What the Florida Industry Needs to Know for the 2018 Hurricane Season

Article 0 Comments The 2018 hurricane season is officially underway, even as the dust continues to settle on the 2017 hurricane season — one of the costliest hurricane years on record — that brought devastation to Florida from Hurricane Irma. Meanwhile, the Gulf Coast has already received a stark reminder […]

European Corporations Given Guidance on Factoring Climate Risk in Financials

Article 0 Comments The European Bank for Reconstruction and Development has published guidance for companies reporting on the physical impact of climate change in their financial results. Concerns in the financial community that assets are being mispriced because climate risk is not being factored into financial reporting has prompted demand […]

Beecher Carlson Adds Rhoades in Oregon

Article 0 Comments Beecher Carlson Insurance Services LLC has named Jeff C. Rhoades vice president. Rhoades joins the practice in Portland, Ore., and will report to Erin Lynch, president of the energy practice. Rhoades will focus his efforts primarily on the West Coast. For the last seven years, he has […]

CoreLogic: Texas, Louisiana Highly Vulnerable to Hurricane Storm Surge Losses

Article 0 Comments Texas and Louisiana are among the top three states for potential storm surge losses at the start of the 2018 hurricane season, which begins on June 1. That’s according to Irvine, California-based CoreLogic, a provider of global property information and analytics. In its 2018 CoreLogic Storm Surge […]

Outlooks Revised to Positive for Arkansas’ Kinsale Insurance

Article 0 Comments A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Kinsale Insurance Company (Kinsale) in Little Rock, Arkansas. Concurrently, A.M. Best has revised the outlook to positive […]

WCRI: Work Comp Costs per Claim High, Growing in Louisiana

Article 0 Comments Workers’ compensation total costs per claim in Louisiana were the highest in a recent study of 18 states conducted by Cambridge, Mass.-based Workers Compensation Research Institute (WCRI), the organization announced. The study, CompScope Benchmarks for Louisiana, 18th Edition, found the average total cost per workers’ compensation claim […]

Holland Joins Missouri’s Kelly Probert Insurance Agency

Article 0 Comments Kelly Probert Insurance Agency in Webb City, Missouri, has hired Debra Holland as producer. She will identify and develop insurance prospects, design insurance plans, and recommend coverages to new and existing clientele. Prior to joining the agency, Holland worked for more than five years with a State […]

Black Promoted to Brokerage Underwriter at J.M. Wilson

Article 0 Comments Portage, Michigan-based wholesale insurance organization, J.M. Wilson, has promoted Braden Black to brokerage underwriter. Black is responsible for quoting new and renewal brokerage business and servicing accounts for independent insurance agents in 25 states. Braden joined J.M. Wilson in 2016 as a Personal Lines and Claims intern, […]

Wisconsin’s SECURA Insurance Honors Agents with Donations to 27 Fire Departments

Article 0 Comments Appleton, Wisconsin-based SECURA Insurance has presented 27 fire departments with donations earned by its local independent agents in eight states. The donations ranged from $500 to $1,500, with some agencies choosing to split the donation among multiple fire departments. Some agencies choose to match the gifts, increasing […]

Report: Michigan Fire Officials Lack Inspection Resources

Article 0 Comments The Michigan fire marshal’s office hasn’t performed annual safety inspections of churches, theaters, restaurants or other places of public assemblage as required by state law, according to a newspaper investigation. The Legislature has never funded the requirement, the Lansing State Journal reported. Lawmakers have rejected fee increases […]