. However, the mounting bills from more frequents large wildfires in the state agains …

CREST Insurance Group in Arizona Names Perrin COO
November 16, 2018
CREST Insurance Group LLC of Arizona has named Heather Perrin chief operations officer. Perrin will reside at the company headquarters located in Tucson, Ariz., and will oversee operations at the Arizona branches located in Scottsdale, Flagstaff, and …

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